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IT Asset Tracking: 5 Hidden Benefits

IT Asset Tracking: 5 Hidden Benefits

Have you ever considered how important it is to keep track of your company’s IT assets? IT asset tracking is important for many reasons. First, it helps to ensure accounting for company’s assets. This is important for both financial and security purposes. Second, asset tracking can help you keep track of your company’s inventory. This is especially important if you have a large or complex inventory. Third, asset tracking can help you manage your company’s assets more effectively. This includes keeping track of who is using what assets and when they are due for maintenance or replacement. Fourth, asset tracking can help you make better decisions about your company’s IT infrastructure. By understanding what assets you have and how they are utilized, you can make more decisions where to allocate your resources.

Overall, IT asset tracking provides several hidden benefits that can be extremely valuable to your business. By taking the time to implement an asset tracking system, you can improve the efficiency and effectiveness of your business in a number of ways. In this article, we’ll explore five hidden benefits of tracking your IT assets that you may not have considered before.

Sitehound & IT Asset Tracking Equipment

Enhance Security

  1. Enhanced security is one of the hidden benefits of IT asset tracking. By knowing where your assets are at all times, you can help prevent stolen or lost assets. This is especially important for sensitive equipment such as laptops and servers.
  2. Asset tracking can also help you to keep tabs on who has access to your equipment. This can be useful for preventing unauthorized access or for investigating security breaches.
  3. Asset tracking can also help you to identify potential problems with your equipment before they cause major issues. For example, if you notice utilization of a particular piece of equipment is high, you can investigate to see if there is a problem. This can save you a lot of time and money in the long run.

Increase Transparency and Compliance

When accounting and tracking for all IT assets, you are ensuring proper utilization in accordance with company policy. This can help to prevent misuse of company resources and data breaches. 

IT asset tracking can also help to improve efficiency within an organization. When accounting and tracking for all IT assets, it is easier to deploy them to the right people at the right time. This can help to save time and money by reducing the need for IT support staff to troubleshoot problems. Additionally, by tracking IT assets, organizations can be sure that they are using the most up-to-date versions of software and hardware. This can help to improve workflows and reduce downtime.

In addition to improving efficiency, tracking IT assets can also help organizations save money. By knowing what assets are available, organizations can avoid purchasing duplicates or unnecessary items. 

Reduce Risks and Costs

  1. IT asset tracking can help reduce risks and costs associated with lost or stolen equipment. This helps by seeing the location quickly, avoiding the cost of replacing the asset.
  2. IT asset tracking can also help to reduce the risk of data breaches. Storing sensitive data on equipment, it is important to know where that equipment is at all times. If tracking does not occur, risks include lost or stolen equipment and compromising data.
  3. IT asset tracking can also help reduce the costs associated with managing and maintaining equipment. When properly tracking equipment, it is easier to keep track of maintenance schedules and warranty information. This can help to avoid the cost of repairing or replacing equipment that is no longer under warranty.

Improve Decision Making

One of the benefits of IT asset tracking is that it can improve decision making. By knowing asset utilization and where they are located, organizations can make better decisions about how to allocate resources.

For example, a company might decide to keep more expensive assets in more secure locations. Or it might decide to move less important assets to locations where they are less likely to be damaged or lost. Using this information will help with optimizing the use of resources elsewhere in the organization.

IT asset tracking also helps organizations keep track of changes to their systems. This information helps to identify problems early and address them before they become big problems. It can also help identify potential security threats.

By improving decision making and tracking changes, IT asset tracking has many hidden benefits that can help your organization run more effectively.

Optimize Resources

  1. By tracking and managing your IT assets, you can optimize your resources and ensure that you are using the right technology for the right tasks.
  2. You can also reduce costs by automating certain tasks, such as software updates and security scans.
  3. By tracking your IT assets, you can keep abreast of changes in the market and make informed decisions about which technologies to invest in.

Conclusion

IT asset tracking is a valuable tool that can provide many hidden benefits. By using it properly, you can increase efficiency and accuracy, reduce risk and incidents, and improve security. To learn more how Sitehound can help manage your IT Assets, click here

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