CMDB and Asset Management

OpenText Asset Management

Manage IT assets to reduce compliance risk and optimize IT costs

OpenText Asset Management dashboard on a computer

Overview

Effectively managing IT hardware, software, and SaaS assets is key to optimizing IT spend and reducing regulatory compliance violations, licensing issues, and security risks.

OpenText™ Asset Management delivers enterprise-ready IT hardware and software asset management. With this ITAM solution, you can assign costs, track financials, manage asset lifecycles, demonstrate contractual software compliance, manage vendors and contracts, see carbon impact, control CapEx/OpEx, and more—all via simple SaaS delivery.

Why OpenText Asset Management?

Spending smarter on IT hardware and software—a top priority of CIOs and VPs of infrastructure and operations—is easier with effective IT asset management throughout the entire asset lifecycle from procurement through disposal.

  • $1M+
    savings from software license reallocation
    Slash license fees and save big with software asset management.
  • 50%
    reduction in acquisition and divestiture assimilation processes
    Simplify—and accelerate—your IT asset management processes.
  • 70%
    reduction in license compliance violations
    Join the growing list of OpenText customers who report major drops in noncompliance issues.

Use cases

Managing CapEx, vendor contracts, and asset lifecycles while reducing the risk of over-deployed software causing a license compliance violation is the goal of IT asset management. See how OpenText Asset Management can help you succeed.

  • Gain complete visibility across hardware, software, and other assets by combining contract, procurement, vendor, budget information, and even carbon footprint in a central repository.

  • Reduce audit risk and increase asset value by tracking software and SaaS license usage to optimize allocation, consumption, and reclamation.

  • Ensure appropriate maintenance and SLA levels based on asset roles in your environment and eliminate spend on assets not in use.

  • Streamline management of your hardware assets across their lifecycle—reducing costs, optimizing ROI, and making better decisions about budget spend.

  • Discover network-connected hardware with OpenText™ Universal Discovery and CMDB, then track assets throughout their active lifecycle until disposal—reducing security risks and data breaches related to lost assets.

    Learn more

    Key features

    Service asset and configuration management

    Maintain accurate records of IT assets and their configurations, so all components are identified, tracked, and managed throughout their lifecycle.

    Software asset management

    Avoid software audit surprises and optimize license costs through detailed license consumption metrics determined by your agreements and contracts and informed through actual utilization.

    Hardware asset management

    Control the hardware that is being purchased, used, or replaced in your organization by managing the complete asset lifecycle, vendor contracts, and financials for maximum hardware use and value.

    Vendor and contract management

    Centralize the management of vendors and contracts, including support contracts, to maximize the value of your hardware and software while capitalizing on your vendor relationships and agreements.

    Procurement management

    Create vendor catalogs for approved purchase options and easily enter received assets into inventory, see stock on hand, or track against service tickets.

    Financial management

    Assign IT and enterprise assets to cost centers, track depreciation and forecast replacement costs, and map assets against allocated budgets for wiser financial decisions.

    How to buy

    OpenText Asset Management

    Assign costs, track financials, manage asset lifecycles, demonstrate software compliance to contracts, and manage vendors.

    Service asset and configuration management Information icon
    Vendor management Information icon
    Contract management Information icon
    Procurement management Information icon
    Financial management Information icon
    Idea and proposal management Information icon
    Application portfolio management Information icon
    Software asset management Information icon

    Off cloud Information icon
    Public cloud Information icon
    Private cloud Information icon

    Integrations

    Cisco Catalyst Center logoCisco Catalyst Center
    IBM License Metric Tool (ILMT) logoIBM License Metric Tool (ILMT)
    Microsoft logo Microsoft Intune
    Microsoft logoMicrosoft Configuration Manager
    Jamf logoJamf

    Accelerate the value of OpenText Asset Management

    Integrations

    Expand your security operations capabilities.

    • OpenText Universal Discovery and CMDB

      OpenText Universal Discovery and CMDB is a vendor-neutral IT discovery and enterprise CMDB software solution. It works seamlessly with IT tools and ITSM platforms already in place, making it easy to discover, map, and manage configuration items across hybrid, network, and multicloud environments.

      Deployment

      OpenText offers deployment choice and flexibility for OpenText Asset Management.

      Professional Services

      OpenText Professional Services combines end-to-end solution implementation with comprehensive technology services to help improve systems.

      Partners

      OpenText helps customers find the right solution, the right support, and the right outcome.

      Communities

      Explore our OpenText communities. Connect with individuals and companies to get insight and support. Get involved in the discussion.

      Premium Support

      Optimize the value of your OpenText solution with dedicated experts who provide mission-critical support for your complex IT environment.

      OpenText Asset Management resources

      OpenText Asset Management

      Read the product overview

      OpenText Asset Management

      Read the product overview
      • OpenText Asset Management allows you to manage compliance for any commercial software and provides out-of-the-box support for common software titles from Microsoft, Oracle, IBM, VMware, Adobe, Red Hat, Broadcom, and Autodesk. You can easily create your own software license consumption models too.

      • Yes, we currently provide SaaS integrations for Microsoft 365, Lucid, Salesforce Sales Cloud, Smartsheet, Asana, Webex, Jira, Zoom, and Wrike—and future releases will support additional SaaS products. Customers can also use our Integration Studio to add integrations based on their unique needs.

      • OpenText Asset Management is FedRAMP Authorized as part of the ITMX Platform, which also includes OpenText Service Management, OpenText Universal Discovery and CMDB, and OpenText™ Project and Portfolio Management.

      • OpenText Universal Discovery and CMDB can provide complete asset inventory scans for hardware and software in your IT estate. Other assets can be added via existing procurement processes or data repositories such as Microsoft System Center, Intune, Jamf, and BigFix.

      • Yes, it supports a variety of contract types, from license and purchase agreements to lease, maintenance warranty, and “master” agreements. It also supports relationships between contracts via parent-child relations.

      • Yes, customers can leverage built-in procurement capabilities to define order catalogs, track purchases, reconcile received items against purchase orders, and more. Customers can also integrate with their company's purchasing systems using the Integration Studio.

        Take the next step

        Ready to discover how OpenText Asset Management can help you reduce compliance risk and optimize IT costs?

        Contact us