ServiceNow ITAM Enabling Asset Transparency

1. ServiceNow ITAM: Enabling Asset Transparency ServiceNow ITAM (IT Asset Management) automates the lifespan of IT assets. It provides a central location for hardware, software, contracts, and licensing. It optimizes utilization, minimizes expenses, and assures compliance by tracking assets from acquisition to retirement. ITAM manages updates and vulnerabilities to automate procedures, match resources with business demands, and reduce security risks. Real-time data insights and integration capabilities promote effective IT operations, allowing firms to make educated decisions, boost productivity, and have a complete perspective of their computer systems. ServiceNow ITAM helps you manage and enhance all of your company's digital assets. You may effectively manage the end-to-end lifespan of software, hardware, non-IT resources, and cloud services on one platform with the aid of a robust configuration management database (CMDB). Another significant advantage of ITAM is that it gives you greater control over the security of your IT infrastructure. IT assets are inherently exposed to security risks, which should be minimized as much as feasible. ITAM improves your awareness of your IT assets by monitoring their health, position, and protection. ServiceNow SAM (Software Asset Management) ServiceNow SAM (Software Asset Management) is a powerful software licensing management solution. It provides a single platform for tracking, managing, and optimizing software licenses during their lifespan. licensing entitlement tracking, use monitoring, and automatic licensing reconciliation are all important aspects. It facilitates in the identification of unwanted or underused licenses, the optimization of software spend, and the avoidance of penalties due to non-compliance during auditing. ServiceNow HAM (Hardware Asset Management) ServiceNow HAM automates the management of hardware assets throughout their lifespan, from purchase to disposal. It assists companies in tracking the usage, location, and status of physical assets, enabling optimal resource allocation and eliminating wasteful spending. It also assists in maintaining regulatory compliance and planning maintenance plans to reduce downtime. Key Benefits of ServiceNow ITAM, Businesses can utilize: • Asset Lifecycle Optimization tracks assets from acquisition to disposal, guaranteeing effective usage and eliminating wasteful spending. • Streamlines operations and reduces manual labor by automating asset-related workflows such as procurement, provisioning, and retirement. • Identifies underused assets, improving resource allocation and avoiding waste. • Reduces security threats by monitoring hardware and software upgrades, ensuring systems are safe and up to date. • Combines with other ITSM modules to provide a complete picture of the IT infrastructure and help in decision-making processes. • Provides real-time access to asset data, allowing for informed choices and proactive management. • Attention to compliance Supports compliance with license agreements and laws and regulations, reducing risks during audits. Conclusion

2. ServiceNow ITAM serves as a single platform for controlling every aspect of the lifespan of software and hardware assets utilizing the ServiceNow platform. With a robust CMDB, businesses may optimize asset management costs and decrease exposure. Through a successful ServiceNow ITAM platform installation, enterprises may effectively track their digital and tangible assets and improve the performance of their IT infrastructure.