For example, according to Deloitte, companies can end up spending twice as much as they need to on their software assets because they don't have an accurate picture of their software landscape. The cost of underutilized, mismanaged, or misplaced assets can put a severe dent in a company's bottom line. Also, more frequent employee turnover raises data security issues. With mobile devices flooding the workplace, increasingly complex cloud technologies, licensed-based software, and more frequent updates, the management and tracking of IT assets has become much more complicated. In the digital age, businesses are having to manage and track more assets than ever before. Read our advertiser disclosure for more info. We may receive compensation if you visit partners we recommend. We recommend the best products through an independent review process, and advertisers do not influence our picks.
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