Managing a large IT asset inventory manually can be daunting. However, the right IT asset management tool can simplify this task. These tools help your IT teams track, manage, and optimize IT assets (hardware or software). So, what are the available options? In this article, we'll explore the top 19 IT asset management software that you can consider deploying in your organization.
Managing IT assets manually is one of the many challenges organizations face today. There are more, like the rising complexity of cloud technologies, the spread of mobile devices, and frequent updates. These challenges have added to the difficulty of effectively managing and tracking IT asset inventory. However, the right IT asset management software can easily mitigate these challenges.
However, the question remains: Which IT asset management (ITAM) software will help you overcome these challenges without fail and align with your organization's needs as well? We've listed some crucial factors to consider to help you choose the appropriate ITAM software. These insights will guide you through the decision-making process.
Factors To Consider While Choosing An IT Asset Management Software
Below listed are some key factors that you must consider while selecting the ideal tool:
Identify Your Asset Workflow: Start by defining your organization's asset workflow. Understand how assets are acquired, assigned, monitored, and retired. Different businesses may have unique asset management needs, so aligning the software with your specific workflow is crucial.
Consider Asset Types: Consider the types of assets your organization manages. Whether hardware, software, or a combination of both, your chosen software should handle the diverse range of assets your business utilizes.
Prioritize Business Assets: Prioritize IT asset management software that caters to your industry and business needs. It should align with your organization's goals, compliance requirements, and industry standards.
Also Read: To know more about this, kindly go through A guide to choose the right ITAM tool
Now, let's determine which features you should look for in IT asset management software.
Key Features To Look For In An IT Asset Management Software
Given below are the features offered by an effective IT asset management software:
Asset Discovery and Inventory: This feature automatically identifies and catalogs all IT assets in the organization, ensuring a comprehensive and up-to-date inventory.
Asset Monitoring and Tracking: This feature monitors the status, location, and usage of IT assets in real-time, providing a dynamic view of the organization's IT infrastructure. It also tracks changes and updates to assets, preventing unauthorized modifications and maintaining the integrity and security of the asset configuration.
Asset Life Cycle Management: This feature manages the complete lifecycle of IT assets, starting from procurement through deployment, ongoing maintenance, upgrades, and eventual disposal or retirement.
Software License Management: This feature monitors and records software licenses to prevent over-licensing or non-compliance with licensing agreements.
Hardware Inventory Management: This feature maintains a comprehensive inventory of hardware components, capturing details such as specifications, warranty information, and each asset's complete maintenance history.
Configuration Management: This feature tool manages and controls the configuration of IT assets to ensure uniformity and standardization across the organization.
Risk and Security Management: This feature identifies and assesses security risks associated with IT assets, including vulnerabilities and potential threats.
Reporting and Analytics: This feature generates tailored reports that provide insights into asset usage, performance metrics, and associated costs.
Also Read: To know more about ITAM, you can go through ITAM challenges and their solutions, ITAM best practices.
Now that you are familiar with the factors and features to consider, let's proceed and explore the list of IT asset management software.
List of 19 Best IT Asset Management Software
We have curated a list of the top 19 IT asset management software to assist you in finding the most suitable tool for managing your IT assets.
1: Zluri
Zluri offers a unique and effective way to manage your organization's IT assets. Unlike other tools, it seamlessly integrates with device management or other asset management software. You can also benefit from its intelligent SaaS management capabilities for even greater efficiency. Let's look at an example to help you understand how it works.
For example, by integrating Jamf (device management software) with Zluri's SMP, your team can centrally control and automate various hardware and software management tasks.
Here are four major tasks this integration facilitates:
Register Devices and Enroll Users: Integrating Jamf with Zluri's SMP simplifies device registration and user enrollment. When a new employee joins, this integration allows your team to automatically register and assign specific devices.
For instance, if you hire a new employee for the finance department, the system anticipates the devices needed for their role and automatically assigns or enrolls them for the user. This proactive approach minimizes potential delays during onboarding, ensuring a smooth transition for the new employee.Auto-Lock and Delete Users from Devices: Upon an employee's departure, your team can create and initiate a predefined offboarding workflow for both the user and their device. This automated workflow swiftly locks the device assigned to the departing employee, ensuring prompt revocation of access.
