ITAM and FinOps
Discover ITAM and FinOps for your organisation.
Keeping track of your IT assets and cloud spend has never been more important, despite its complex nature.
Effective IT asset management (ITAM) encompasses both hardware asset management (HAM) and software asset management (SAM) to give you full visibility and control across your entire IT estate.
Whether you’re looking to develop a strong IT asset management strategy or are exploring more about FinOps and how it supports your cloud governance, we’re here to help you simplify complexity and drive real value.
Explore our ITAM and FinOps services
What is IT asset management and why is it important?
IT asset management (ITAM) is the foundation of an effective IT strategy, tracking and managing hardware and software from procurement to retirement.
A strong IT asset management strategy ensures assets are used efficiently, securely, and compliantly. As IT environments grow more complex, ITAM helps prevent shadow IT, over‑licensing, and compliance issues by enabling you to:
🟠Cut costs with smarter procurement and licence optimisation
🟠Avoid compliance and audit risks
🟠Improve lifecycle management
🟠Support sustainability and governance goals
What is FinOps and why is it important?
FinOps, short for “Cloud Financial Operations”, is a practice that helps organisations understand and manage their cloud spend effectively. By fostering collaboration between IT, finance, and business teams, FinOps ensures that every pound spent in the cloud delivers maximum value.
Cloud environments are fast-moving and scalable, but without proper oversight, cloud spend can quickly get out of control. That’s where FinOps comes in, helping you:
🟠Align cloud usage with business goals
🟠Monitor, manage, and forecast costs in real time
🟠Drive financial accountability across departments
🟠Enable faster, data-driven decision-making
The benefits of ITAM and FinOps
Together, ITAM and FinOps provide end-to-end visibility and control over your IT and cloud environments. By combining these practices, you will:
Uncover hidden cost-saving opportunities
Improve compliance and reduce audit risk
Optimise licence usage across hybrid environments
Support sustainable, scalable IT operations
ITAM and FinOps FAQs
ITAM covers all IT assets, both hardware and software, across their lifecycle. SAM (software asset management) is a subset of ITAM focused specifically on software licences and usage. Both are essential for ensuring control, compliance, and cost-efficiency.
Hardware asset management (HAM) focuses on tracking and managing physical IT assets like servers, laptops, and networking equipment. Our recommended HAM solutions, including Lansweeper, ServiceNow, SymphonyAI, and Tanium, integrate seamlessly with our software asset management (SAM) platforms. This integration delivers a comprehensive IT asset management (ITAM) and FinOps approach, giving you end-to-end visibility and control across your entire IT estate.
Let’s simplify your IT estate together.
Discover how FinOps services will help you optimise your software and hardware assets, reduce costs, and improve cloud governance.
You can also email us at [email protected] or call 01904 562200 – whatever works best for you.