IT asset management ensures that an organization's assets function optimally when they are needed the most. The practice is vital for higher education institutions, which must provide the right resources to students and staff for their success. 

LabStats provides real-time analytics to show how IT assets are deployed, maintained, upgraded, and disposed of. It tracks hardware and software resources across campus to ensure optimal usage. 

Why is IT Asset Management Important?

• Centralized Tracking 

Higher education institutions often face the challenge of unifying their tracking in a single place. Too often, IT assets are tracked by different people at different places. Without centralization of knowledge, there is a greater risk of inaccuracies. LabStats offers a single source of information to the entire organization. 

• Eliminate Resource Wastage

LabStats provides updated information that helps CIOs cut unnecessary purchases, reduce license and support costs, and optimize compliance and security across campus. 

• Optimized Productivity

As the world moves towards greater reliance on platform and infrastructure services, IT asset management enables IT asset managers to improve utilization on-demand. With improved visibility, control, and assignment, CIOs can reduce excess consumption, wait times, and intimate unnecessary costs. 

• Increased Efficiency

Higher education institutions must make strategic decisions based on tracking and control of IT assets to keep up with rapidly changing technology. With the right data and its democratization, teams can work with agility and predict the impact of changes before they happen. 

Want to know more about managing IT assets? Watch our webinar to learn the what, why, and how of IT asset management. 

Schedule a walkthrough or a free LabStats trial by calling +1-208-473-2222 or sending an email to support@labstats.com today.