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Asset Management

The latest News and Information on Asset Management, Device Management and related technologies.

How Cloud Asset Management Provides Fuller Inventory Visibility

Cloud adoption has grown in recent years. From organizations developing a cloud-native strategy to those focused on cloud migration, there are many different ways to consume the cloud. No matter the reason for choosing the cloud or how organizations get there, many overlook one critical piece of the puzzle: cloud asset management. Have you been frustrated by figuring out what you have deployed in what cloud? If so, you're not alone. Let's examine why this is so important.

Soothe Supply Frustrations

How Intelligent Order Promising bridges the Supply & Demand Gap For CPG companies, Intelligent Order Processing (IOP) is a new area of AI application that has arisen out the hard learnings of 2020. All major functions of a CPG firm, from Sales to Strategic Planning to Order Fulfillment, are now asking how AI can help them better manage the incidents of demand and supply variability that are here to stay.

The Evolution of Revenue Growth Management

What a global CPG company gained from an integrated RGM solution To achieve financial targets, CPG companies manage two major levers: costs and revenue growth. Recently, there's a renewed focus on Revenue Growth Management. Why? Because traditional approaches to achieve the price and market share increases are not producing results. Economic profit dropped 67% in the last decade, and COVID made it worse. Read how CPG companies face these issues and what one company did to change their trajectory.

Top 10 Reasons Service Mapping Can Accelerate your IT Service Management Capabilities

Service mapping is an essential tool for IT service management, as it allows you to gain a clear and comprehensive understanding of the various components and dependencies that make up their IT services. Service mapping focuses on discovering data center devices, infrastructure, application dependencies and the corresponding relationships. This enables your organization to manage and optimize their IT operations, improve service delivery and more effectively reduce disruptions and outages risk.

How to do Asset Management in the Mining Industry

The mining industry uses a variety of tools and equipment – both IT and non-IT – in its everyday activities. From drills and equipment to work down the mines to computers and software to run its operations, it handles a wide range of assets in decentralized locations. Thus, implementing asset management in the mining industry is not an option; it’s a must.

How to simplify the steps in the life cycle management of assets?

The life cycle of an asset starts from the day it is purchased to the day of its disposal. During this whole process, there are a lot of changes in the state, condition of asset and user history, depreciation being incurred and multiple other things. It is very important to keep a track of all of this so that an organization is well aware of the asset that they procure.

IT Asset Manager Job Description: Duties, Skills, and Daily Activities

IT asset managers’ job descriptions tend to be very complicated and diverse. In general terms, the role is in charge of managing an organization’s hardware and software assets, so it’s crucial to have a trustworthy professional, especially for organizations that conduct most of their operations on digital systems. In this sense, an IT asset manager has to also be capable of handling a team of professionals dedicated to the task to achieve the business goals with its assets.

What is the role of breakdown maintenance in a fast pace restaurant?

What do restaurants rely on these days? With the change in environment with multiple competitors growing every day, to survive in this fast-paced industry, restaurants must think out of the box and start managing their assets if they are not. There are times when they end up being in a situation which is caused due to sudden breakdown in their assets, which is not a good situation to be in. It reduces the trust of customers and ultimately leads to a reduction in profits.