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
Mark came to XS International after a decades-long career at a similar and closely aligned service organization. For the last 24 years he has helped numerous Enterprise IT professionals understand their data center hardware support options to maximize hardware asset ROI and combat OEM FUD. The true nature of service to others has always been very important to Mark, as has pride of work quality. Mark resides in Houston, TX with his two children and the love of his life, Laura. Personal interests include: church choir, golf, tennis, playing music (piano and bass guitar) and singing, literature, movies, cooking (frequently with cast iron) and sailing.