What is IT Asset Discovery?

Gartner, Magic Quadrant for SaaS Management Platforms, Tom Cipolla, Yolanda Harris, Jaswant Kalay, Dan Wilson, Ron Blair, Lina Al Dana, 22 July 2024
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What is IT Asset Discovery?

IT Asset Discovery (ITAD) is essential to any IT manager’s or director’s toolkit. This critical process involves identifying and recording all hardware and software assets within an organization’s ecosystem—on the network, cloud, or endpoints. It also encompasses network and device discovery, utilizing IT asset scanning and endpoint discovery techniques to map your IT landscape accurately and holistically.

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But why is IT Asset Discovery so imperative to your role? With today’s swift evolution in tech, keeping track of all the dynamic assets in an extensive network can be daunting. Here’s where inventory management, asset tracking, and IT asset management materialize. These facets allow you to transcribe your hardware, software, and asset inventory into a more manageable format—an asset tracking or IT asset inventory system.

Asset Inventory and Mapping: Through network inventory procedures and asset tagging strategies, ITAD helps to maintain an up-to-date record of assets. But that’s not where it ends. Network mapping and IT asset mapping features within these systems provide a visual of your IT landscape, increasing network and IT asset visibility.

Network and IT Asset Audit: An efficient ITAD solution also provides comprehensive network and IT asset auditing capabilities, conducting regular check-ups to ensure asset compliance. This functionality is pivotal in configuring asset and IT asset monitoring settings for real-time updates and alerts.

Asset Security: From a security standpoint, employing ITAD goes beyond just tracking and auditing your assets. It plays a critical role in IT asset security, safeguarding against potential threats and vulnerabilities. It performs this role by integrating vulnerability assessment tools within its ecosystem and extending its reach to cloud asset discovery.

In a nutshell, IT Asset Discovery isn’t about merely cataloging your assets. It’s about achieving more efficient configuration management, better understanding your network’s strengths and weaknesses, and ensuring a constant state of preparedness for any cybersecurity threats that may come your way. It’s about gaining a clear overview of your IT landscape for more intelligent decision-making and strategic planning.

Examples of IT Asset Discovery (ITAD)

Healthcare Sector

A hospital with a globally spread infrastructure used advanced network scanning and device discovery tools for IT asset management. Their priority was guaranteeing network security and ensuring timely vulnerability assessment. Creating a hardware and software inventory, they proactively managed their assets and improved their configuration management processes. The hospital also used network mapping for a detailed view of assets and their interconnections, significantly streamlining asset monitoring and ensuring IT asset compliance.

E-Commerce Business

A leading e-commerce company’s implementation of IT Asset Discovery in its network auditing processes. Despite having a vast cloud-based infrastructure, the company needed adequate cloud asset discovery and endpoint discovery tools. They aimed to maintain uninterrupted service, spot unauthorized access, and track their assets in real-time. They adopted an intelligent solution that combined network inventory management, asset tracking, and security asset management. It allowed them to perform IT asset scanning and auditing, directing their focus towards proper IT asset security.

Real-World Example

In the context of IT Asset Discovery, one of the remarkable real-world examples that stands out is the Torii SaaS Management Platform used by an up-and-coming tech startup. Recognizing the challenge of shadow IT, the company used Torii to automate its SaaS operations and effectively manage IT asset inventory. Not only did they achieve IT asset visibility across their network, but they also reduced overall costs through SaaS license optimization. Features like asset tagging and IT asset tracking were used to attain comprehensive network visibility.

Best Practices for IT Asset Discovery (ITAD)

Implementing best practices for IT Asset Discovery involves a multifaceted approach in which significant aspects such as network scanning, inventory management, asset tracking, and device discovery are considered. The process commences with identifying all the assets within your IT ecosystem, including all hardware and software inventory. This necessitates using robust network inventory tools to conduct comprehensive network scanning and device discovery.

  1. Track Physical and Virtual Assets

Keeping an accurate and up-to-date record is crucial once all physical and virtual assets are enumerated. This task, asset inventory management, involves effectively organizing all identified assets. Endpoints, servers, data centers, and cloud assets should all be included in your cohesive inventory.

  1. Create Network and Asset Mapping

Equal attention should be paid to network mapping, which visually represents your organization’s network and its connected devices. This asset mapping includes understanding the relationship between different components and is crucial for facilitating asset monitoring and network visibility.

  1. Optimize with Asset Tagging

Another vital practice is asset tagging. You can optimize your asset tracking endeavors by assigning unique identifiers to each asset, enhancing your IT asset visibility. This process is integral to hardware and software inventory management, streamlining your ability to track the entire lifecycle of every asset.

  1. Use of Management Platform

Torii SaaS Management Platform is invaluable in this process, especially for cloud asset discovery. It allows for the discovery of Shadow IT and automated operations of SaaS applications, thus boosting your inventory management and asset-tracking efforts. Furthermore, it provides visibility over SaaS expenses, furthering your IT asset auditing capabilities.

  1. Monitor Network Health and Condition

Monitoring network assets’ health and condition is also crucial. Asset monitoring aids in quickly identifying any anomalies, further supplementing security asset management. This can include endpoint discovery and vulnerability assessment, helping maintain a secure and efficient IT landscape.

  1. Apply Configuration Management

Lastly, configuration management is indispensable for controlling changes and maintaining system integrity. It ensures the correct assets and services are provided and maintained while facilitating IT asset compliance.

In summary, IT Asset Discovery best practices involve a deliberate combination of network scanning, inventory management, asset tracking, and device discovery. By incorporating software like Torii, IT managers can enhance asset tagging, asset monitoring, and configuration management efforts, creating a robust, secure, and compliant IT environment.

