Asset management involves tracking, maintaining, and optimizing a company’s assets to maximize their value and efficiency. It includes both physical and digital assets, depending on the business type. While a physical asset management system can tell you the location of a computer, it cannot answer questions like, β€œWhat operating systems are our laptops running?” and β€œWhich devices are vulnerable to the latest threat?” An effective IT asset management (ITAM) solution can tie together physical and virtual assets and provide management with a complete picture of what, where, and how assets are being usedYou can’t protect what you don’t know about Learn more: https://en.wikipedia.org/wiki/Asset_Management