Streamlining IT Asset Management with Virima and ServiceNow
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Streamlining IT Asset Management with Virima and ServiceNow

ByTeam Virima

Table of Contents

In today’s digital era, where technology is an integral part of every organization’s operations, the need for effective IT asset management solutions has become paramount indeed. According to Gartner’s latest releases, global IT expenditures are anticipated to amount to $4.5 trillion in 2022, significantly reflecting a 5.5% rise from 2021, with a considerable share dedicated to IT asset management efforts. Moreover, modern organizations heavily rely on a wide array of digital assets, including hardware, software, and data, to drive productivity, enhance efficiency, and thus gain a competitive edge. 

However, managing these assets efficiently and simultaneously ensuring their optimal utilization can be a complex and undoubtedly challenging task. This is where Virima’s IT asset management solutions come into play, providing organizations with the necessary tools and processes to eventually track, control, and optimize their IT assets throughout their lifecycle. These efforts undeniably lead to improved cost savings, compliance, risk management, and overall organizational success. In this article, you will learn more about the benefits of streamlining IT asset management with Virima and ServiceNow®. It also chiefly explains why Virima is the best choice for all the ITAM and ServiceNow functionalities. 

So, without wasting any time, start reading this article to benefit from your ITAM needs.

The need for IT asset management

IT Asset Management is a set of business practices that combines financial, inventory, contractual, and risk management responsibilities to manage the lifecycle of IT assets. Moreover, it involves the identification, tracking, and management of an organization’s IT assets to ensure they are utilized efficiently and effectively. Additionally, ITAM helps organizations make informed decisions about their IT investments, reduce risks, and maximize the value of their assets.

Virima: A comprehensive ITAM solution

Virima is a comprehensive ITAM solution designed to help organizations effectively manage their IT assets. Firstly, with its robust features and intuitive interface, Virima has become a popular choice for businesses looking to streamline their ITAM processes. Here are some of the reasons why organizations should consider Virima for their ITAM needs:

Full-lifecycle asset management

To begin with, Virima offers full-lifecycle asset management, covering every stage of an IT asset’s life, from procurement to disposal. As a result, this ensures that organizations have complete visibility into their IT assets and can make informed decisions about their IT infrastructure. Moreover, Virima’s full-lifecycle asset management helps organizations optimize asset utilization, minimize risks, and reduce costs.

Holistic IT asset inventory view

Furthermore, Virima provides a holistic view of an organization’s IT asset inventory, making it easy to track, monitor, and maintain assets. In addition, this comprehensive view enables organizations to identify and address potential issues before they become critical problems. With this in mind, with Virima’s holistic IT asset inventory view, organizations can ensure that their IT assets are always up-to-date and functioning optimally.

Automated discovery and inventory

Equally important, Virima’s automated discovery and inventory capabilities help organizations quickly and accurately identify all IT assets across their network. Consequently, this eliminates the need for manual data entry and reduces the risk of errors. Therefore, with Virima’s automated discovery and inventory, organizations can be confident that their IT asset information is always accurate and up-to-date.

Software license management

By all means, managing software licenses is a critical aspect of ITAM, as it ensures that organizations remain compliant with software licensing agreements and avoid costly penalties. For this reason, Virima’s software license management features enable organizations to track and manage their software licenses, ensuring that they are always compliant and making the most of their software investments.

Integration with IT Service Management (ITSM)

Additionally, Virima seamlessly integrates with IT Service Management (ITSM) solutions, enabling organizations to streamline their ITAM and ITSM processes. As a consequence, this integration helps organizations improve their overall IT service delivery and ensure that their IT assets are always aligned with their business needs.

Customizable dashboards and reports

Another key point is that Virima’s customizable dashboards and reports make it easy for organizations to monitor and analyze their IT asset data. Users can create custom dashboards and reports to suit their specific needs, ensuring that they have access to the information they need to make informed decisions about their IT assets.

Scalability

Likewise, Virima is a scalable ITAM solution that can grow with an organization’s needs. In other words, as organizations expand and their IT asset inventory increases, Virima can easily adapt to accommodate the additional assets and complexity. This ensures that organizations can continue to effectively manage their IT assets, regardless of their size or complexity.

ServiceNow: A platform for IT service management and ITAM

ServiceNow is a leading platform for IT Service Management (ITSM) and IT Asset Management (ITAM), offering a wide range of capabilities to streamline and optimize enterprise IT processes. As a result, organizations strive to improve their IT services and manage their assets more efficiently. Consequently, ServiceNow has emerged as a go-to solution for managing and securing complex IT services. In this section, we will first explore the various features and benefits of ServiceNow, particularly in the context of its integration with Virima Discovery and Service Mapping.

