4 Common Misconceptions about IT Asset Tracking Software

IT asset tracking software misconceptionsThe role of IT asset tracking software in business development

The best thing about technology is that change remains a constant part of technology equation resulting in a lot of innovations coming up every now and then. As soon as something new comes up in the market, developers and engineers strive to make it even more efficient. IT asset tracking software provider also keeps its finger on the pulse of advancements to offer quality and efficient services and features. From flexibility and affordability to the accessibility and ease, asset tracking systems have loads to offer.

Online asset tracking and inventory management systems may not make your hair stand on end, but it is certainly a step forward from expensive, hard to understand and complicated traditional software systems. Using asset tracking tool, employees can easily work and access the same set of data. Even small businesses get to utilize the benefits of IT asset tracking tool which means not having a dedicated IT staff isn’t a problem anymore. Undoubtedly, the popularity and usefulness of IT asset tracking software will continue to rise in the data-hungry world of today. Unfortunately, this popularity has also brought about some misconceptions which need to be clarified.

Most IT departments need to understand the myths and truths around the digital asset management software. Let’s dispel some of the myths that have clouded the decisions of many enterprise organizations. Continue reading

How Asset Tracking Software Reads Across 5 Different Industries

5 asset tracking software industriesAsset tracking software and its application in different industries

Asset management is a process that involves maintaining and monitoring assets of a business. Companies have both tangible assets and intangible assets and asset tracking can be applied to tangible assets like company cars, equipment, land, buildings, inventory, cash at bank, cash in hand and even to intangible assets like computerized databases, website, software, domain names, patent technology and brand.

Asset management includes reliability checking, tracking leased and rented assets, performing predictive and preventive maintenance, retrieving and assigning assets together along with business intelligence and analytical features. It enables you to track and record the life cycle of an asset: upgrading, maintaining, operating, deploying and finally disposing of an asset. As soon as the asset is deployed, asset tracking software keeps a record of all its maintenance events and allows an organization to perform regular audits till the asset actually retires.

Asset tracking software can be used by a multitude of businesses and industries like healthcare, IT, education, hospitality, media, nonprofit, government agencies, and many others. You’re familiar with some of the general functions of asset tracking software but how does it read across different industries? Different industries mold and utilize this software according to their functionalities and operations. Below we have enlisted five industries that make use of asset tracking software while promoting efficiency and accuracy in their businesses. Continue reading