Run Install/Update Scripts on Devices: In certain scenarios, organizations may need to regularly install specific applications or updates on users' devices. Directing IT teams to manually carry out these tasks can be time-consuming and error-prone. By integrating Jamf with Zluri's SMP, your team can automate these procedures using scripts, streamlining processes typically performed manually. This automation saves significant time and effort while mitigating the risk of errors in configurations and installations.
Monitor Installed Software Usage and Licenses: Monitoring application usage and evaluating license utilization can be challenging without robust tracking capabilities. By integrating Jamf with Zluri's SMP, your IT team can deploy agents silently onto user devices, facilitating auto-authentication without manual intervention. This enables your IT team to measure individual license utilization through software metering, helping keep track of asset usage effectively.
Furthermore, for more effective management of IT assets, Zluri's SMP provides complete insights into apps used within the organization in a centralized dashboard. Also, as per Kuppingercole's research and analysis report, you can view who owns an app, who has access to it, how many users are actively using it, and how many licenses of the apps are unused or underutilized.
Compete view of all SaaS apps in a single dashboard of Zluri
With the help of these insights, you can thoroughly monitor each app, properly allocate apps to different departments, and optimize your existing software as well. Not only that, these real-time insights help control the tech spend, ensuring you pay only for what you need and avoid unnecessary expenses.
Book a demo now to learn more about Zluri.
Customer Rating
G2: 4.7/5
Capterra: 4.9/5
2: ManageEngine AssetExplorer
ManageEngine AssetExplorer is a well-known IT asset management software designed to keep your asset information up to date by periodically scanning software, hardware, and other ownership details. It also tracks and manages various devices within your domain or network, including Windows, Mac, Linux, AIX machines, printers, Solaris systems, routers, switches, and more.
In addition to device management, AssetExplorer scans network devices to automatically identify installed software on each workstation. This capability allows asset managers to ensure license compliance by monitoring software usage and identifying instances of compliant, under-licensed, or over-licensed software within the organization. This proactive approach helps optimize software resources and minimize compliance risks effectively.
Furthermore, AssetExplorer also provides detailed ownership information, hardware and software inventory details and offers a clear overview of asset ownership within your organization. This capability ensures that IT teams thoroughly understand asset distribution and utilization across the entire network infrastructure.
Also Read: Want to know it’s other competitors, you can skim through ManageEngine ITAM Alternatives
Customer Rating
G2: 4.3/5
Capterra: 4.8/5
3: SolarWinds
SolarWinds offers IT asset management solution that helps track and tag hundreds of hardware properties, software titles, and user and location history across Windows, iOS, and Chrome OS devices. It also provides greater asset visibility by automatically capturing and gathering each asset’s incident history. Furthermore, Solarwinds’ ITAM simplifies contract service level management by compiling vendor data, warranties, lease terms, and agreements into a single, up-to-date location.
Additionally, by continuously monitoring and alerting IT teams to potential software security issues and threats, these solutions enable proactive risk mitigation. This approach ensures that vulnerabilities are identified and addressed promptly, safeguarding sensitive data and maintaining operational continuity.
Apart from that, this IT asset management software enhances the efficiency of incident and problem resolution by streamlining configuration management processes. How does it do that? allows IT teams to swiftly address and resolve issues related to asset configurations, such as updates, installations, and reconfigurations.
Customer Rating
G2: 4.3/5
Capterra: 4.6/5
4: Spiceworks
Spiceworks' IT asset management solution is an advanced cloud-based tool designed to help your team manage the organization's assets more efficiently. How does it achieve that? This IT asset management software automatically detects and collects data on various types of equipment, such as workstations, servers, routers, switches, and other digital assets. This visibility and insights further help manage, track, and optimize IT assets more effectively.
Additionally, it maintains an inventory of software and licensing agreements, ensuring that your organization has the necessary licenses for all software and minimizing the risk of usage fees and fines.
It also proactively manages system upgrades, helping prevent downtime and slow response times caused by outdated equipment and software. This approach maximizes productivity and minimizes disruptions, contributing to overall business efficiency.