IT service management with ServiceNow

To begin with, ITSM is a critical component of modern enterprise IT operations, encompassing the design, delivery, and management of IT services. Moreover, ServiceNow’s ITSM suite offers a comprehensive set of tools and applications to manage IT services, from incident and problem management to change and release management. Furthermore, with its robust capabilities and intuitive interface, ServiceNow enables organizations to manage their IT services more effectively, reducing downtime, improving service quality, and increasing overall IT efficiency.

One of the key advantages of ServiceNow is its ability to integrate with other IT management solutions, such as Virima Discovery and Service Mapping. In fact, this integration accelerates the time to value of the ServiceNow CMDB (Configuration Management Database) and offers tremendous cost savings. For instance, Discovery maintains your ServiceNow CMDB with the most complete data, while ViVID™ Service Mapping eliminates the guesswork of managing and securing complex IT services. Ultimately, this powerful combination ensures that your organization has the most accurate and up-to-date information about your IT assets and services, enabling you to make better-informed decisions and optimize your IT operations.

IT asset management with ServiceNow

On the other hand, ITAM is another critical aspect of enterprise IT management, focusing on the tracking, monitoring, and optimization of IT assets throughout their lifecycle. In addition, ServiceNow’s ITAM suite provides a comprehensive set of tools and applications to manage your IT assets, from procurement and inventory management to license compliance and disposal. By doing so, ServiceNow helps you gain better visibility and control over your IT assets, reduce costs, and minimize risks associated with IT asset management.

Notably, the integration of Virima Discovery and Service Mapping with ServiceNow further enhances its ITAM capabilities, ensuring that your organization has the most accurate and up-to-date information about your IT assets. With this in mind, the ability to automatically discover and map your IT assets and services, Virima enables you to maintain a complete and accurate inventory of your IT assets, ensuring compliance with licensing requirements and enabling you to optimize your IT asset utilization.

The benefits of ServiceNow and Virima integration

ServiceNow is a popular cloud-based platform that offers IT service management (ITSM) solutions to help businesses streamline their IT processes. However, to fully harness the power of ServiceNow, it’s essential to integrate it with a robust discovery and service mapping solution like Virima. In this section, we will discuss the benefits of ServiceNow and Virima integration.

Improved IT asset and configuration management

Firstly, one of the primary benefits of integrating ServiceNow and Virima is the enhanced IT asset and configuration management capabilities. ServiceNow CMDB is a central repository of information about the hardware and software assets in your organization. By integrating Virima Discovery, you can ensure that your CMDB is always up-to-date with the most accurate and complete data.

Secondly, Virima’s discovery solution automatically identifies and maps all the devices, applications, and services in your IT environment. This information is then synchronized with the ServiceNow CMDB, providing you with a comprehensive view of your IT assets. This integration helps you make better-informed decisions about asset procurement, maintenance, and retirement, ultimately reducing costs and improving efficiency.

Accelerated time to value of ServiceNow CMDB

The integration of ServiceNow and Virima Discovery significantly accelerates the time to value of your ServiceNow CMDB. By automating the discovery and mapping of your IT assets, you can quickly populate your CMDB with accurate and complete information. This eliminates the need for manual data entry, which is time-consuming and prone to errors.

Moreover, with an up-to-date CMDB, you can quickly identify and resolve IT issues, optimize your IT infrastructure, and make more informed decisions about your IT investments. This, in turn, leads to improved service quality, reduced downtime, and increased customer satisfaction.

Cost savings

Integrating ServiceNow with Virima can result in substantial cost savings for your organization. For instance, Virima guarantees at least a 50% savings over ServiceNow Discovery, making it a more cost-effective solution for maintaining your CMDB. Additionally, Virima’s Service Mapping is included in the integration, providing even more value for your investment.

By automating the discovery and mapping of your IT assets, you can reduce the time and effort required to maintain your CMDB. This not only saves your organization money but also frees up valuable IT resources that can be redirected towards more strategic initiatives.

Enhanced service mapping

Virima’s ViVID™ Service Mapping is a powerful tool that helps you visualize and manage the relationships between your IT assets and services. By integrating ViVID with ServiceNow, you can gain a deeper understanding of the dependencies and connections between your IT infrastructure and the services they support.

Furthermore, this comprehensive view of your IT environment enables you to identify potential vulnerabilities and risks, ensuring that you can proactively address them before they impact your business. Additionally, this integration helps you optimize your IT service delivery, resulting in improved service quality and reduced downtime.

Better IT security and compliance

Lastly, integrating ServiceNow and Virima can also help improve your organization’s IT security and compliance posture. By maintaining an up-to-date CMDB, you can quickly identify unauthorized or non-compliant devices and applications in your IT environment.

