The ITAM Practice exists to track and manage assets (hardware and software) throughout their lifecycle while reducing cost and risk to the business and IT, and tracking our enterprise investments in IT Assets.
The objectives of the ITAM processes are to:
Maximize the value from IT Assets over their lifetime
Provide IT Asset inventory information for financial audits and forecasts
Provide information on IT Assets to support IT decision making, at both strategic and tactical levels
Minimize exposure to risks relating to missing, unassigned, unsupported, or unapproved hardware/software
Oversee IT Asset disposal in compliance with legal, environmental, and corporate standards
Improve visibility and insight regarding IT asset investment costs and historical expenditure trends
Contain run costs by optimizing IT asset inventory levels, managing the ITAM supply chain, and negotiating better price-value ratios based on volume discounts or business volume guarantees
Ensure that appropriate business controls are followed for ERIE’s IT Asset inventory through implementation of formalized, consistent, end to end ITAM processes with actively monitored key performance indicators (KPIs) and well managed metrics
Purchase, deploy, and dispose of IT assets in a management authorized manner