What You Should Know About IT Asset Management

workload automation

Work and operations in the world of Information Technology (IT) can be complex and complicated at the same time. People in this field studied their majors for years and are required some years of experience before they can even qualify as industry experts. And with the difficulty to cope in the fast paced world of IT, proper business practices and IT asset management should always be in order. It goes without saying that only a good direction and proper handling can put organization to any possible chaos that can arise from an industry that keeps coming up with new innovations too frequently as one would expect.

Ergo, one needs to understand the concept behind the creation of IT Asset Management. “IT asset management (information technology asset management) is a set of business practices for optimizing spending and supporting strategic decision making within the IT environment while also increasing the company-wide understanding of IT’s business value. An IT asset is classified as any company-owned information, system or hardware that is used in the course of business activities. The IT asset management process typically involves gathering a detailed inventory of an organization’s hardware and software and then using that information to make informed decisions about IT-related purchases and redistribution. By avoiding unnecessary asset purchases and making the best use of current resources, IT asset managers can eliminate waste and improve efficiency,
as clearly defined by searchcio.techtarget.com.

“The signs are there — an economic recovery is on the way. So what does that mean for enterprises? For many, the next 12 months will represent flat capital budgets and more of the relentless cost pressures we have seen during the past three years. For others, it will provide opportunities to improve the performance of their IT asset management programs. For more than a decade, enterprises have invested in and developed comprehensive IT asset management programs. Although some have made significant progress with their programs, many have experienced failed implementations and are struggling with programs that are barely “good enough.” However, good enough does not suffice in today’s environment, in which governments use legislation to achieve domestic and international policy goals, and enterprises continue to emphasize cost control for IT assets. What’s Different Now? Successful IT asset management programs require a balanced focus on three critical elements — people, process and technology. That will never change. Enterprises will still need to develop asset management strategies and identify timelines, risks and business and technology requirements,” wrote Frances O’Brien in the article Why IT Asset Management Is Important Now for gartner.com

Kale Clark, who supervises a big IT team in Singapore, shared how workload automation and proper job scheduling are important in IT asset management, “You have all these expensive software and yet you can’t manage your business activities right. That’s bad supervision. With proper workload automation and right scheduling, several business activities should be processed in an effective and efficient manner. Technology has become so advanced today that you need to exploit those opportunities and make the most out of the advantages that are handed to you, which will make you save more time, effort, and even money in the long run. Wiser IT managers should know this up front. There can be ways to minimize human work and intervention if you know how to use your assets right.”

What exactly is workload automation? “Workload automation is the practice of using software to schedule, initiate, run and manage tasks related to business processes and transactions. A workload, in this context, can be thought of as the total amount of processing that a computer or a business is conducting at any given time. Workload automation makes it possible for much of that processing to take place without human intervention. Workload automation is often used in virtualized and cloud environments. The approach represents a shift from time-driven to event-driven processing. Previously, due to network limitations and high daytime traffic, many such tasks were accumulated for batch processing, to be run at night. Transactions that require more time than straightforward online transactional processing (OLTP) have become the domain of workload automation. Actions are managed as asynchronous transfers by background processes that are the core component of workload automation,” as whatis.techtarget.com clearly defined.