"IT Asset Management = A Better Return On Your IT Investment"IT asset management is an important part of an organisation's strategy. It usually involves gathering detailed hardware and software inventory information which is then used to make decisions about hardware and software purchases and redistribution. IT inventory management helps organisations manage their systems more effectively and saves time and money by avoiding unnecessary asset purchases and promoting the harvesting of existing resources. Organisations that develop and maintain an effective IT asset management program further minimise the incremental risks and related costs of advancing IT portfolio infrastructure projects based on old, incomplete and/or less accurate information.