ServiceNow IT Asset Management (ITAM) is a solution that helps organizations to manage their IT assets throughout their lifecycle, from procurement to retirement. It provides a centralized platform for tracking and managing hardware, software, and other IT assets.

Here are some key features and benefits of ServiceNow ITAM:

  1. Asset Inventory: ServiceNow ITAM provides a complete and accurate inventory of all IT assets, including hardware, software, and licenses. This helps IT teams to gain visibility into their IT infrastructure, and make informed decisions about asset procurement, deployment, and retirement.
  2. Asset Lifecycle Management: ServiceNow ITAM provides a structured process for managing assets throughout their lifecycle, from procurement to retirement. This helps IT teams to optimize asset usage, reduce costs, and minimize security risks.
  3. Procurement Management: ServiceNow ITAM provides a platform for managing the procurement of IT assets, including the creation of purchase orders, tracking of orders, and receiving of assets. This helps IT teams to manage the procurement process more efficiently and effectively.
  4. Software License Management: ServiceNow ITAM enables IT teams to track and manage software licenses, ensuring compliance with software vendors and avoiding over-licensing or under-licensing. This helps organizations to reduce software costs and minimize legal and financial risks.
  5. Asset Usage Monitoring: ServiceNow ITAM provides a platform for monitoring asset usage, enabling IT teams to identify and eliminate underutilized or unused assets. This helps organizations to optimize asset usage and reduce costs.
  6. Asset Health Monitoring: ServiceNow ITAM provides a platform for monitoring asset health, enabling IT teams to identify and resolve issues before they become critical. This helps organizations to improve service quality and reduce downtime.
  7. Reporting and Analytics: ServiceNow ITAM provides powerful reporting and analytics capabilities that help IT teams to gain insights into IT asset usage, procurement, and performance. This helps IT teams to make informed decisions and continuously improve asset management practices.

Overall, ServiceNow ITAM provides a comprehensive solution for managing IT assets throughout their lifecycle. Its powerful features and benefits help IT teams to improve asset visibility, optimize asset usage, reduce costs, and minimize security risks.


ServiceNow is a cloud-based platform that offers a suite of tools for enterprise service management, IT operations management, and business process automation. It allows organizations to streamline and automate their workflows, improve collaboration between teams, and deliver better services to their customers.

ServiceNow’s core capabilities include IT service management (ITSM), IT operations management (ITOM), and IT business management (ITBM). It also offers modules for customer service management (CSM), HR service delivery (HRSD), security operations (SecOps), and governance, risk, and compliance (GRC).

ServiceNow is used by a wide range of organizations, from small and medium-sized businesses to large enterprises, in industries such as healthcare, financial services, government, and manufacturing. The platform’s flexibility and scalability make it a popular choice for companies looking to improve their service management capabilities and automate their business processes.

Website: https://www.servicenow.com/

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