BMC IT asset management: Benefits, limitations, and alternative

Table of Contents

• Overview of BMC IT asset management software
• BMC IT asset management features
• Benefits of BMC IT asset management
• Limitations of BMC IT asset management
• Virima: A comprehensive ITAM solution
  • Automated discovery and inventory
  • Advanced service mapping with ViVID
  • Software license optimization
  • Integration with ITSM tools
  • Vulnerability management
  • Additional benefits
• Final thoughts: Choosing the right IT asset management tools

Choosing the right IT asset management tools is essential for optimizing operations. However, not all tools are equal. Many businesses value BMC IT asset management for its strong features, which simplify asset tracking and management tasks effectively. However, it’s not without its limitations. 

In this blog, we’ll explore the benefits of BMC IT asset management software and examine its challenges. We will also introduce you to smarter, more cost-effective alternatives. Let’s dive into what works, what doesn’t, and where better options might lie for your business!

Overview of BMC IT asset management software

BMC IT asset management offers a complete solution to manage assets throughout their lifecycle, from acquisition to disposal. It helps organizations track and further manage both hardware and software. 

Moreover, BMC IT asset management software simplifies processes for requisitions, receipt, deployment, and maintenance of assets. The platform also integrates with BMC’s Configuration Management Database (CMDB), improving data accuracy and accessibility. Altogether, this ensures efficient IT asset management throughout their lifecycle.

BMC IT asset management features

BMC IT asset management software offers several features to simplify asset tracking and management. Key functions include:

• Software license management: This feature helps avoid overspending and ensures compliance. It also tracks, discovers, and reallocates software licenses, linking them to license certificates for easy compliance.
• Contract management: This tracks the status of contracts, including software, leases, warranties, and maintenance agreements. Furthermore, it offers visibility into terms, payments, and renewals.
• Inventory management: This tracks individual items and bulk assets. It ensures that we account for and manage all assets effectively.
• Configuration management: It uses best practices to manage configuration items throughout their lifecycle, from procurement to retirement.

These features work together in a single platform, thus, reducing complexity and improving efficiency.

Benefits of BMC IT asset management

BMC IT asset management software offers key advantages to help businesses maximize their assets’ value:

• Lower TCO: By managing IT assets effectively, businesses can minimize ownership costs and optimize technology investments.
• Cost efficiency: Tracking asset lifecycles helps reduce unnecessary purchases, improve contract management, and also lower costs.
• Improved ROI: Accurate asset tracking ensures efficient use of resources, leading to a better return on investment.
• Compliance and risk management: The platform aligns asset management with industry standards and regulations, henceforth, reducing compliance risks.
• Better decision-making: Real-time, accurate asset data helps businesses make better decisions on procurement, deployment, and decommissioning.
• Operational efficiency: Automated workflows and mobile capabilities simplify asset management tasks, reducing manual effort and errors.

Overall, BMC IT asset management enables businesses to control assets, make better decisions, and improve operations as well.

Limitations of BMC IT asset management

When evaluating BMC IT asset management, consider these key limitations based on user reviews on G2 and Capterra.

1. Unstable performance: Users frequently experience downtime, which affects the system’s reliability and accessibility.
2. Complex customization and job tracking: Customizing the system is challenging. Furthermore, tracking jobs requires opening multiple windows without a central dashboard, making it harder to monitor.
3. Hard-to-find user logs and activities: Locating user logs and activities is difficult, which slows down troubleshooting.
4. Cluttered interface: The interface is not user-friendly. Users often struggle to find the information they need.
5. High cost: BMC IT asset management offers advanced features. Yet, its high price can limit access, especially for smaller businesses.
6. Lengthy implementation: Setting up the system is complex and time-consuming. The integration process further requires significant effort, delaying ROI.
7. No bi-directional ITSM integrations: The lack of bi-directional integration with other ITSM tools limits data sharing. It also reduces IT service management efficiency.
8. No visual insights: The platform does not provide visual insights into asset data, further making decision-making slower.

BMC IT asset management software excels in asset management. However, it requires more manual effort and lacks real-time updates. Alternatives like Virima offer better automation and more insightful data.

Virima: A comprehensive ITAM solution

Virima provides a complete IT asset management solution that overcomes the limitations of tools like BMC. Here are key features that make Virima stand out:

Automated discovery and inventory

• Agentless and agent-based discovery: Virima automatically detects and tracks all IT assets. It includes hardware, software, as well as cloud resources.
• Near real-time inventory: Keep asset data up-to-date in near real-time for accurate decision-making.

Advanced service mapping with ViVID

• Visualize your IT infrastructure: Virima’s service mapping and ViVID (Virima Visual Impact Display) overlays offer a visual view of your IT environment, showing dependencies and risks.
• Data-driven insights: Gain insights into your infrastructure’s health, thus, allowing for proactive maintenance and troubleshooting.

Software license optimization

• Track software usage: Virima tracks software usage, further helping identify unused licenses to optimize your portfolio.
• Avoid compliance risks: Stay compliant with software vendor agreements and also to avoid legal issues.

Integration with ITSM tools

• Seamless integration: Virima integrates with ITSM tools like ServiceNow, Ivanti, Jira, and others to create a unified IT environment.
• Improved collaboration: Integration fosters teamwork between IT teams, improving workflows and boosting efficiency.

Vulnerability management

• Proactive security: Virima identifies security vulnerabilities, further enabling proactive measures to protect your IT infrastructure.

Additional benefits

• User-friendly interface: Virima’s easy interface simplifies IT asset management.
• Scalability: Virima adapts to organizations of all sizes, from small businesses to large enterprises.
• Flexibility: Customize Virima to meet your specific needs.
• Cost-effective: Virima helps reduce unnecessary IT spending by optimizing licenses and hardware purchases.

By using Virima’s advanced features, you can better understand your IT assets, streamline operations, and boost efficiency.

Final thoughts: Choosing the right IT asset management tools

Choosing the right IT asset management tools is essential for improving your IT operations. Both Virima and BMC offer unique benefits. Despite BMC providing strong features, Virima stands out with its cost-effective, scalable solutions and easy integration.

Virima’s ViVID feature provides near-real-time insights for smarter decision-making. Additionally, with its intuitive interface, Virima further makes asset management simpler. Altogether, this combination makes it an excellent choice for organizations aiming to optimize their IT environments.

For great value and powerful functionality, Virima is the ideal choice. Explore how Virima can streamline your operations and enhance your IT asset management today!