IT belongings are software program, {hardware} or cloud sources that assist companies run their operations. Managing these belongings effectively is essential for optimizing productiveness, decreasing prices and making certain compliance with numerous laws. Luckily, there are IT asset administration options out there for that.
IT asset administration software program supplies a unified snapshot of IT belongings for higher visibility, threat discount and environment friendly and strategic IT spending. Should you’re looking out for an ITAM resolution, listed here are the perfect choices in 2023.
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IT asset administration software program comparability
Software program | Automated asset discovery | Contract administration | Barcode and QR code asset tagging | Deployment choices | Pricing |
---|---|---|---|---|---|
Asset Panda | Sure | Sure | Sure | Cloud | Contact the seller for a quote |
SysAid | Sure | Sure | Sure | Cloud or On-premises | Contact the seller for a quote |
Freshservice | Sure | Sure | No | Cloud | Begins at $19 per agent per 30 days |
UpKeep | Sure | Sure | Sure | Cloud | Begins at $45 per 30 days per person |
ManageEngine AssetExplorer | Sure | Sure | No | Cloud and On-premises | Contact the seller for a quote |
ManageEngine AssetExplorer | Sure | Sure | Sure | Cloud | Contact the seller for a quote |
GoCodes | Sure | Sure | Sure | Cloud | Begins at $500 per yr for 200 amount belongings and three customers. |
Ivanti Neurons | Sure | Sure | Sure | Cloud | Contact the seller for a quote |
Asset Panda: Finest for permitting limitless customers
Asset Panda is an asset administration software that may observe something, together with IT belongings. Asset Panda takes a versatile strategy to asset administration, enabling groups to custom-tailor the platform to suit their particular wants (Determine A). Asset Panda additionally supplies entry to limitless customers. Anybody who should observe IT belongings has the power to take action in a single centralized location.
Determine A

Pricing
Contact the seller for a quote.
Key Options
- Simple-to-use interface for centralized IT asset administration.
- Cellular app for monitoring and updating IT asset information from any cell gadget.
- Notifications and alerts for required repairs and different occasions.
- Upkeep monitoring capabilities from request to achievement.
- Barcode and QR Code Scanning.
Execs
- Cellular accessibility.
- Limitless customers.
- Simple onboarding of belongings and groups.
- Demo is accessible on the positioning for a simple understanding of how the software works.
- Helps limitless customers.
Cons
- The cell app has restricted performance in comparison with the net platform.
- Inadequate pricing data.
SysAid: Finest for ticket automation
SysAid is a supplier that gives every part from a strong IT service desk to full IT asset administration. SysAid’s asset administration instruments are constructed to suit proper into any service desk to spice up effectivity and enhance visibility.
For instance, IT groups can profit from stock administration, together with assist for {hardware} and software program belongings. Different notable options embrace the power to arrange {custom} monitoring and obtain real-time alerts (Determine B).
Determine B

Pricing
Contact the seller for pricing.
Key Options
- Full IT asset administration for bodily and digital belongings.
- Automated IT subject identification with real-time alerts and notifications.
- A whole lot of app and software program integrations.
- Simplified stock growth by means of configuration administration database capabilities.
Execs
- Monitor and get real-time alerts.
- Granular stage alerting for adjustments in CPU, community gear, reminiscence utilization and extra.
- Robotically imports information into configuration administration database.
- Automates IT Difficulty Identification.
Cons
- Requires private data to get pricing data.
- The UI may be improved.
Freshservice: Finest for clever alerting system
Freshservice by Freshworks is a full-service suite of IT asset administration instruments. An indicator characteristic of Freshservice is the platform’s automated discovery capabilities. Utilizing the software’s Discovery Probe, IT groups can shortly scan all IT belongings in real-time to replace asset information (Determine C). These discovery options work with all kinds of belongings, from {hardware} to digital machines.
Determine C

