A listing of ITAM Skills

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Skills Needed for ITAM Practitioners

What is IT Asset Management (ITAM)?

The primary objective of ITAM is to oversee the full life cycle of IT assets, ensuring their effective use and compliance with various regulations. Ultimately, ITAM is about ensuring each asset contributes to a business’s overall strategy.

This involves tracking an asset from acquisition until retirement, ensuring that the asset is up-to-date and functioning optimally throughout its life cycle. ITAM helps your enterprise keep an eye on all your assets, aiding in identifying and mitigating these risks.

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Critical Aspects of ITAM

If you break up the above description of ITAM, the various aspects of ITAM would be

  • Hardware Asset Visibility
  • Software Deployment & Usage Visibility
  • Asset always being up to date in its lifecycle
  • Security Risk Management
  • Cost Optimization and Financial Risk Management

Skills Needed

These aspects of ITAM would flow into the specific skills needed to be a ood ITAM Practitioner:

IT Infrastructure Management

  • System Administration
  • Hardware & Software Assets Discovery
  • Network Monitoring
  • Incident Management

Spend & Risk Management

  • Software License Management
  • Financial Risk Management
  • Cost Optimization
  • FinOps

Security & Asset

  • Information & Cyber Security
  • SBOM management

Asset Lifecycle Management

  • Hardware Asset Management
  • Software Asset Management
  • Cloud Asset Management

Vendor Management

  • Legal & Contracts Management
  • Commercials & Price Management

Asset Application Relationship

  • CMDB Management

Successful ITAM requires the participation of cross-functional experts and targeted skills development.