OAOT Offers White Paper for Achieving a Compliant IT Asset Management Solution

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With increasing regulatory demands from legislation such as Sarbanes-Oxley, together with the significant focus on cost reduction, data security and compliance, organizations must implement rigorous IT asset management controls

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When you are trying to keep up with the pace of business, simply using a technology or system to record the asset inventory or using auto-discovery tools has limitations in producing a compliant asset inventory

OAO Technology Solutions, Inc. (OAOT), a global leader in managed Information Technology (IT) solutions, today announced a web-based, downloadable white paper titled "IT Asset Management Services: Compliant IT Asset Control Techniques For Mitigating Risk."

With increasing regulatory demands from legislation such as Sarbanes-Oxley, together with the significant focus on cost reduction, data security and compliance, organizations must implement rigorous IT asset management controls. This requires improved processes, greater accountability and a higher degree of accuracy to achieve a successful IT asset management solution.

To ensure compliance, an IT asset baseline must assess the value, location, status, configuration and management of hardware and software for enterprise-wide IT assets. The requirements for achieving a compliant IT asset management solution include the following:

  • Current Inventory Data Model Review
  • Physical Asset Discovery
  • Data Collection
  • Data Reconciliation
  • Process Improvement (closing the gaps)
  • Governance (sustainable management)

"The total value of an IT asset management solution can be significantly improved by using a structured methodology that aligns the business, financial and IT objectives with defined organizational goals," stated Sid Fuchs, president and CEO of OAO Technology Solutions, Inc. "By outsourcing the IT asset management function to a managed IT services provider, organizations can create a centralized asset management solution, increase compliance, reduce financial impact and exposure, and improve visibility into the asset management process."

"When you are trying to keep up with the pace of business, simply using a technology or system to record the asset inventory or using auto-discovery tools has limitations in producing a compliant asset inventory," stated Cameron Chehreh, CTO and Strategic Business Solutions senior vice president and general manager for OAO Technology Solutions, Inc. "With a solid methodology that is supported by technology, companies can achieve cost reductions by identifying under-utilized assets and reallocate them across the business instead of purchasing new assets."

To download the whitepaper, visit http://www.oaot.com/FileDownload?DLFile=/WhitePapers/MitigatingITAssetManagementRisk.

About OAO Technology Solutions, Inc.
OAOT (http://www.oaot.com) is a global leader in Managed IT Services and Solutions to Fortune 500 corporations, global outsourcers and government agencies. The Company's global expertise includes: application outsourcing, data center and infrastructure management and staffing solutions. Headquartered in Greenbelt, Maryland, our 1,600 worldwide employees are located throughout the United States, Canada and Europe.

Copyright 2009 by OAO Technology Solutions, Inc. ® All rights reserved.

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