Optimization

Asset Management:

The increasing complexity and rapid pace of change in distributed IT environments pose a daunting challenge for those who need to maintain visibility and control of the enterprise IT asset portfolio. IT asset turnover and mobility, coupled with a lack of automated asset controls, make it difficult to maintain an accurate picture of assets in the IT environment or understand their relationships to costs, contracts, owners/users and business services. Business consequences include over-and-under buying of assets, lease penalties, expensive off-contract and fragmented procurement, excess maintenance and support costs, non-compliance with software license and regulatory requirements (such as Sarbox) and inadequate TCO data for purchasing and planning.

Business Needs

• Increase visibility across both deployed assets and stock inventory to avoid underutilization, unnecessary purchasing, and unmet business service needs
• Reconcile software installations and actual usage with underlying software license contracts to reduce excessive license payments and ensure compliance
• Develop accurate budgets, select the best configurations for purchase or consolidation, and communicate the true cost of supporting the business
• Facilitate compliance with legislation, such as the Sarbanes-Oxley Act

Our Solution

P4 utilizes Remedy Asset Management, an industry-leading software application that automates lifecycle, contract, and cost control of IT assets to lower operational costs, improve return on capital, and better align IT and business. Its unique combination of out-of-the-box best practices, flexibility and extensibility, and integration with related tools and processes helps you get up and running quickly with an inter-disciplinary approach to IT asset management that easily adapts to your unique and evolving needs.

Key Features & Benefits

• Automate enterprise best-practice processes for IT asset lifecycle management, including procurement, deployment, maintenance, support and retirement
• Enable software license optimization and compliance, as well as lease, maintenance, support and warranty contract management
• Provide cost controls including total cost of ownership tracking, charge backs and depreciation
• Enable IT administrators to quickly customize and extend out-of-the-box application functionality through the Remedy AR System graphical user interface—without programming
• Integrate with incident and problem management, change and configuration management, service level management and other related business service management processes—straight out of the box
• No expensive software to buy - P4 provides asset management as a managed service at predictable monthly