Customer Rating
G2: 3.9/5
5: ServiceNow
ServiceNow's IT Asset Management solution helps your team manage and track IT assets to reduce costs and control overall spending. It also provides a dashboard for executives to see an overview of all assets, which further helps streamline the process of adding or removing assets. Additionally, this cloud platform handles hardware assets and software contract renewals and gives visibility into cloud resources to manage IT spending and risks.
Furthermore, this IT asset management software simplifies and automates asset lifecycle management from asset acquisition, deployment, maintenance, and disposal. This automation minimizes manual intervention and ensures that assets are properly allocated or retrieved promptly, thereby optimizing resource utilization.
Additionally, ServiceNow's IT Asset Management includes proactive tracking and planning for aging hardware assets approaching their end-of-life cycles. This feature helps IT teams reduce replacement costs and mitigate risks associated with hardware vulnerabilities. It also conducts ad-hoc audits of asset stockrooms and other locations, such as offices and data centers. This capability maintains up-to-date asset inventory management.
Customer Rating
G2: 4.5/5
Capterra: 4.5/5
6: IBM Maximo Asset Management
IBM Maximo is a cloud-based enterprise ITAM solution that offers complete visibility and control over an enterprise's IT assets, work processes, and compliance management. Its high degree of customization empowers your teams to manage various types of assets effectively, ensuring they are tracked and maintained throughout their lifecycle.
Also, Maximo allows your team to fully track where your assets are and what condition they are in. This information further helps you use your IT assets more efficiently, streamline operations, and cut costs.
Furthermore, this IT asset management software provides operations and asset management professionals with timely access to IoT (Internet of Things) data. This means they can monitor how assets perform in real-time, anticipate when maintenance is needed, and optimize each asset's entire lifecycle. Also, by using IoT insights effectively, IT managers can take proactive measures to prevent issues, minimize downtime, and make their IT asset management processes more efficient overall.
Customer Rating
G2: 4.4/5
Capterra: 4.2/5
7: Sapphire
Sapphire is an enterprise asset management solution that offers advanced features like asset and inventory management to efficiently create, manage, and track assets, parts, and consumables. Furthermore, for complex processes, Sapphire offers advanced asset workflow features that automate asset operations such as registration, retirement, disposal, requests, movements, work orders, and permits.
Also, this IT asset management software offers highly configurable options with hyper-automation for seamless governance, ensuring efficiency and precision in asset management.
Furthermore, Sapphire seamlessly integrates with Real-Time Location Systems (RTLS), RFID technology, and the Internet of Things (IoT) to accurately track assets. It also integrates with enterprise resource planning (ERP) systems and Procure-to-Pay (P2P) solutions to ensure asset data flows smoothly across different platforms. This further helps the IT team effectively monitor, manage, and maintain the organization's IT assets.
Customer Rating
G2: 4.5/5
8: Syam Software
Syam Software is a notable IT asset management software that automatically updates and displays detailed information about software and hardware configurations, linking assets to their respective owners and departments. It provides a complete system overview within an asset dashboard.
Moreover, Syam Software includes an integrated helpdesk feature that tracks asset service history. It accesses asset data directly from service tickets and controls access to both tickets and assets based on location and user permissions.
In addition to asset and helpdesk management, Syam Software simplifies software deployment processes. It enables IT teams to push critical updates seamlessly, silently remove unauthorized applications, and schedule deployments conveniently.
Furthermore, Syam Software enables IT teams to troubleshoot issues regarding assets and provide support to end-users, regardless of their location. How does it do that? It enables IT teams to access user's computers via web browsers, mobile devices, or desktop applications and diagnose and resolve technical issues promptly.
Note that IT teams don't have to be physically present; they can directly access users' devices remotely. This remote access feature ensures that IT teams can deliver quick resolutions to problems, thereby minimizing downtime.
Customer Rating
Capterra: 4.5/5
9: EZO Asset Sonar
EZO Asset Sonar is an advanced cloud-based ITAM tool for IT hardware and software management. It is designed to streamline asset maintenance and asset lifecycle management across diverse locations.
This IT asset management software offers real-time insights into the lifecycle stages of hardware assets, including updates on checkouts and service needs. This capability ensures that IT teams stay informed and proactive in managing asset maintenance, thereby minimizing disruptions to operations.
Additionally, Asset Sonar provides a unified dashboard that consolidates detailed information about software installations across all devices within the organization. This consolidated view helps monitor software licenses, updates, and usage patterns.
