Virima V6.0 will soon be available with an all-new look, enhanced discovery, mapping and vulnerability features and more. Stay tuned!

Technology Assets Underutilized in Your IT Environment

Embracing green technology assets can not only be good for the environment but also your IT budget.

IT organizations spend plenty of money each year deploying and maintaining technology assets – from the centralized servers and network devices to the desktop and laptop devices for end-users. 

With shrinking profit margins and increasing competition in the marketplace, company leaders are increasingly looking to CIOs and IT leaders to improve the efficiency of technology assets. Removing those components and services that aren’t needed helps to cut costs and increase the utilization and value of the remaining assets.

The challenge for IT leaders is determining what technology assets reside in their IT environment so they can work with their peers to make decisions on how to utilize those assets most effectively. Asset management data isn’t just used for operating the IT environment, it is also used for optimizing it as well.

IT configuration and asset data are critical to help leaders manage assets in their environment. They help in keeping track of lists of the existing components and systems, what they are and their dependency relationships with other systems and business services. 

If this information is correct and complete, then it will also enable leaders to know where assets are being underutilized and provide insights into how to improve asset efficiency.

Identifying Underutilized IT Assets

The first step to improve IT asset efficiency is to understand your existing assets and their current use. IT discovery, your Configuration Management Database (CMDB), and IT asset management (ITAM) systems are the tools your IT team needs for this assessment. 

IT Asset Discovery enables you to collect information from your environment about existing technology assets and their connections to other elements in your environment.

Your CMDB is the repository where you store this information and your IT asset management system is the set of tools used to create and view relationship mappings and other attributes of your assets.

If you have these core capabilities, then you should be able to compile a big-picture view of your IT environment. Operational monitoring of network traffic and CPU utilization and storage, can provide information about the overall utilization of each asset, including how it changes with regular business cycles.

The relationship mapping data in your asset management system can help you correlate the capacity utilization with business functions, worksite locations, and the business activities the assets are supporting. Once this information has been gathered, you are now able to see what assets are underutilized and what assets are fully consumed.

Using Utilization Information to Improve Asset Efficiency

While some organizations just use their utilization information to optimize their current services, the most valuable insights to be gained are the opportunities to use existing assets to support new business needs. Perhaps, you have a new business application that must be hosted, or a new facility coming online that must be connected to the company network.

By understanding where you have available capacity in your existing asset portfolio, you may be able to support business growth goals without having to incur the time and cost involved in procuring something new. 

Can that underutilized server from sales also run some manufacturing software? Can leftovers from your recent facilities upgrade project be re-used to complete the building of a new site? Answering these questions will provide the insights that will lead to more efficient, future asset utilization.

Managing asset utilization isn’t just about controlling costs – it’s also using the resources available to the organization in the most efficient way possible to create value for the company. IT environments change frequently and there are often underutilized technology assets either occupying space in a store room or still operating in the environment with useful life. Company leaders are looking to their CIOs and IT leaders to understand what assets are available and find ways to use them more efficiently.

The IT DiscoveryIT Asset Management (ITAM) and IT Service Management (ITSM) solutions from Virima will help leaders achieve these goals, providing the tools for capturing data about your IT environment, visualizing, and driving actionable insights from this valuable data source. 

Virima is here to help. To learn more, download our whitepaper on discovery and visualization here.

To get started, contact us today to schedule a demo and explore the possibilities!

Subscribe to Our Newsletter

More to Explore

Efficient IT operations are the backbone of any organization. And why won’t this be? IT operations can entail managing infrastructure, responding to incidents, tackling problems, handling change, and release. But what aspect of IT operations an organization can undertake varies…

Change management is a process that ensures the successful introduction of changes across an organization. It ensures that changes are implemented in a controlled and coordinated manner in order to minimize disruption and reduce risks. In order for IT departments…

The role of change management in IT organizations has become increasingly important. As the rate of changes being made in an organization increases, it is necessary to keep track of these changes and make sure they are implemented successfully.  This…

Technology is driving a transformation in which businesses adapt, innovate, and thrive in a rapidly evolving marketplace. Manual tasks are being automated, data analysis is becoming swift and accurate, and collaboration is crossing all boundaries in the world we live…

Managing IT assets has become more challenging than ever before. The reasons can be hybrid IT infrastructure deployment, evolving threat landscape, and stricter regulatory compliance. As the IT infrastructure of organizations is continuously evolving, its assets are also continuously changing.…

Organizations are constantly seeking ways to improve efficiency, streamline processes, and reduce costs. Integration of powerful IT management tools such as Virima and Jira offers one way to achieve IT efficiency. Let's first understand IT asset management (ITAM) which plays…

In today's digital age, the management of IT operations is critical for businesses of all sizes. According to a recent survey by IBM and the Ponemon Institute, uninterrupted IT downtime costs around $150,000 per hour for small to medium-sized enterprises.…

The synergy between Virima and Jira service management is transforming the landscape of IT Service Management. By combining their respective strengths, Virima and Jira enable businesses to achieve unparalleled efficiency in IT operations.  In the ever-evolving realm of IT, where…

Are you striving to maintain control over your IT landscape? Is the ever-evolving technology landscape overwhelming? Are you looking to optimize IT operations, ensure compliance, and enhance your organization's functionality? It's time to consider the potent combination of Virima and…

When it comes to delivering high-speed IT service management, one name that steals attention is Jira service management. It offers powerful tools that transform the way organizations deliver services. Not just for IT, but Jira service management provides exceptional services…