Freshservice additionally affords options akin to relationship mapping, full asset life cycle administration, contract administration and built-in software-as-a-service administration.
Pricing
Freshwork’s IT administration pricing is captured below its Freshservice and comes with a 14-day free trial throughout all costs. Pricing is categorized into 4 ranges:
- Starter: Begins at $19 per agent per 30 days.
- Development: Begins at $49 per agent per 30 days.
- Professional: Begins at $98 per agent per 30 days.
- Enterprise: Begins at $119 per agent per 30 days.
Key Options
- Automated discovery capabilities for monitoring and analyzing all IT belongings
- A whole lot of app integrations, together with Jamf, VMware and extra
- SaaS administration for automating actions throughout SaaS platforms
- Asset administration instruments from deployment to retirement
- License administration functionality.
- Integration with generative AI.
Execs
- Helps clever alert administration guidelines.
- Cellular accessibility.
- Affords free trial.
- Constructed-in ticketing system to trace IT assist and repair requests
Cons
- Pricing may very well be pricey for small companies.
- Some customers complain that the UI shouldn’t be intuitive sufficient.
SEE: Freshservice can also be thought-about a high undertaking administration ticketing system.
UpKeep: Finest for operations workforce
UpKeep is totally different from the opposite platforms on this checklist in that it combines computerized upkeep administration system, enterprise asset administration and utility efficiency administration capabilities into one resolution. By way of UpKeep’s Asset Operations Administration Platform, groups can monitor asset upkeep, handle belongings all through their life cycles and enhance asset efficiency (Determine D).
Determine D

UpKeep’s distinctive capabilities make the platform an incredible alternative for IT groups in technical industries akin to manufacturing, authorities, fleet administration and utilities. Plus, UpKeep is a mobile-first platform, enabling groups to trace and handle their belongings from wherever.
Pricing
UpKeep affords three pricing plans with a 14-day free trial.
- Starter: Begins at $45 per 30 days per person.
- Skilled: Begins at $75 per 30 days per person.
- Enterprise Plus: Contact the seller for a quote.
Key Options
- Centralized platform for CMMS, EAM and APM wants
- Enterprise intelligence dashboard for monitoring prices and different asset information
- Web of Issues wi-fi sensor capabilities by means of UpKeep Edge
- App integrations to centralize the whole tech stack
- Constructed-in reporting and analytics.
Execs
- Affords a free trial.
- Helps preventive upkeep.
- Good studying curve and correct documentation.
- Availability of demo.
- Cellular accessibility.
- Affords a studying heart for straightforward studying.
Cons
- Asset Downtime Monitoring is just out there on the Enterprise Plus plan.
- Pricing will not be appropriate for small organizations.
- Customized Dashboard assist is just out there on the Enterprise Plus plan.
ManageEngine AssetExplorer: Finest for IT asset life cycle administration
ManageEngine’s AssetExplorer is a web-based, end-to-end asset administration software. AssetExplorer allows groups to handle IT belongings, together with {hardware} and software program, from deployment to retirement.
A key characteristic of AssetExplorer is the built-in software program license administration instruments. Groups can handle all kinds of licenses, together with particular person licenses, unique gear producer licenses and enterprise licenses (Determine E). In consequence, IT groups can guarantee license compliance.
Determine E