Related Tools for IT Asset Discovery (ITAD)

  • Torii SaaS Management Platform
  • SysTrack IT Asset Management Software
  • Lansweeper Network Inventory Software
  • Snow License Manager Software Asset Management Tool
  • Flexera IT Asset Management Solution
  • Device42 IT Infrastructure Management Software
  • ServiceNow IT Asset Management Software
  • BMC Remedy Asset Management Asset Management Solution
  • Ivanti Asset Manager IT Asset Management Tool
  • SolarWinds SAM Software Asset Management Tool
  • IBM BigFix Inventory Endpoint Management Solution
  • Microsoft System Center Configuration Manager IT Asset Management Software
  • Ivanti Service Manager IT Service Management Software (with Asset Management)

Related Concepts in IT Asset Discovery (ITAD)

  • IT asset discovery: The process of identifying and locating all devices and software within a network
  • Network scanning: The technique of systematically analyzing a network to gather information about its devices, services, and vulnerabilities
  • Inventory management: Practice of keeping track of all hardware, software, and other IT assets within an organization
  • Asset tracking: Process of monitoring and recording the movement of IT assets throughout their lifecycle
  • Device discovery: Identification and recognition of devices connected to a network
  • Network Inventory: Comprehensive record of all devices, software, and configurations within a network
  • IT asset management: Practice of overseeing and optimizing the lifecycle of IT assets, including procurement, deployment, maintenance, and disposal
  • Network mapping: the visual representation of a network, including all devices, their connections, and their configurations
  • Asset inventory: a complete list of all IT assets, including hardware, software, and related details such as ownership and location
  • Hardware inventory: a detailed record of all physical IT equipment, including computers, servers, switches, and peripherals
  • Software inventory: a comprehensive list of all installed software applications and licenses within an organization
  • Network auditing: the assessment of a network’s infrastructure, security, and performance to ensure compliance and identify potential vulnerabilities
  • Asset tagging: the process of assigning unique identifiers, such as barcodes or RFID tags, to IT assets for easier tracking and management
  • Asset monitoring: the continuous and proactive surveillance of IT assets to detect any deviations from expected behavior or performance
  • Security asset management: the practice of protecting and securing IT assets against threats, vulnerabilities, and unauthorized access
  • Cloud asset discovery: the process of identifying and cataloging all cloud-based IT assets and services used within an organization
  • Endpoint discovery: the identification and enumeration of all endpoints, such as computers, laptops, and mobile devices, connected to a network
  • Vulnerability assessment: the process of identifying and evaluating weaknesses in IT systems and networks to prioritize security measures
  • Network visibility: the ability to observe and understand the activities, traffic, and performance of a network in real-time
  • Configuration management: the practice of systematically managing and maintaining the configurations of IT assets to ensure consistency and reliability
  • IT asset tracking: the continuous monitoring and recording of IT asset movements throughout their lifecycle for improved accountability and efficiency
  • IT asset auditing: the systematic examination and verification of IT assets to ensure accuracy, compliance, and adherence to policies and regulations
  • IT asset monitoring: the ongoing surveillance and measurement of IT assets to ensure optimal performance, security, and cost-effectiveness
  • IT asset visibility: the ability to accurately and efficiently observe, track, and manage all IT assets within an organization
  • IT asset mapping: the creation of visual representations, such as diagrams or charts, that illustrate the relationships and connections between IT assets
  • IT asset tagging: the process of labeling or marking IT assets with unique identifiers for easy identification, tracking, and management
  • IT asset security: the protection of IT assets from unauthorized access, data breaches, and other security threats
  • IT asset compliance: the adherence of IT assets to regulatory standards, industry best practices, and organizational policies.

FAQs: IT Asset Discovery (ITAD)

Q: What is IT asset discovery?

A: IT asset discovery refers to identifying and inventorying all the hardware and software assets within an organization’s IT infrastructure.

Q: Why is IT asset discovery important?

A: IT asset discovery is essential because it helps organizations gain visibility into their IT assets, ensuring better control, security, and management. It aids in detecting potential risks, optimizing resources, and improving decision-making.

Q: How does IT asset discovery work?

A: IT asset discovery works by scanning an organization’s network to identify and collect information about connected devices, configurations, software installations, and other relevant data.

Q: What are the benefits of IT asset discovery?

A: The benefits of IT asset discovery include improved cybersecurity, better regulatory compliance, optimized IT spending, enhanced asset lifecycle management, increased productivity, and practical software license management.

Q: What are the standard methods used for IT asset discovery?

A: Common methods used for IT asset discovery include network scanning, agent-based discovery, active directory integration, software asset management tools, and manual audits.

Q: What is network scanning in IT asset discovery?

A: Network scanning is a method used in IT asset discovery to scan a network and identify all its connected devices, allowing organizations to create an inventory of their IT assets.

Q: What is agent-based discovery in IT asset discovery?

A: Agent-based discovery involves deploying software agents onto devices in an organization’s network to collect information about the hardware and software assets present on those devices.

Q: How does active directory integration work in IT asset discovery?

A: Active directory integration in IT asset discovery involves leveraging an organization’s active directory infrastructure to gather information about the devices and software linked to the network.

Q: What are software asset management tools in IT asset discovery?

A: Software asset management tools are specialized software that automate the process of discovering and managing software assets within an organization’s IT infrastructure.

Q: What is a manual audit in IT asset discovery?

A: A manual audit in IT asset discovery involves physically inspecting IT assets, such as servers, computers, or mobile devices, to identify and record pertinent information.

Q: How can I implement IT asset discovery in my organization?

A: To implement IT asset discovery in an organization, you can follow these steps: identify your goals, choose the proper discovery method, select suitable tools, define data collection parameters, conduct regular scans, and create a centralized repository for asset information.

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