IT Asset Management (ITAM) Reduce IT Cost & Risk

IT Asset Management (ITAM)

Reduce IT Costs Control Risk Deliver Strategic Value

IT Asset Management ITAM

A well designed IT Asset Management (ITAM) program provides essential metrics that will help reduce costs, decrease risk exposure, improve cross-functional services, and deliver strategic value to Business Process Improvement (BPI).

We help organizations that want to reduce costs or improve performance in any of these areas. Contact us to learn how an ITAM program can generate funds, facilitate BPI, and provide legal defense in the event of a data breach.

An effective ITAM program pays for itself with hard dollar savings.

ITAM is not limited to hardware and software but also covers Software as a Service (SaaS), mobile assets, Cloud-based services and the Internet of Things (IoT).

  • NASA has saved more than $100 million over the last six years by implementing software asset management best practices.
  • A large information technology company saved $23 million on IT assets over a seven-year period.
  • A Department of Energy audit estimates saving $2.3 million with improved mobility management in just eight locations.
  • A non-profit academic organization with a $4 million annual Software as a Service (SaaS) budget found $1.5 million in unnecessary spending across their top five SaaS products.

Software Industry Trends…

What’s next for the software industry? Audits, of course!

Global bean-counter, PWC, recently advised its software publisher clients that this (Covid Pandemic) period would be a good time to step-up compliance audit activity (to improve their bottom line)!

Contact our ITAM team if your team is under audit pressure. Our Audit Defense professionals will navigate the process with you, saving you considerable expense and distraction.

Software Asset Management Optimization

Software is a major expense for most organizations but unfortunately software asset management (SAM) is not yet a common skill. Silver Tree has particular expertise in software asset management ranging from software license optimization (SLO) for a particular product up to design and implementation of an organization-wide software asset management program.
If you need a Software Asset Management Health Check, Silver Tree’s no-charge SAM Health Check consists of 20 questions indicating how your organization’s SAM program compares to competitors and industry standards. This quick and easy, high-level assessment indicates what you are doing well, average, and needs improvement.

Proven Track Record.

We have a proven track record in the marketplace for implementing and significantly improving the performance of Information Technology Asset Management (ITAM) programs across all the information technology spend. We work with the client to develop an organizational core competency in ITAM that maximizes the ROI from the IT investment and mitigates the underlying risk while providing a significant competitive advantage.

World Leaders.

Our ITAM personnel are recognized world leaders in ITAM with a long and deep passion for achieving concrete results from ITAM programs. We have ITAM expertise across all the IT platforms and have designed and implemented world-class ITAM programs that manage these IT assets through their entire life cycle from initial request through installation, redeployment and maintenance to final disposition.

Think you need to write it off or “ride it out?” Think differently.

IT assets are just that – assets. Fully depreciated or leased! Even written down to zero on your books, many still have market value. We will maximize the value you receive by leveraging our global sales channels. Our proven process maximizes the value we recover which includes the refurbishment and repair of all assets that have significant use life.

Proper Disposal.

Our ITAD program assures compliance with all local, state, and federal environmental regulations, and provides the evidence that you have diverted every possible bit of material from landfills back into the supply chain. Beyond compliance, we assist you to reach your environmental stewardship.

The following are representative of the ITAM Services we offer:

ITAM Gap Assessment

Examination of existing  ITAM program beginning with the organization’s overall risk and opportunities for financial gain. People, process and technology are examined across all the ITAM key process areas. A specific roadmap with corresponding metrics and policies is developed.

Executive Briefing

High level overview of ITAM for executives emphasizing the significant financial and risk mitigation benefits for the organization.  Executives gain a deeper understanding of the complexities of ITAM and how to maximize its benefits.

Software Compliance

Development of a proactive software license compliance program that makes being compliant the natural state for the organization. This keeps the organization from being a target for compliance agencies, reduces the manpower cost of replying to audits and reduces the risk of penalties and fines.

Software License Optimization

Review of software licensing with a particular vendor to reduce costs.  We can help prepare for software negotiations and participate if desired.  Our experts have in-depth knowledge in Adobe, IBM, Microsoft, Oracle and SAP.

Software Harvesting

Development of a methodology for harvesting and redeploying software that results in significant purchase avoidance and financial savings.  This also includes examining end user software usage and replacing higher cost products with lower cost products and reclaiming underutilized software.

Tool Optimization

Assessing the effectiveness and integration of all the tools managing the IT assets and producing an improvement plan to maximize the ROI from current tools.

BYOD Strategy

Development of a Bring Your Own Device (BYOD) strategy that ensures that the organization receives the financial benefit of BYOD while avoiding its unique risks.

XaaS Strategy

Development of a long-term governance structure to maximize the value of SaaS, IaaS, etc. while reducing the underlying risk and avoiding over spending on subscriptions.

Digital Investments in Action

Silver Tree offers Comprehensive Reporting:

Our ITAD program provides comprehensive reporting on all major activities to not only ensure compliance with complex governmental regulations but ensure full traceability and transparency on all of the assets we manage on your behalf.

Audit & Report

Each asset received into our facility network undergoes a value-based audit based upon it’s type, age, and condition, whereby we destroy data through eradication of valued HDDs and shred the balance of HDDs. Each asset is tested and we capture the serial number, model, configuration and condition of each asset.

Certificate of Data Destruction

All storage media assets are eradicated or physically destroyed and we provide a ‘Certificate of Data Destruction’ depicting the serial number, model, destruction method, technician name and destruction date

Certificate of Recycling

When older equipment reaches a state where it no longer has any useful life in part or whole form, it must be recycled responsibly, and we ensure that it is done so in strict compliance with our “zero landfill/zero export” policy. We provide a ‘Certificate of Recycling’ depicting serial number, model, weight and recycle date.

We welcome the opportunity to explore how we can help you.