Please note that this list is not exhaustive and there might be other reasons why an IT department would want to deploy IT Networking Asset Management, also based on the specific context and specific company.
- Keep track of the location and status of all network assets, such as servers, routers, and switches
- Know what software and versions are installed on each network asset
- Identify and track the warranty status of network assets
- Know when network assets need to be replaced or upgraded
- Plan for future capacity needs and budget accordingly
- Track the utilization and performance of network assets
- Know the number of IP addresses currently in use, and plan for additional IP addresses as needed
- Monitor network security and identify potential vulnerabilities
- Identify and track the software and hardware dependencies of network assets
- Monitor compliance with industry regulations and standards, such as HIPAA or PCI-DSS
- Keep track of user access to network assets and monitor for unauthorized access
- Automate inventory management and reduce the need for manual data entry
- Manage network assets in multiple locations, such as branch offices, remotely
- Provide visibility into the relationship between network assets, including dependencies and impacts
- Identify network assets that are underutilized or overutilized, and optimize resource usage
- Quickly and easily identify and resolve issues with network assets
- Reduce the risk of data breaches or security incidents
- Automate software asset management and reduce the risk of license non-compliance
- Reduce costs by avoiding unnecessary purchases of hardware or software
- Reduce the time and effort required for IT staff to manually maintain network inventory
- Improve the efficiency of IT operations
- Improve the responsiveness of IT support to end-users
- Improve the overall performance and reliability of the network
- Improve communication and collaboration within the IT department
- Better manage and allocate IT budget