Different capabilities embrace IT asset stock administration, software program asset administration, CMDB and buy order administration. AssetExplorer is totally different from different choices on this checklist, because the platform affords a free version that can be utilized by groups with fewer belongings.
Pricing
Though no particular pricing is supplied on the seller’s web site, AssetExplorer is accessible in three editions.
- Free: This can be a free version of the software program that’s restricted to 25 nodes.
- Trial: This version comes with all performance however is just legitimate for the trial interval.
- Skilled: This model of the license is legitimate till the license expires.
Key Options
- Full IT asset administration capabilities, together with life cycle and stock administration
- Centralized repository of all configuration objects by way of CMDB capabilities
- Constructed-in studies and customised reporting capabilities
- Cellular capabilities for managing belongings on-the-go
- Auto-discovery capabilities
- Free model out there.
Execs
- Cross-platform compatibility – Home windows, Linux and macOS belongings.
- Helps software program license compliance.
- Helps Buy Orders and Contracts monitoring.
- IT Asset lifecycle administration.
- Helps cell apps for each iOS and Android.
Cons
- Poor person interface.
- Lacks sufficient license data.
ServiceNow: Finest for automating software program licensing
ServiceNow is a platform utilized by IT groups to attach all IT workflows, from service administration to portfolio administration. ServiceNow’s IT Asset Administration resolution allows IT groups to automate the life cycle of software program, {hardware} and cloud-based belongings. Constructed-in capabilities embrace every part from {hardware} asset administration to IT asset offboarding and past.
These capabilities are constructed on ServiceNow’s Now Platform, which allows IT groups to make use of one centralized supply for all belongings. Plus, groups can automate their asset administration workflows utilizing built-in, no-code playbooks.
ServiceNow integrates with a variety of different apps and companies to assist IT groups enhance effectivity. Examples of present integrations embrace Jamf, Microsoft and IBM.
Determine F

Pricing
Contact the seller for a quote.
Key Options
- Full IT asset administration, together with {hardware} administration and software program administration
- Cloud-based asset administration capabilities
- {Hardware}-specific options, together with asset stock audit capabilities and a hardware-specific dashboard
- SaaS license administration, together with a SaaS-specific dashboard and software program spend detection capabilities
- Asset onboarding and offboarding capabilities
Execs
- Workflow automation.
- Single information mannequin that removes IT data silos.
- Simple studying curve.
- Danger scoring performance to know the belongings in danger and to what diploma.
Cons
- No pricing particulars.
- Absence of free trial.
SEE: Discover how ServiceNow compares to Jira Service Administration.
GoCodes: Finest for {hardware} monitoring
GoCodes’ asset monitoring resolution supplies {custom} QR code monitoring for every part from desktop computer systems to routers and past. Groups can use the cell scanning app to finish asset-specific duties from wherever (Determine G).
Determine G

GoCodes additionally options sturdy reporting and analytics instruments so groups can see in-depth information about their belongings in real-time. Customers can make the most of the built-in check-in/check-out resolution to examine IT gear out when essential to simplify collaboration and monitoring.
Pricing
GoCodes affords a five-level pricing tier with a 15-day free trial:
- Commonplace: Begins at $500 per yr for 200 amount belongings and three customers.
- Premium: Begins at $1,000 per yr for 500 amount belongings and 5 customers.
- Premium Elite: Begins at $1,750 per yr for 1,000 amount belongings and 10 customers.
- Skilled: Begins at $2500 per yr for two,000 amount belongings and 20 customers.
- Enterprise: Helps over 2,000 belongings and greater than 20 customers. Requires you to contact the seller for a quote.
Key Options
- Customized QR code labels and computerized GPS monitoring.
- Totally personalized reporting and analytics.
- Stock administration instruments.
- Audit historical past logging.
- Asset upkeep monitoring.
- Cellular asset monitoring capabilities, together with cell scanning.
Execs
- Affords Patented QR code.
- It could run on-line or offline.
- Helps reside monitoring with Bluetooth.
- Customizable report.
- Availability of cell app.
Cons
- Restricted automation.
- Poor person interface.
Ivanti Neurons: Finest for automated asset discovery
Ivanti is a full-service IT asset administration platform providing options for locating, managing, securing and servicing all IT units. Ivanti Neurons for ITAM is an answer that allows IT groups to trace {hardware} and software program in addition to on-premises and cloud-based units utilizing a centralized database (Determine H).
Determine H

