IT Asset Management: By the Numbers - What is ITAM?

This is Part 2 of a 5-part series on Calculating the ROI of an ITAM Solution. The entire series is available as a complimentary white paper in PDF format for download here.

Part 2 of 5: What is ITAM?

WHOCANBENEFITFROMASSETTRACKINGIT Asset Management (ITAM) is the critical, yet often neglected, process of inventorying and auditing the assets within a data center.

It is a subset of the larger process known as Data Center Infrastructure Management (DCIM) which represents the convergence of IT infrastructure and building facilities functions within an organization.

ITAM is the process by which IT professionals responsible for the data center are able to track and manage the data center assets under their control.

Inventory assets can vary wildly by organization, but typically include assets such as: 

  • Racks
  • Cabinets
  • Other floor-mounted devices (base assets)
  • Rack-mounted devices (contained assets)
  • Device-mounted assets (sub-contained assets)
  • Power connections
  • Network connections

We've covered this topic in previous blog posts that you might find useful, like these:

  1. A Clipboard is Not and Effective ITAM Tool
  2. Value of ITAM for Data Center Colocation Facilities
  3. Reducing the cost of IT data center audits