|
In today's ever changing and evolving IT and regulatory climates, IT asset management and licensing strategies have become a focus for many organizations. Developing adequate processes for managing IT Assets acquired and deployed is an important part of sound IT asset management practices.
Furthermore, changes to corporate structures (such as following a merger or acquisition), business functions, and infrastructure technologies will often significantly impact IT asset management, software licensing structures and contractual entitlements.
IT is both a valuable asset and a significant investment. Failure to effectively manage IT assets can lead to significant risk exposure, including:
- Financial Risk: lack of budget control and planning, including unbudgeted compliance liabilities and/or overspending.
- Operational Risk: lack of control over IT asset allocation and availability.
- Legal Risk: breach of contractual entitlements, software license agreements and corporate governance legislation.
|