Customer Rating
G2: 4.5/5
Capterra: 4.8/5
10: Miradore
Miradore is dynamic and versatile IT asset management software that excels in asset lifecycle management. Its comprehensive suite of advanced features enables IT teams to discover and gather extensive details about their IT assets, capturing hundreds of attributes and changes. This includes remotely collecting custom information and manually updating asset data as required for operational needs. This feature ensures that IT teams have a complete and up-to-date view of their asset inventory, which further helps them manage IT assets effectively.
Additionally, it strategically plans and executes operations such as budgeting, procurement, and device changes with precision. This includes seamless deployment of new hardware and software and efficient monitoring and maintenance to ensure security and compliance with updated configurations.
Also, the platform helps securely retire and replace IT assets that have reached the end of their lifecycle, further minimizing the risk of operational disruption due to outdated assets.
Customer Rating
G2: 4.6/5
Capterra: 4.4/5
11: Lansweeper
Lansweeper is an advanced IT asset management platform that is an all-in-one solution for discovering, managing, and optimizing your organization’s tech stack (IT assets). How does it work? It consolidates all the asset data in one centralized inventory, providing complete visibility into the distributed tech stack. Your team can see who owns the assets, where they are located, and who uses them. It helps keep track of everything more efficiently across your organization.
It also helps eliminate blind spots by discovering hardware and software assets you might not be aware of.
Furthermore, this IT asset management software plays a proactive risk management role by identifying threats such as rogue devices, software vulnerabilities, and compliance issues. By detecting these risks early on, Lansweeper helps IT teams take preventive actions to secure the environment before these issues escalate into serious problems.
Additionally, Lansweeper reduces costs by identifying unnecessary expenses, supporting budgeting decisions, and providing accurate data for cost-effective IT asset management.
Customer Rating
G2: 4.4/5
Capterra: 4.5/5
12: Asset Panda
Asset Panda is a widely acclaimed IT asset management software that replaces cluttered spreadsheets and manual tracking with an efficient, consolidated system. It provides a view of full action histories, warranty information, user manuals, and photos in one place, creating a single source of truth for all assets.
Furthermore, Asset Panda seamlessly syncs data across your tech stack with one click, streamlining workflows within the apps you use daily. Also, this unified platform benefits the entire organization, from executives viewing reports and managers tracking asset history to front-line workers managing assets on the go. By implementing Asset Panda, organizations can significantly improve efficiency, saving both time and resources.
Customer Rating
G2: 3.9/5
Capterra: 4.6/5
13: Device42
Device42 is advanced IT inventory and asset management software that offers auto-discovery tools to maintain accurate inventory for physical, virtual, cloud, and hybrid infrastructures. The system supports multiple discovery protocols and virtualization platforms, ensuring up-to-date, audit-ready inventory.
For hardware inventory, Device42 automatically locates and updates devices, allowing easy documentation and modification of components. Its software inventory capabilities provide a detailed profile of software deployed across the IT infrastructure, including license counts, prohibited software, and compliance alerts.
Device42 also supports IT asset management with mobile devices, enabling the use of smartphones for inventory management and customized QR codes for asset or equipment tracking. Automated warranty checks and tracking simplify lifecycle management by retrieving warranty information from vendors like Dell, HP, IBM, and Lenovo.
Customer Rating
G2: 4.7/5
Capterra: 4.9/5
14: Flexera One
Flexera One’s IT Asset Management solution enhances IT spend by identifying unused, under-used, and redundant IT assets, enabling organizations to meet demand with existing digital resources. Also, its automated reclamation process removes unused software, preventing unnecessary purchases.
Not only that, Flexera One automates the IT asset lifecycle as well, allowing quick identification of assets that are available, in storage, up for renewal, or nearing the end of their lease or warranty. This visibility into underutilized assets provides the insights needed to negotiate better contracts and control IT spending based on actual usage.
Furthermore, this IT asset management software conducts audits to assess the risks associated with IT assets. This proactive approach helps identify and remove risky assets from the organization, thereby safeguarding critical data from potential breaches.
