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Trustworthy data as a guarantee of success in IT asset management

Reading time: 4 minutes

Just as a beautiful starry sky depends on a clear view and good weather conditions, the success of your global IT asset management (ITAM) is inextricably linked to maximum data quality. But is your data up to date? Many IT teams fear that their data might be the Achilles’ heel of their ITAM efforts. Let’s delve into how trustworthy data can unlock opportunities for decision-makers.

You can’t manage, what you can’t see.

Trusted data is the foundation for successful IT asset management. It is crucial to develop a robust method for capturing all IT asset data across your organization. Do you know if you have all the IT asset data you need and if it is reliable, up-to-date and standardized?

Understanding the origin and lineage of your data is crucial. However, assessing data quality goes beyond mere metrics and is an ongoing process. If you neglect this, your data library will turn into a confusing and inefficient data lake.

Start with a data strategy

IT executives and ITAM managers need solutions that cover the entire spectrum of IT assets, from on-premises to SaaS and cloud to physical devices. It also requires a clear strategy for data management. It is important that you only collect the data that is really relevant to the stakeholders’ questions. The more complex the data construct, the more risks can arise. Therefore, focus primarily on collecting the minimum data required for a complete picture of your IT environment.

Model for trustworthy data

Data

• complete

Information

• accurate
• available

Knowledge

• understood
• relevant

Turn data into knowledge

The ISO 19770 standard contains rules for the procurement and maintenance of raw data. These should be converted into usable findings. Start with raw data that comes from different sources. This data initially lacks context and structure, but processing it correctly will result in accurate and accessible information. Structuring this information will eventually lead you to knowledge – a clear understanding of the IT estate that is relevant to various stakeholders.

Data normalization

Filtering

Filters data to the optimal level without deleting relevant records

Standardization

Unbeatable & extensible out-ofbox, full coverage software catalog

Transparency

KPIs and metrics provide insight into each process step

Traceability

Drill down your results all the way to the original raw data

Scalability

Robust approach that adapts to your IT growth

Use of ITAM tools for data normalization

Modern IT landscapes require flexible solutions that are able to manage different environments. This is because IT asset managers have to handle, normalize and evaluate numerous data feeds. Normalization ensures the consistency and accuracy of data, which is essential for informed decision making. ITAM solutions such as Raynet One perform normalization with highly specialized rule sets and asset discovery libraries and support stakeholders in their responsibilities.

Conclusion: trustworthy data is indispensable

Inaccurate or incomplete data leads to poor decisions, increased risks and costs companies millions of euros. Investing in reliable data management not only reduces risks, but also enables better data governance. If you can’t manage what you can’t see, then you can’t control it.

IT asset managers play a critical role in driving the right data strategy. Therefore, a robust approach to capturing key IT asset data is a prerequisite for your long-term ITAM success.

Author:

Andreas Gieseke

Chief Technology & Product Officer • Managing Director

Further resources:

// Blog

Trustworthy data as a guarantee of success in IT asset management

Reading time: 4 minutes

Author: Andreas Gieseke

Just as a beautiful starry sky depends on a clear view and good weather conditions, the success of your global IT asset management (ITAM) is inextricably linked to maximum data quality. But is your data up to date? Many IT teams fear that their data might be the Achilles’ heel of their ITAM efforts. Let’s delve into how trustworthy data can unlock opportunities for decision-makers.

You can’t manage, what you can’t see.

Trusted data is the foundation for successful IT asset management. It is crucial to develop a robust method for capturing all IT asset data across your organization. Do you know if you have all the IT asset data you need and if it is reliable, up-to-date and standardized?

Understanding the origin and lineage of your data is crucial. However, assessing data quality goes beyond mere metrics and is an ongoing process. If you neglect this, your data library will turn into a confusing and inefficient data lake.

Start with a data strategy

IT executives and ITAM managers need solutions that cover the entire spectrum of IT assets, from on-premises to SaaS and cloud to physical devices. It also requires a clear strategy for data management. It is important that you only collect the data that is really relevant to the stakeholders’ questions. The more complex the data construct, the more risks can arise. Therefore, focus primarily on collecting the minimum data required for a complete picture of your IT environment.

// Whitepaper

Trustworthy data as a guarantee of success in IT asset management

Our new whitepaper is a guide for IT executives and ITAM managers who want to learn new best practices for data collection and how to best protect their organization.

Model for trustworthy data

Data

• complete

Informationen

• akkurat
• verfügbar

Wissen

• verstanden
• relevant

Turn data into knowledge

The ISO 19770 standard contains rules for the procurement and maintenance of raw data. These should be converted into usable findings. Start with raw data that comes from different sources. This data initially lacks context and structure, but processing it correctly will result in accurate and accessible information. Structuring this information will eventually lead you to knowledge – a clear understanding of the IT estate that is relevant to various stakeholders.

Data normalization

Filtering

Filters data to the optimal level without deleting relevant records

Standardization

Unbeatable & extensible out-ofbox, full coverage software catalog

Transparency

KPIs and metrics provide insight into each process step

Traceability

Drill down your results all the way to the original raw data

Scalability

Robust approach that adapts to your IT growth

Use of ITAM tools for data normalization

Modern IT landscapes require flexible solutions that are able to manage different environments. This is because IT asset managers have to handle, normalize and evaluate numerous data feeds. Normalization ensures the consistency and accuracy of data, which is essential for informed decision making. ITAM solutions such as Raynet One perform normalization with highly specialized rule sets and asset discovery libraries and support stakeholders in their responsibilities.

Conclusion: trustworthy data is indispensable

Inaccurate or incomplete data leads to poor decisions, increased risks and costs companies millions of euros. Investing in reliable data management not only reduces risks, but also enables better data governance. If you can’t manage what you can’t see, then you can’t control it.

IT asset managers play a critical role in driving the right data strategy. Therefore, a robust approach to capturing key IT asset data is a prerequisite for your long-term ITAM success.

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