IT Asset Management - An Integral Part of an Overall Asset Management Strategy

Why would an organization want to track, and effectively manage their IT assets? In days gone by, the answer to this question was "Money". Emphasis was placed on the reduction of TCO of the enterprise. While this is still the case, the reasons for implementing a comprehensive IT asset management strategy are evolving. IT asset management is no longer only concerned with reducing TCO within the IT department. IT asset management is increasingly becoming the tool by which an organization is able to link their technology strategy directly with the organizations mission objectives.