|By Adrian Bridgwater||
|November 3, 2012 01:00 PM EDT||
IT Asset Management, or ITAM if you prefer, is the lost link to the cloud. There, now we've said it, do you feel better?
Before we can decide whether this is true, we need to understand what ITAM really is of course.
Sometimes called EAM (Enterprise Asset Management), the practice of asset management is quite a broad term used to describe the process of auditing and subsequently overseeing the total number of IT assets inside a company.
Encompassing hardware, but predominantly focused (these days) on software, asset management allows IT managers to improve cost control, perform maintenance scheduling, manage upgrades and look downstream towards decommissioning and replacement.
This last element of ITAM, i.e., ‘decommissioning and replacement' probably (more than any other aspect) comes from the traditional view of asset management where software, servers, desktops and mobile devices might be retired once they can be said to be obsolete.
From Retirement, to Upgrade
In the new service-based world of computing as typified by the cloud model we move to a point where retirement becomes a less tangible or visible process as services from our hosting provider of choice are simply upgraded. At the user end, there is often no visible difference (at either the datacenter or the desktop) apart from an improvement in performance.
But asset management goes beyond simple questions of system upgrade. With ITAM we are able to analyze the productive contribution made by every element of our IT stack to a higher-level business algorithm. Inside this calculation we can correlate and cross-correlate every IT asset against a financial model that encompasses contracts, profitability and trading figures right across the business.
...and Then Comes the Cloud
Analyst firm Gartner IT held its second Financial, Procurement & Asset Management Summit 2012 in London this October to discuss the impact of ITAM in light of the convergence of cloud, virtualization and bring your own device (BYOD) technologies.
So the connection starts to become clear. A migration to the cloud should be undertaken in order to improve computing flexibility and agility yes, but it should also be done with a view to optimizing costs and moving to a new virtualized computing framework where buying power is also improved.
Put simply, we have a new way of buying our IT assets in the form of services, so this means that we also have a new responsibility for managing those assets. In this scenario, we need ITAM to get us to the cloud, we need ITAM to manage us in the cloud and we need ITAM to keep us productively and profitably housed within the cloud as well.
What the Industry Says
Quoted on dedicated IT asset management website The ITAM Review, CTO and founder of iQuate Jason Keogh argues that asset management and the cloud must now focus on each other if we are to negotiate this missing stepping stone to virtual computing efficiency. Keogh describes ITAM and its place upon the stepping stones to cloud migration.
"A proper understanding of the risks and costs involved in moving expensive, datacenter and server [level] software into shared services and cloud-based infrastructures will save large enterprises millions of dollars, while reducing risk. If you don't agree strongly with that sentence, let me invert it for you: migrating expensive, server software to shared services and cloud-based infrastructure without a proper understanding of the risks involved will cost enterprises millions of dollars. Do you agree now?"
Cloud vendors and/or hosting providers largely concur and so advocate a diligent approach to asset management analysis to oversee (and help manage on an onward basis) the movement to a services-based computing structure.
"The ability to locate, audit, quantify and qualify the total scope of any firm's IT stack is a critical part of any progressive cloud adoption program," says Garry Prior, senior product manager at Rackspace.
"When firms have a clear understanding what it takes to transition their IT assets to the cloud and move to a utility billing model, there opens up a real opportunity to provision only the resources needed and avoid the future expense of depreciating or upgrading IT hardware. Adapting IT management for the cloud is central to our customers' deployments of virtualized hosted solutions and we welcome the burgeoning and strengthening of offerings in this sector."
Where Can I Buy Cloud ITAM?
Cloud ITAM offerings come in many shapes and sizes with Gartner defining many of these solutions as coming from the so-called ‘megavendors.' HP for its part offers HP Asset Manager software to automate best practices across the IT asset lifecycle and integrate with firms' IT processes.
According to the company's website, "With HP Asset Manager you can implement analytics to optimize the value of IT assets and services. You can improve audit compliance by controlling where assets are and who is using them throughout the life cycle. You can control purchasing and chargeback, and compare the performance of your vendors. HP Asset Manager provides IT service cost information along with the data and governance necessary for all your IT processes to function optimally."