With accurate and complete information about your IT assets, you can ensure that your organization adheres to industry standards and regulatory requirements. This, in turn, reduces the risk of security breaches and compliance violations, protecting your organization’s reputation and bottom line.

Best practices to streamline ITAM with Virima and ServiceNow

IT Asset Management (ITAM) is an essential practice for any organization looking to optimize its IT infrastructure and reduce costs. By effectively managing and tracking IT assets, organizations can gain better control over their resources. Also, make more informed decisions about their IT investments. One way to streamline ITAM is by leveraging the powerful combination of Virima and ServiceNow. In this section, we will discuss best practices for streamlining ITAM using these two powerful tools.

Leverage Virima discovery and service mapping for ServiceNow®

Virima Discovery and Service Mapping is a powerful solution that accelerates the time to value of the ServiceNow CMDB. Also it offers tremendous cost savings. Moreover, by maintaining your ServiceNow CMDB with the most complete and up-to-date data, Virima Discovery ensures that you have accurate information about your IT assets at all times. Consequently, this helps you make better decisions about asset utilization, maintenance, and disposal.

ViVID™ Service Mapping, on the other hand, eliminates the guesswork of managing and securing complex IT services. By providing a clear and comprehensive view of your IT infrastructure, ViVID™ Service Mapping allows you to identify potential issues. Also, identifies and vulnerabilities before they become critical problems.

Integrate Virima and ServiceNow for a unified ITAM solution

By integrating Virima and ServiceNow, you can create a unified ITAM solution. It offers a single source of truth for your IT assets. This integration allows you to leverage the strengths of both platforms. Thus, ensuring that you have the most accurate and up-to-date information about your IT infrastructure at all times. With a unified ITAM solution, you can streamline your asset management processes. Also, reduce the risk of errors and inconsistencies in your asset data.

Implement a continuous discovery process

One of the keys to effective ITAM is having accurate and up-to-date information about your IT assets. Using Virima Discovery and ServiceNow, you can maintain up-to-date and comprehensive asset data. It is through through a continuous discovery process. This allows you to make more informed decisions about your IT investments. Also, reduces the risk of costly errors and oversights.

Utilize ViVID™ Service Mapping to visualize your IT infrastructure

Having a clear and comprehensive view of your IT infrastructure is essential for effective ITAM. By utilizing ViVID™ Service Mapping, you can create a visual representation of your IT environment. It allows you to easily identify potential issues and vulnerabilities. This helps you proactively address potential problems before they become critical issues. Also, ensures that your IT assets are being used efficiently and effectively.

Establish a regular ITAM review process

To ensure that your ITAM practices are effective and up-to-date, it’s important to establish a regular review process. This process should involve reviewing your ITAM policies and procedures, as well as your asset data and reports. By conducting regular reviews, you can identify areas for improvement. Then you can ensure that your ITAM practices are aligned with your organization’s goals and objectives.

Train Your IT staff in ITAM best practices

Effective ITAM requires a knowledgeable and skilled IT staff. Providing your IT staff with training in ITAM best practices is essential. Here you can ensure that they have the skills and knowledge. Specifically needed to effectively manage and track your IT assets. This training should cover topics such as asset discovery, service mapping, and integration with ServiceNow.

Monitor and measure the success of your ITAM practices

Finally, it’s important to monitor and measure the success of your ITAM practices. Monitoring KPIs like asset utilization, lifecycle management, and cost savings is must. By doing so, you can evaluate ITAM effectiveness and make data-driven decisions for improvement.

Maximize your ITAM efficiency with Virima and ServiceNow

Integrating ITAM tools and processes is crucial for achieving maximum efficiency in managing and tracking IT assets. By combining the strengths of Virima and ServiceNow, organizations can create a single source of truth for their IT assets. Also, streamline their asset management processes, and reduce the risk of errors and inconsistencies in asset data.

If your organization is looking to enhance its IT asset management practices, we highly recommend exploring the powerful combination of Virima and ServiceNow. These two robust tools offer a comprehensive solution for streamlining ITAM. Hence, ensuring that your organization has the most accurate and up-to-date information about its IT infrastructure at all times. By implementing best practices and leveraging platform strengths, your organization can enhance ITAM processes, optimizing its infrastructure.

Don’t miss out on the opportunity to streamline your IT asset management processes and optimize your IT infrastructure. Take the first step towards maximizing the efficiency of your ITAM practices. You can do this by exploring the powerful combination of Virima and ServiceNow® today. Contact Virima and schedule a demo to learn more about how these two powerful tools can transform your organization’s ITAM strategy and help you achieve your IT goals.

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