Asset Management as a Core IT Management Practice

Reduces costs by co-ordinating acquisition; lowers cost/price/terms across the organisation
Facilitates implementation/deployment of new applications
Manages technical diversity; works as a tool to improve reliability
Functions as an operational management tool — end-user support, logistics management
Provides accountability, financial metrics, efficiency and legal protection

Logical Reasons for IT Asset Management

Management harbours a sneaking suspicion IS is constantly buying new toys
IT has limited tools to explain and demonstrate the value of technology migrations
General discomfort with new, decentralised management practices
“We are out of control!”