Preventing Asset Theft with Automated Asset Management Software

The potential costs associated with IT asset theft are astonishing. For example, a 2007 report published by DataMonitor claims that the average laptop holds commercially sensitive content and intellectual property valued at approximately $972,000. Therefore, companies need to take aggressive measures to secure their technology components and proactively prevent incidents asset theft.

Many experts believe that the key to securing laptops, PCs, handheld devices, and other assets is through the implementation and use of automated asset management software solutions. While many companies still perform asset tracking manually – a process that is not only time-consuming and labor-intensive, but inaccurate and error-prone as well – those that use software applications to streamline asset tracking activities can reap significant benefits. In fact, the Ponemon Institute states that the cost of preventative measures is as much as four times less than the cost of asset theft.

Automated IT asset management and asset tracking software from SAManage empower organizations to manage and track their hardware inventory throughout its life-cycle. Companies can achieve full visibility into all servers, workstations, laptops, printers and other hardware components that exist in their environment. As a result, they can:

• Create and maintain a detailed log of all hardware inventory
• Identify the location, configuration, and primary user(s) of all computers and peripheral devices
• Account for all assets at all times
• Uncover changes that may indicate possible asset theft, such as new passwords

No matter how complex or geographically dispersed a technology infrastructure is, automated asset tracking solutions can provide a greater understanding of what exists, and where it is located, helping companies dramatically minimize their risk of IT asset theft.

Learn more about IT audit and asset tracking solutions from SAManage, and how they can help businesses proactively prevent asset theft.