IT assets management can be complex, especially in higher education institutions with multiple departments. Poorly managed assets can lead to inefficiency, rising costs, and the risk of non-compliance. CIOs must find a solution to reduce costs and optimize resource utilization. 

LabStats allows you to create it assets management strategy that optimizes IT environments, risk management, and cost savings. With our industry-leading tool, IT asset managers can make strategic decisions and maximize ROI. Streamline your IT environment today with LabStat's real-time tracking and intelligence. 

The Importance of IT Assets Management

From desktop computers and servers to organizational data, IT resources have significantly evolved in the past two decades. There is a growing need for every business to be a digital-first entity, and without proper management, they risk overspending on unused software and hardware or underutilizing these assets. 

Here is why IT asset managers must keep up with the best practices:

·        Tracking Usage

Keeping tabs on which resources are most or least used by stakeholders is the primary pain point for CIOs. It risks poor student experience and an inefficient IT environment on one hand, and budget constraints on the other. 

·        Providing Inter-departmental Support

Things become more complex when you have to provide IT resources across departments. Varying demands and compliance regulations can lead to untimely or inadequate deployment of hardware and software resources. 

·        Ensuring Software Compliance

A higher education institution has hundreds of software applications across campus. Without proper management, there may be a breach in usage leading to compliance risks. Moreover, there may also be underutilized software that you may be spending on. IT asset management helps you fulfill compliance while sizing down on unused software. 

Watch our webinar to learn how IT asset management can benefit your organization. Call +1-208-473-2222 or send an email to support@labstats.com to get in touch.