Effectively managing IT hardware, software, and SaaS assets is key to optimizing IT spend and reducing regulatory compliance violations, licensing issues, and security risks.
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.
[OpenText] gave us the opportunity to consolidate asset management, so all our asset data was transferred into [OpenText™ Service Management Premium which includes OpenText Asset Management] which eases the overall process and is more cost-effective.
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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 moreMaintain accurate records of IT assets and their configurations, so all components are identified, tracked, and managed throughout their lifecycle.
Avoid software audit surprises and optimize license costs through detailed license consumption metrics determined by your agreements and contracts and informed through actual utilization.
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.
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.
Create vendor catalogs for approved purchase options and easily enter received assets into inventory, see stock on hand, or track against service tickets.
Assign IT and enterprise assets to cost centers, track depreciation and forecast replacement costs, and map assets against allocated budgets for wiser financial decisions.
OpenText Asset Management
Assign costs, track financials, manage asset lifecycles, demonstrate software compliance to contracts, and manage vendors.
Expand your security operations capabilities.
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.
OpenText offers deployment choice and flexibility for OpenText Asset Management.
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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.