The answer additionally options real-time discovery, life cycle monitoring, barcode scanning and extra. Plus, groups have entry to extra sturdy instruments akin to vendor administration and automation.
Key Options
- Asset repository for monitoring asset information.
- Cellular capabilities akin to barcode scanning and distant asset administration by way of the cell app.
- Life cycle monitoring from preliminary procurement to last retirement.
- Contract and vendor administration instruments.
Execs
- Actual-time asset discovery.
- Automated reconciliation and normalization of asset repositories.
- Availability by way of a cell app.
- Value and contract visibility.
- Barcode scanning assist.
Cons
- Software program License Administration may be complicated.
- There isn’t any pricing data.
Key options of IT asset administration software program
Asset monitoring
Whereas asset monitoring and asset administration are sometimes used interchangeably, asset monitoring is barely totally different. Asset monitoring sometimes refers back to the monitoring of bodily belongings akin to computer systems and Web of Issues units utilizing barcodes, RFID tags or GPS. Nonetheless, many ITAM platforms will allow IT groups to trace software program belongings too.
Actual-time monitoring
Actual-time monitoring of belongings ensures IT groups can hold a relentless eye on all bodily and digital belongings. For instance, IT groups can see which belongings are in want of restore and which of them are being utilized or underutilized at any given second.
Actual-time monitoring may even assist groups mitigate potential safety dangers quick, and groups can use monitoring instruments to trace misplaced or stolen units to help within the restoration course of.
SEE: Discover ways to cut back prices and threat with IT asset administration programs.
Actual-time monitoring can also be a essential characteristic for in the present day’s distant workforce. Some IT asset administration platforms supply cell capabilities, so groups can keep linked to their belongings from wherever.
Life cycle administration
Managing an asset’s life cycle from deployment to retirement is an advanced course of. Nonetheless, it’s essential for making certain belongings are correctly up to date and maintained. IT asset administration software program will embrace instruments for each step of the asset life cycle. Higher but, life cycle administration is automated by the software program, eradicating the tedious course of from the IT workforce’s plate.
Alerts and notifications
IT asset administration software program has the power to alert IT workers when points happen inside {hardware} or software program. For instance, IT workers can obtain notifications when potential safety threats are detected or when a pc goes offline.
As a result of real-time monitoring and AI capabilities of contemporary platforms, IT workers may even obtain notifications when the system detects points that will result in future upkeep wants. For instance, they are often alerted if the system detects a pc that’s lagging or elevated community visitors.
Integrations
IT groups use a ton of tech instruments every day. IT asset administration software program integrates with these instruments seamlessly to supply a centralized view of all belongings, each bodily and digital. As such, the asset administration software program chosen ought to combine with the corporate’s IT assist desk or ticketing software program.
Reporting
Whereas many IT asset administration platforms embrace sturdy, real-time analytics dashboards, studies are nonetheless vital for numerous duties, from taking stock to budgeting. IT asset administration platforms sometimes include built-in studies groups can pull that dive into every part from asset utilization to worker productiveness. Many of those instruments will supply report customization instruments so IT groups can create studies utilizing the knowledge they want.
How do I select the perfect IT Belongings Administration Software program for my Enterprise?
Numerous elements come to thoughts when contemplating the perfect IT belongings administration resolution for your online business. Begin by understanding your group’s particular wants and targets for IT asset administration, contemplating elements like the dimensions of your group, the kinds of belongings it is advisable to handle and any compliance necessities that will apply.
- Options and performance: Key options to search for embrace asset discovery and stock administration, license administration and compliance monitoring, integration with different IT programs, reporting and analytics, and cell entry for on-the-go monitoring.
- Safety and compliance: Test for security measures, like encryption, entry controls and audit trails; compliance with related business laws and requirements; and information privateness options, akin to information anonymization and consent administration.
- Ease of use: Test the person interface for intuitiveness, user-friendliness and customizability, and consider the supply of onboarding and coaching sources, akin to guides and documentation that simplify the method, supplied by the seller.
Methodology
On this assessment, we carried out in depth analysis on the best-performing ITAM resolution out there and narrowed our checklist to those eight primarily based on some parameters: options and functionalities, ease of use, recognition within the ITAM market, and value.
We learn by means of the documentation supplied by every vendor to find out about their options and gathered the opinions of customers on every resolution from dependable assessment web sites. This strategy helped us type a balanced illustration of every software program on this assessment.
Learn subsequent: If IT asset administration isn’t fairly what you’re searching for, take a look at these different kinds of IT administration software program.