Aug 18 XSi Q3 Newsletter: Hardware Asset Management Trends & Best Practices
Last week, we emailed our helpful Q3 newsletter to clients, as well as contacts that have expressed interest in hardware asset management, lifecycle management and independent hardware maintenance solutions as a means to proactively reduce hardware Operating Expenses.
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Hardware Asset Management, while not as attention-getting as Software Asset Management, has become a rapidly growing subject of interest in the last 14 years. But, has been a part of the conversation for as long as IT asset managers have tried to impact Total Cost of Ownership (TCO) or strategically chosen to extend hardware lifecycles for a myriad of logical business reasons. Because hardware costs on average make up 15-20% of the typical company’s total annual IT budget (data per Gartner), we maintain that the subjects surrounding Hardware Asset Management should NOT play second or third fiddle to SAM subjects or general ITAM discussions, but is equally deserving of the spotlight.
If you agree, we suggest:
- Subscribing to our quarterly newsletter,
- Directly asking industry analyst organizations (Gartner, IDC, Forrester) to improve their coverage of Hardware Asset Management and
- Begin to familiarize your peers with the inherent value of Hardware Asset Management – especially its potential for financial impact during difficult budget planning/economic periods.
What is Hardware Asset Management? An important component of IT Asset Management (ITAM) practices, we recommend this article from the ITAMReview:
Be sure to click the article name above to open the article in your browser.
Independent Hardware Maintenance (too often referred to as Third Party Maintenance) plays an integral role to your larger IT Asset Management strategy. We can help you better understand why and how.
Are you ready to learn more or engage us directly for a constructive and helpful dialogue? If so, Click Here.
About the Author
Brent joined XSi in 2020, bringing with him 30 years of marketing expertise, mostly IT and healthcare. Early in his career, he worked for a few of the country’s leading brand development firms in the Twin Cities, but landed firmly in IT and Independent Hardware Maintenance in 2002. During his IT Maintenance career, he worked at four IT maintainers (Qualtech/QSGI, Top Gun Technology, SMS/Curvature, SSCS), helping two of them from their origins to a recognized and successful business entity. In all instances, he managed the marketing departments, was the primary liaison with industry analysts (e.g. Gartner, IDC) and oversaw all marketing objectives, strategies and tactics. His greatest strengths have been in brand or market positioning and building a solid digital presence. His interests include: prairie restoration and habitat improvement projects, pollinator education, movies, music, craft beer, cooking, cast iron cookware restoration, youth education, fishing, hunting and BWCA camping