Perhaps the fact that the aforementioned Gartner conference is now only in its second year should speak volumes to us in this space? The analyst firm doesn't need much encouragement to pump out its seemingly limitless market predictions. Equally, the firm can get a conference together to discuss emerging trends pretty fast - but we're only in year two!
We propose that ITAM is on the cloud radar and in direct view straight ahead.
• • •
This post first appeared on Enterprise CIO Forum.
Manufacturers are embracing the Industrial Internet the same way consumers are leveraging Fitbits – to improve overall health and wellness. Both can provide consistent measurement, visibility, and suggest performance improvements customized to help reach goals. Fitbit users can view real-time data and make adjustments to increase their activity. In his session at @ThingsExpo, Mark Bernardo Professional Services Leader, Americas, at GE Digital, discussed how leveraging the Industrial Internet a...
Jul. 29, 2016 03:15 PM EDT Reads: 598
On Dice.com, the number of job postings asking for skill in Amazon Web Services increased 76 percent between June 2015 and June 2016. Salesforce.com saw its own skill mentions increase 37 percent, while DevOps and Cloud rose 35 percent and 28 percent, respectively. Even as they expand their presence in the cloud, companies are also looking for tech professionals who can manage projects, crunch data, and figure out how to make systems run more autonomously. Mentions of ‘data science’ as a skill ...
Jul. 29, 2016 03:00 PM EDT Reads: 360
IoT generates lots of temporal data. But how do you unlock its value? You need to discover patterns that are repeatable in vast quantities of data, understand their meaning, and implement scalable monitoring across multiple data streams in order to monetize the discoveries and insights. Motif discovery and deep learning platforms are emerging to visualize sensor data, to search for patterns and to build application that can monitor real time streams efficiently. In his session at @ThingsExpo, ...
Jul. 29, 2016 02:00 PM EDT Reads: 1,200
"delaPlex is a software development company. We do team-based outsourcing development," explained Mark Rivers, COO and Co-founder of delaPlex Software, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
Jul. 29, 2016 01:00 PM EDT Reads: 2,090
ReadyTalk has expanded the capabilities of the FoxDen collaboration platform announced late last year to include FoxDen Connect, an in-room video collaboration experience that launches with a single touch. With FoxDen Connect, users can now not only engage in HD video conferencing between iOS and Android mobile devices or Chrome browsers, but also set up in-person meeting rooms for video interactions. A host’s mobile device automatically recognizes the presence of a meeting room via beacon tech...
Jul. 29, 2016 12:15 PM EDT Reads: 309
Amazon has gradually rolled out parts of its IoT offerings in the last year, but these are just the tip of the iceberg. In addition to optimizing their back-end AWS offerings, Amazon is laying the ground work to be a major force in IoT – especially in the connected home and office. Amazon is extending its reach by building on its dominant Cloud IoT platform, its Dash Button strategy, recently announced Replenishment Services, the Echo/Alexa voice recognition control platform, the 6-7 strategic...
Jul. 29, 2016 11:15 AM EDT Reads: 678
SYS-CON Events announced today that LeaseWeb USA, a cloud Infrastructure-as-a-Service (IaaS) provider, will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. LeaseWeb is one of the world's largest hosting brands. The company helps customers define, develop and deploy IT infrastructure tailored to their exact business needs, by combining various kinds cloud solutions.
Jul. 29, 2016 11:15 AM EDT Reads: 1,340
The cloud market growth today is largely in public clouds. While there is a lot of spend in IT departments in virtualization, these aren’t yet translating into a true “cloud” experience within the enterprise. What is stopping the growth of the “private cloud” market? In his general session at 18th Cloud Expo, Nara Rajagopalan, CEO of Accelerite, explored the challenges in deploying, managing, and getting adoption for a private cloud within an enterprise. What are the key differences between wh...
Jul. 29, 2016 09:45 AM EDT Reads: 2,135
For basic one-to-one voice or video calling solutions, WebRTC has proven to be a very powerful technology. Although WebRTC’s core functionality is to provide secure, real-time p2p media streaming, leveraging native platform features and server-side components brings up new communication capabilities for web and native mobile applications, allowing for advanced multi-user use cases such as video broadcasting, conferencing, and media recording.