Customer Rating
G2: 3.7/5
15: Secpod’s SanerNow
SecPod offers a SanerNow IT Asset Management solution that performs live asset scans on enterprise devices, providing a transparent and detailed view of the entire inventory, even during off-hours. Furthermore, it identifies rarely used and outdated applications and tracks software licenses. With the help of these insights, you can make strategic decisions about IT asset usage and cost control.
The solution also automates reporting, delivering customizable, audit-ready detailed reports that track IT asset discovery metrics in real-time, ensuring organizations are always prepared for audits. SanerNow's cloud-based ITAM platform offers unparalleled visibility and access, enabling users to monitor and manage their IT assets from anywhere at any time, enhancing overall efficiency and control.
Customer Rating
G2: 4.5/5
Capterra: 4.5/5
16: Ezofficeinventory
EZOfficeInventory’s IT Asset Management solution provides end-to-end asset lifecycle management features that help track everything from procurement to retirement, including — purchase orders, vendors, maintenance histories, and lifetime costs.
It also offers an Availability Calendar that displays the status of assets and stock—whether available, reserved, checked out, or under maintenance—and allows filtering by time period, group, or location. Additionally, the Dashboard Calendar provides a quick view of item events on any given day, with options to navigate forward or backward for more details. With the help of this visibility and insights, you can efficiently manage and track organizational assets, enhancing overall operational efficiency.
Customer Rating
G2: 4.4/5
Capterra: 4.6/5
17: Alloy Software
Alloy Software is a well-known asset management platform offering a comprehensive suite of tools to manage IT assets effectively. The automated IT asset discovery feature detects computers and other networked equipment within the local area network (LAN), providing a current overview of the entire IT infrastructure. This ensures that IT teams have an accurate understanding of the organization's IT assets at all times.
Furthermore, the asset life cycle management capability gives unparalleled insights into IT assets, allowing IT teams to control every stage from procurement to retirement. This includes maintaining a complete and accurate history of financial information, warranty and maintenance contracts, related incidents, and any repair work performed on each piece of equipment.
This IT asset management software also provides automatic alerts about approaching renewal dates of IT assets (software licenses), ensuring timely renewals or cancellations as necessary.
Customer Rating
G2: 4.2/5
Capterra: 5/5
18: Ivanti Neurons For ITAM
Ivanti Neurons for IT Asset Management automatically discovers and updates information about your IT equipment in real-time. This helps keep all your asset information accurate and up-to-date without needing manual updates.
Furthermore, the asset repository integrates seamlessly with the Configuration Management Database (CMDB) service management. This integration provides current asset information, facilitates easy request management, and enhances overall service delivery.
Ivanti Neurons for ITAM also supports remote asset management via a mobile app. This feature allows IT teams to manage IT assets while on the move, including searching for assets, updating fields, checking for incidents, and applying automated quick actions.
Customer Rating
G2: 4.2/5
Capterra: 4/5
19: TYASuite
TYASuite is an asset management software that offers a comprehensive approach to managing IT assets from acquisition to tracking.
During asset acquisition, IT teams can raise purchase orders (PO) and process incoming assets, with options for conducting quality checks. The IT asset management software supports bulk inward processing and allows for the bulk import of pre-existing assets as well.
Furthermore, each asset can be assigned barcodes or QR codes, which makes it easier for your team to manage them. Additionally, for asset tracking, TYASuite can monitor assets at the user level and track them using unique barcodes or QR codes. The system allows tracking based on locations and the grouping or subgrouping of assets. Additionally, it supports the bulk transfer of assets, making it easy to manage large quantities of equipment efficiently.
Customer Rating
G2: 5/5
Capterra: 4.2/5
Manage Your Tech Stack With An Ideal IT Asset Management Software
So, that was an overview of 19 top IT asset management software solutions you should try in 2024. Now, it's your turn to decide which one fits your needs best. Try considering different factors like your specific requirements, budget, and company size. This consideration will help you find the best tool for managing your IT assets effectively.
For instance, if you need an all-in-one solution that offers a wide variety of advanced capabilities to manage the entire lifecycle of your IT assets, from procurement to disposal, then Zluri is a great choice. If you need real-time updates and a complete view of all your assets, EZO Asset Sonar is the way to go. And if minimizing IT asset expenses is your priority, Flexera One's ITAM could be the perfect fit. So, carefully choose the one that aligns perfectly with your organization's needs and streamline your IT asset management today!
