For many organizations, the IT assets, namely Hardware Software, account for the largest proportion of the IT spend. Companies large small depend upon a collection of hardware and software networks, systems and databases to remain competitive and efficient.With such a high level of investment, it therefore follows that these IT assets must be properly managed and maintained to ensure both their availability and that they are functioning correctly when needed most. Equally, having accurate inventory records is critical in determining how many users within the organization are actually utilizing certain applications. Paying particular attention to asset tracking will alert an organization to its infrastructure needs and highlight when to efficiently deploy IT solutions. Not only will this help to remove excess licensing and therefore trim software budgets but proactive asset management will ensure compliance with software licence agreements and make budget forecasting.