Jul. 29, 2016 09:45 AM EDT Reads: 1,032
SYS-CON Events announced today that Venafi, the Immune System for the Internet™ and the leading provider of Next Generation Trust Protection, will exhibit at @DevOpsSummit at 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Venafi is the Immune System for the Internet™ that protects the foundation of all cybersecurity – cryptographic keys and digital certificates – so they can’t be misused by bad guys in attacks...
Jul. 29, 2016 09:45 AM EDT Reads: 1,474
There will be new vendors providing applications, middleware, and connected devices to support the thriving IoT ecosystem. This essentially means that electronic device manufacturers will also be in the software business. Many will be new to building embedded software or robust software. This creates an increased importance on software quality, particularly within the Industrial Internet of Things where business-critical applications are becoming dependent on products controlled by software. Qua...
Jul. 29, 2016 07:15 AM EDT Reads: 1,647
In addition to all the benefits, IoT is also bringing new kind of customer experience challenges - cars that unlock themselves, thermostats turning houses into saunas and baby video monitors broadcasting over the internet. This list can only increase because while IoT services should be intuitive and simple to use, the delivery ecosystem is a myriad of potential problems as IoT explodes complexity. So finding a performance issue is like finding the proverbial needle in the haystack.
Jul. 29, 2016 06:45 AM EDT Reads: 2,374
Machine Learning helps make complex systems more efficient. By applying advanced Machine Learning techniques such as Cognitive Fingerprinting, wind project operators can utilize these tools to learn from collected data, detect regular patterns, and optimize their own operations. In his session at 18th Cloud Expo, Stuart Gillen, Director of Business Development at SparkCognition, discussed how research has demonstrated the value of Machine Learning in delivering next generation analytics to imp...
Jul. 29, 2016 04:45 AM EDT Reads: 2,577
The 19th International Cloud Expo has announced that its Call for Papers is open. Cloud Expo, to be held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, brings together Cloud Computing, Big Data, Internet of Things, DevOps, Digital Transformation, Microservices and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding business opportuni...
Jul. 29, 2016 04:15 AM EDT Reads: 2,689
The Internet of Things will challenge the status quo of how IT and development organizations operate. Or will it? Certainly the fog layer of IoT requires special insights about data ontology, security and transactional integrity. But the developmental challenges are the same: People, Process and Platform. In his session at @ThingsExpo, Craig Sproule, CEO of Metavine, demonstrated how to move beyond today's coding paradigm and shared the must-have mindsets for removing complexity from the develo...
Jul. 29, 2016 02:45 AM EDT Reads: 1,625
SYS-CON Events announced today that MangoApps will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. MangoApps provides modern company intranets and team collaboration software, allowing workers to stay connected and productive from anywhere in the world and from any device.
Jul. 29, 2016 02:30 AM EDT Reads: 1,471
Large scale deployments present unique planning challenges, system commissioning hurdles between IT and OT and demand careful system hand-off orchestration. In his session at @ThingsExpo, Jeff Smith, Senior Director and a founding member of Incenergy, will discuss some of the key tactics to ensure delivery success based on his experience of the last two years deploying Industrial IoT systems across four continents.
Jul. 29, 2016 02:00 AM EDT Reads: 1,703
Basho Technologies has announced the latest release of Basho Riak TS, version 1.3. Riak TS is an enterprise-grade NoSQL database optimized for Internet of Things (IoT). The open source version enables developers to download the software for free and use it in production as well as make contributions to the code and develop applications around Riak TS. Enhancements to Riak TS make it quick, easy and cost-effective to spin up an instance to test new ideas and build IoT applications. In addition to...
Jul. 29, 2016 12:15 AM EDT Reads: 2,018
Identity is in everything and customers are looking to their providers to ensure the security of their identities, transactions and data. With the increased reliance on cloud-based services, service providers must build security and trust into their offerings, adding value to customers and improving the user experience. Making identity, security and privacy easy for customers provides a unique advantage over the competition.
Jul. 28, 2016 11:45 PM EDT Reads: 1,283
"We've discovered that after shows 80% if leads that people get, 80% of the conversations end up on the show floor, meaning people forget about it, people forget who they talk to, people forget that there are actual business opportunities to be had here so we try to help out and keep the conversations going," explained Jeff Mesnik, Founder and President of ContentMX, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
Jul. 28, 2016 10:15 PM EDT Reads: 1,456