All organizations rely on a number of technology devices – printers, servers, computers, phones, software, etc. Managing the health, inventory and contracts associated with each type of these devices is no easy task. Quite often in organizations, such assets get tracked by different people, in a lot of different places. As you can imagine, this leads to inaccuracies and conflicting information and as a result, makes it difficult for management to make informed decisions. ITAsset Management is a process that ensures IT assets align with the company’s business objectives. At its most basic function, ITAM tracks equipment and inventory in an organization and helps controls technology costs.