Asset Lifecycle Management

Best-of-the-breed, End-to-End-Solution

Maintaining a lifecycle of your hardware assets is an important part of an organization's strategy.

IT asset life-cycle management (ITALM) is a core process of IT asset management (ITAM). As an asset manager, it is important for you to know the stage of life cycle of your assets. ITALM helps increase organizational productivity by helping you make informed decisions on IT needs and services. You can make better purchasing decisions by looking at various resources and their life-cycle stages. If a particular asset is about to retire/expire, and if you already have that asset in your inventory, you have more lead time to order and replenish. If not, you know that the lead time is much less and you will have to raise a PO as soon as possible. Similarly, providing a seamless IT experience is a key metric for a good quality IT service. It is of utmost importance that you as an IT asset manager, know of an asset expiration before the end user does. Trans-Net Technologies helps you with various reports and easy-to-understand dashboards for a clear view of all your IT assets and their respective life-cycle stages.

Gathering detailed hardware and software inventory information is integral to making decisions about hardware and software purchases. Trans-Net Technologies can help your organization manage your systems more effectively and save time and money by avoiding unnecessary asset purchases and promoting the harvesting of existing resources. Organizations that develop and maintain effective IT asset lifecycle management solutions further minimize the incremental risks and related costs of advancing IT portfolio infrastructure projects based on old, incomplete and/or less accurate information.

Using internally developed processes and software, our staff will assist in the coordination of warranty renewals, licensing purchases, firmware update notification, any history of system imaging, and more. These systems will help to lower IT costs by helping to provide an understanding of the usage and deployment of hardware in your environment.

Benefits of a good IT asset life cycle management solution:

  • Forecast your needs better;
  • Make informed purchasing decisions;
  • Be proactive when it comes to replenishing resources;
  • Improve the quality of IT services;
  • Know the total cost of ownership of an asset;