IT Asset Management (ITAM)

IT Asset Management (ITAM) establishes a lifecycle management process for all Information Technology (IT) assets and manages IT hardware, software, and license assets. Asset Management provides the basis for important Information Technology Infrastructure Library (ITIL) processes, such as Service Level Management (SLM) and Configuration Management (CM), and is required for Service Catalog and Configuration Management Database (CMDB) development.

Related terms

Configuration Management
Configuration Management Database (CMDB)
Configuration Management System (CMS)
Information Technology Infrastructure Library (ITIL)
Service desk
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