Asset Life Cycle Management (ALM) is all about taking control of tracking, ownership and assignment of IT Assets, from the initial request through retirement and disposal. Understanding what you own, where it is located, how much it is being used and how much it costs -provides the context for continuous improvement, cost reduction, security and regulatory compliance.

The same tools that automate and centralize Service Desk, IMAC and Break/Fix processes also provide best practice asset accounting and license reconciliation. ECS provides deep IT Asset Management process and tools expertise across most IT towers including Desktop, Network, Open Systems, Mainframe and Applications. IT Asset management in many IT shops is not only archaic, it's a serious fiduciary risk that many shops purposely back burner - until there is an audit. There may be an enterprise level Asset Management solution in place, but processes around procurement, vendor management, contract management, license proof of purchase management and lease management may be so bad that the data is unreliable, shrinkage goes undetected and serious license gaps pose massive true up and/or penalties during audits. Asset Management is more than inventory control. Modern asset systems manage the life cycle of company owned or leased hardware and software assets to ensure fiscal accountability, audit compliance and cost efficient operations. ECS can evaluate your existing processes and tools, streamline current asset management practices, develop new designs and controls and assist solution implementation. Major focus areas are:

• Procurement, goods receipt and accounting
• Hardware and software Asset tagging and discovery
• Vendor and contract management
• Software License Tracking
• Usage Monitoring

Asset Life Cycle Management - What It Should Look Like:

AssetMngtBlueprintv4.jpg

Discovery and Asset Management provide the building blocks for a Configuration Management Data Base Implementation. A CMDB provides significant value to an IT organization by providing a complete view into the relationships and dependencies of all IT elements that work together to deliver business services. ECS can provide a road map for an ITIL compliant, enterprise ITSM and ALM solution supporting a common federated CMDB, discovery tools, connectors, dependency mapping UI and off the shelf integration with Incident, Problem and Change Management.