CURRENT THREAT SCENARIO
According to Forrester, up to 33% of a given organization’s assets are unaccounted for. This is a frightening statistic, considering that for large enterprises, this can result in thousands of unknown devices. It is also frightening given the value of these devices – Forrester also estimates that IT assets account for 50% of the total enterprise asset base and 80% of capital expenditure. Thus, unaccountability for hundreds of thousands and potentially millions of dollars in assets is not something any IT department wants to face, especially due to Forrester’s estimate that there is a 20 to 40% chance that any given business will be audited in 2010, with an average penalty of $30,000 per unauthorized license. While unaccounted-for assets are not only rampant in the enterprise, unused assets are as well. Forrester also estimates that 20% of software is never used and 30% of the software installed on a PC is never even authorized. The average cost of an unused license is $390 – multiply this by 500 systems and that’s a cost of $195,000 annually. No small sum considering its money down the drain – money spent on technology that will remain unutilized, simply because its existence is unaccounted for. Given the fact that most businesses are still emerging from a slumping economy and IT budgets have been drastically reduced, hundreds of thousands of dollars in waste is not something to be taken lightly. Accurate asset knowledge, accountability, and control are critical for any organization that wants to maximize the business value of their assets while minimizing unnecessary cost. A comprehensive asset management solution is the key.
WHAT DOES THIS TECHNOLOGY DO?
LANDesk Asset Lifecycle Manager was created with the idea that when IT managers know what assets exist within their organization and how they are being used, they have the actionable data necessary to make informed decisions. With Asset Lifecycle Manager, IT managers can not only see which assets are in their environment, but who owns them, how they are maintained, and who should be charged back for asset-related services. Asset Lifecycle Manager allows them to view a visual mapping of all assets, as well as the relationships between assets. By analyzing this data, managers can make informed decisions regarding the changes that occur to the asset throughout its lifecycle, such as changing users, departments, cost centers, functions, jobs, and more.This is a vast amount of data to track and accessing the right facts is difficult when data is spread across multiple applications, departments, disciplines, and sources. Thus, Asset Lifecycle Manager structures a task-focused asset repository optimized for understanding costs, lifecycle and assignment status, and accountabilities for each asset.Asset Lifecycle Manager also helps ensure that existing data is structured by well-defined rules and conditions, and that new data is validated, well-formed, and useful. More importantly, Asset Lifecycle Manager then provides both the ability to actively process that data to derive additional knowledge, plus triggers to help highlight exceptions or changes so managers can move from passive data tracking to active asset management.
LANDesk Asset Lifecycle Manager goes beyond merely tracking assets. It is a structured asset repository that extends the management of an organization’s assets (both hardware and software) throughout the asset’s entire lifecycle – beginning with procurement and ending with retirement. By connecting key asset information with the asset’s lifecycle state, IT managers can enhance business analysis and the capability to conduct business improves. The asset repository is crucial, because proper information, coupled with a state change engine triggering the appropriate business process, and tracking the change information, is what allows Asset Lifecycle Manager to enable layered accountability, cost information, and link assets to defined services.LANDesk Asset Lifecycle Manager enables IT managers to: gain control by knowing where their assets are and how they are being used; reduce risk by managing regulatory and security compliance; reduce cost by understanding license, acquisition, support, service and other expenses; enable accountability by ensuring the right people are making the right decisions about IT; and enhance performance by shifting their IT departments from cost centers to a revenue enablers.
While 72% of organizations are currently in the planning or strategy stage of an asset management evaluation, on average less than 15% of them will make it more than halfway through this process. This is startling given the amount of time and budget spent on the planning phase alone – a complete waste if the project is abandoned. Perhaps IT departments would be more inclined to take on and complete such massive undertakings if they had a tool to simplify the process of identifying every single hardware and software asset, who is using them, how they are being used (if at all) and whether or not they need to be replaced. LANDesk Asset Lifecycle Manager does just that – allowing organizations to manage IT and business processes with consolidated asset configuration to control costs, mitigate risk, and enable efficient change to maximize business value.
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