IT Asset Management is a critical aspect of any organization's overall IT strategy. Many organizations, however, are not able to achieve their desired IT Asset Management goals due to the lack of a well-defined approach or the right solution. As a result, they often suffer from a high cost of ownership, low asset utilization, and increased security risks. This is why effective IT Asset Management is becoming increasingly important in the current economy. To achieve this, organizations need to follow a set of essential steps to ensure their IT Asset Management strategies are working correctly.

With global fossil fuel prices set to continue rising well into the foreseeable future, vehicle fleet operations need to start looking into better ways to manage their fuel reserves. For most owners or managers, updating legacy systems to a modern fuel management system (FMS) with automation features can minimise fuel-related overheads with minimal capital required. More compellingly, a modern fuel management system can pay for itself within less than a year, making these products worth the investment for certain fleets.