XSi Q3 Newsletter: Hardware Asset Management Trends & Best Practices

Last week, we emailed our helpful Q3 newsletter to clients, as well as contacts that have expressed interest in hardware asset management, lifecycle management and independent hardware maintenance solutions as a means to proactively reduce hardware Operating Expenses.

If you didn’t receive an email from us, Click Here to read our newsletter now.

Additionally, if you would like to sign up for our quarterly newsletter to ensure you see our important updates and news, please Click Here to register. You can simply unsubscribe at any time.

Hardware Asset Management, while not as attention-getting as Software Asset Management, has become a rapidly growing subject of interest in the last 14 years. But, has been a part of the conversation for as long as IT asset managers have tried to impact Total Cost of Ownership (TCO) or strategically chosen to extend hardware lifecycles for a myriad of logical business reasons. Because hardware costs on average make up 15-20% of the typical company’s total annual IT budget (data per Gartner), we maintain that the subjects surrounding Hardware Asset Management should NOT play second or third fiddle to SAM subjects or general ITAM discussions, but is equally deserving of the spotlight.

If you agree, we suggest:

  1. Subscribing to our quarterly newsletter,
  2. Directly asking industry analyst organizations (Gartner, IDC, Forrester) to improve their coverage of Hardware Asset Management and
  3. Begin to familiarize your peers with the inherent value of Hardware Asset Management – especially its potential for financial impact during difficult budget planning/economic periods.

What is Hardware Asset Management? An important component of IT Asset Management (ITAM) practices, we recommend this article from the ITAMReview:

The Importance of Effective HAM (Hardware Asset Management)

Be sure to click the article name above to open the article in your browser.

Independent Hardware Maintenance (too often referred to as Third Party Maintenance) plays an integral role to your larger IT Asset Management strategy. We can help you better understand why and how.

XSi Assistance

Are you ready to learn more or engage us directly for a constructive and helpful dialogue? If so, Click Here.

About The Author

Todd founded XS International in 1990, helping to build an independent IT support organization led by pioneering executives with proven tenures at Cisco Systems and Juniper Networks. He holds a board of director positions with the world’s two most prominent associations for independent IT support providers – Service Industry Association (SIA) and ASCDI (hardware resellers). He was a founding member of the Digital Right to Repair Coalition (now known as Repair.org, and continues to serve on their Board of Directors. As a hobby, he also co-founded VinoApp, specifically for Argentine wines. Very much a serial entrepreneur, Todd earned his Bachelor’s in Finance from Ohio State University and later completed a three-year Entrepreneurial Masters Program, given by the Entrepreneurs’ Organization & MIT Enterprise Forum. He now resides in the greater Dallas area with his family.

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