Nearly Half of IT Asset Management Budgets Increase According to Latest IAITAM Survey

Share Article

Five 2012 Priorities Identified; ITAM Practitioners Loyal to Organizations

The ITAM industry is gaining the respect of its fellow IT peers and being recognized as a strategic ‘must have’ by senior managers as indicated in the level of compensation, reporting structure and the call for higher education

Nearly half (45%) of IT Asset Managers have seen an increase in their budget from last year with 37% remaining the same, according to the annual IAITAM Practitioner Survey by the International Association of IT Asset Managers (IAITAM).

Priorities for 2012 identified by IT Asset Managers as most important include (in order of importance):

  •     Process improvement
  •     Increasing software compliance
  •     Increasing employee awareness and cooperation in ITAM programs
  •     Uncovering more savings
  •     Increasing management awareness or buy-in

“IT Asset Manager top priorities for this year including process improvement and software compliance are very much in line with the CIO and CFO’s business plans for a cost effective environment with sustainable savings year over year,” said Barbara Rembiesa, CEO, IAITAM. “Managing software and hardware better is a strong impetus to performance and efficiency as well as bottom-line savings.”

Of the 12 Key Process Areas identified by IAITAM that comprise ITAM, Asset Identification Management, Compliance Management and Disposal Management were the top areas of responsibility for this IT group in 2011.

Other findings from this annual practitioner survey include:

  •     Over half earn $75,000 or more in annual salary
  •     42% are responsible for both hardware and software assets, indicating that organizations are paying close attention to both
  •     Nearly a third hold a master’s degree or had some graduate school
  •     81% believe that their peers and executives find value in ITAM.
  •     Over half report to a VP or higher

The vast majority of organizations have dedicated internal ITAM resources. Nearly 60% are staffed with employees only and an additional 31% with a majority of employee staff supplemented with some temporary positions including consultants. A significant percentage (44%) employ between 3 and 5 people to support ITAM programs.

“The ITAM industry is gaining the respect of its fellow IT peers and being recognized as a strategic ‘must have’ by senior managers as indicated in the level of compensation, reporting structure and the call for higher education,” continued Rembiesa. “Setting aside the potential business and market growth, IT Asset Managers love what they do.”

ITAM employees stay at their companies for a long period of time with 43% employed by their organization for ten or more years. The majority (82%) is satisfied with their current position and has no immediate plans to seek another position.

The survey was conducted at the IAITAM’s Annual Conference & Exhibition in the fall of 2011 with 123 respondents completing the questionnaire.

About IAITAM
For more information, go to http://www.iaitam.org or http://www.youtube.com/watch?v=36nFYNEBZKo

Share article on social media or email:

View article via:

Pdf Print

Contact Author

Jennifer Fugel

Yin Chang
Visit website