Failing to invest either the finances or the time will not bring you the benefits you seek…
Perhaps you have had an IT project that fell disappointingly short, or you are an SME with stretched or limited resources. It could be that you’ve experienced a security breach, with a fine and reputational damage to boot, and are still licking your wounds. Whatever your business’ size or situation, failing to get a firm grip on the entire lifecycle of your IT assets does leave you exposed to risk and inefficiencies.
Here we are looking at some of the hidden costs in leaving your technology to look after itself, and how IT asset management experts such as ourselves can help.
Table of Contents
Licensing
Software is one of those unseen assets that can cause legal hassles if you do not conduct regular audits of your company’s needs. Whether you have too many licences (inefficiency), too few (legal risk), no licences (legal and reputational risk), or under-used software, it is inefficient and costly not to have it under control.
Compliance
With data protection regulations (UK GDPR), which require data holders and processors to keep trackable records that are deleted as soon as either required by an individual, or by retention periods, you need to keep all the information held on all your firm’s devices – portable and desktop – safe and secure. Even if the hardware is obsolete and stored in a cupboard.
Cyber security
Outdated software and poor asset tracking can leave your business vulnerable, either by leaving chinks in your online armour (lax password control or outdated firewall) or by enabling unauthorised access (stockpiling and failing to protect obsolete hardware).
Unnecessary purchasing
If you are not across the full IT asset lifecycle, are you buying new hardware when you don’t need to?
Environmental
In the fast-paced churn of technology, it can be easy to dismiss obsolete hardware as ‘waste’. Firstly, some devices can be refurbished, updated and re-used by your business, while others can enter the lucrative re-sale market with the potential of earning you a rebate. Still others are gratefully received by community groups and charities, and, if all those routes fail, the elements that go into making these pieces of equipment – glass, plastics, precious metals, and so on – are valuable resources to be reclaimed and recycled, while toxic chemicals should be disposed of safely and legally.
How ITAM experts, Restore Technology, can help
By partnering with us, as a leading ITAM expert, you will find our responsive engineers, technicians and central services teams’ experience and expertise placed at your service to create a security-first roadmap for the entire lifecycle – or just one stage, as you choose – of your IT estate.
Backed by accreditations, and ongoing training and development, our colleagues are efficient and effective in working with your teams. They will suggest strategic increments that add up to long-term benefits, providing a solution that streamlines your operations, saves costs (and, dare we say, face), and, because we view ‘waste’ as a ‘resource’, it reduces environmental impacts.
And you will reap the rewards…
Adopt new technologies quickly enough and not only will your colleagues thank you for it, but the leveraging of the full potential of your IT assets alongside a rock-solid asset management programme will be a major factor in your business’ success. Partnering with Restore Technology will help you find a way to achieve this.
Find out more here: https://www.restore.co.uk/technology/services/it-asset-management/
