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Understanding The Role Of Tools
2004-11-24 admin
Organizations implementing asset portfolio management solutions must understand the role of these tools in the larger, strategic information technology organisation (ITO), says META Group.
In a METAspectrum SM report on the asset portfolio management tools market , META Group reports that understanding the needs of the ITO will lead to more appropriate tool selection to support near- and long-term requirements for aggregating information through automation and/or manual process.
“ITOs often struggle managing the asset side of portfolios, which creates an impression that costs are out of control. Asset portfolio management tools create the ability to understand and manage trends and costs, leading to improved IT costs and controls,” said William Snyder, senior program director at META Group.
“ITOs should carefully review current tools for potential synergies with adjacent tools when deploying asset
repositories.”
META Group finds the asset portfolio management tools market bifurcating into two distinct categories. While all of the tools have some basis in solving a point problem (e.g., help desk, mainframe software costs), the increasing integration of these tools with enterprise-level tools (e.g., portfolio management, service-level agreements) is separating vendors into those selling inexpensive tools that meet basic asset management feature functionality or tools that support decisions on an ITO-wide basis.
“Customers will also see continued consolidation in the market, as vendors with portfolio capabilities (and suitors) will increasingly see the road to true portfolio management incorporates asset portfolio management capabilities,” said Snyder. “The ultimate result is that these repositories will provide a backbone to improved IT business efficiency. The impact to asset portfolio management vendors will be either an increase in visibility and importance within IT organisations or relegation to point-solution status at a commodity price.”
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