Discovering IT Assets After Mergers and Acquisitions
Table of Contents
- Frustration and Failure
- A Modern Approach to IT Asset Discovery
- A Shared Platform for Managing Shared Assets
Mergers and Acquisitions (M&A) are a common part of the business environment. They can be an effective means of growing your company’s products, services, customer base, and market footprint. Unfortunately, mergers and acquisitions can also be a real challenge for your IT staff. One of the common challenges companies face after an M&A is IT asset discovery
When two companies come together, they typically have two independent IT environments. Also, they often have those environments comprise different types of technology that are configured differently and used in different ways.
Integrating business processes across the two entities requires bringing the technology resources together. But in many cases, consolidating onto unified tools and platforms.
Frustration and Failure
Before you can merge and integrate IT systems after mergers and acquisitions, the first thing your IT staff will need to do is figure out what assets they must work with in each environment.
For most companies, that will involve teams from each entity manually compiling inventories and lists of assets in the form of spreadsheets. This is typically followed by a seemingly endless process of analysis and reviews by architects and IT management to try and assemble the big picture back together again.
After weeks of meeting, debates and frustration, many leaders will throw their hands in the air and give up – proclaiming “we’ll just operate the current systems as-is for now and address integration in the future.”
Most companies fail to recognize the full synergy value of mergers and acquisitions if IT systems can’t be effectively brought together. IT and business leaders want to integrate, but they lack the tools to manage complexities safely. The challenge lies in bringing environments together safely and effectively.
A Modern Approach to IT Asset Discovery
The underlying challenge with the traditional means of manual inventory and analysis of acquired assets is that the data set is too big. Further, the dependencies are too complex to effectively manage in spreadsheets and lists with rows of text data.
IT environments are multi-dimensional physical and virtual environments with a web of connective tissue (dependencies) that do more than connect components together, but also give each component context. Rows and columns of asset data fail to express the contextual richness that leaders need to make integration decisions.
With modern discovery and asset visualization capabilities, you can view your asset and configuration data in visual form. Thus seeing the dependencies and relationships that drive contextual understanding.
Many companies are leveraging these capabilities in the context of their IT Service Management (ITSM) processes today for things like assessing the impact of an incident, evaluating proposed changes and diagnosing the root cause of problems. These same capabilities can be used to aid in the acquisition integration challenge as well.
A Shared Platform for Managing Shared Assets
One of the biggest challenges of analyzing IT assets for integration is preventing premature co-mingling of data during the due-diligence period and before operational staff are ready to support the merged environments. You can navigate around this challenge by setting up an analysis platform that is shared between the two business entities without being embedded in the operational systems of either company.
This involves setting up a Configuration Management Database (CMDB) to collect, merge and reconcile the asset and configuration data and populating it from either existing CMDB databases or from each company’s discovery tools.
In addition to the CMDB, you will need asset management, data visualization and reporting capabilities to enable architects, analysts and management to organize, interpret and make decisions based on the shared data.
With the right set of modern tools, IT management won’t need to give-up in frustration – they will be able to make informed decisions that lead to the business synergies that company leaders and shareholders expect from a merger or acquisition.
Virima is the industry leader in IT discovery, IT asset management, and visualization capabilities for supporting both M&A scenarios and ongoing service operations.
The features of Virima can automatically discover and map your critical IT resources and the interconnections that link them to one another, your applications and services, and your users.
Virima is here to help. To get started, contact us today to schedule a demo and explore the possibilities!