As a result, ITAM has become a huge benefit for growing organizations. ITAM is a solution for measuring the technical, financial and service performance of an organization's IT infrastructure throughout its lifecycle; from acquisition to disposal or re-deployment.

Top five reasons why organizations should invest in IT Asset Control for 2008.

1. Saves Money
ITAM saves organizations money by effectively managing and auditing IT assets. Better management of your IT assets create better investment decisions and reduces the risk of unnecessary spending due to lack of knowledge of IT inventory. ITAM is able to monitor through an accurate, automated audit reporting system, assessing and reducing direct and indirect costs determining the economic value of that investment. Organizations with an effective asset control system redeem their initial investment quickly due to lack of redundant purchases and yearly tax savings.
2. Enable Security
ITAM creates a real time location system for the entire organizations IT inventory, using discovery tools that identify systems that are susceptible to a given set of security vulnerabilities. ITAM is able to manage and access the lifecycle and configuration of each system in an organization, including types of applications and software each system is dressed with, also allowing exposure to systems that are not logged into the network so IT assets can become retired or inactive.
3. Increase Business Performance
ITAM provides important asset tracking information that increases business performance by providing an accurate and thorough audit of the organization's assets, preparing for change management or government audits.
4. IT Department More Agile
ITAM reduces problems before they affect the end-user which eliminates downtime and help desks become more proactive, benefiting the functionality of IT departments across the organization.
5. Help Organization Stay Compliant
ITAM process prepares organizations to comply with strict regulatory processes in a licensing compliant environment. This allows organizations to comply with government legislation, avoiding any financial consequences.

About Techtack
TechTrack Solutions Inc. is a privately held Information Technology Asset Management (ITAM) Software company headquartered in Vancouver, British Columbia, Canada. Over the past 10 years, Techtrack has been delivering IT asset management solutions solving customers' business problems as they relate to asset management. Their core areas of expertise are in asset management and asset tracking software, asset life cycle best practices, physical inventory and reconciliation services. Techtrack provides asset tracking and management solutions to leading organizations throughout North America including fast growing FORTUNE 1000 companies such as Yahoo!, Electronic Arts, Expedia, Salesforce.com, NASDAQ Stock Exchange and HP. For more information on Asset Tracking or contact an ITAM solutions expert please visit www.techtrack.com.