What Does The Iso 19770 It Asset Management System Standard Offer?

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ISO-19770-1 was first introduced to the globe in 2006 as the Software Asset Management (SAM) standard. Its primary focus was on SAM procedures, and it attempted to provide a framework for effectively managing software and related assets. More modifications were made in 2012 with the addition of a tiering approach to accreditation, but a major redesign of the standard occurred in 2017. To begin, the standard was modified to ITAM to ensure that all IT assets are included. Second, the framework's categorization was modified to include seven primary areas, including Planning, Leadership, and Organization. Finally, the standard now complies with the ISO Management System Standards (MSS), alongside ISO27001 Info-Sec.

Many obstacles and issues can arise when executing an ITAM strategy. Adopting ITAM best practices enables organizations to have a better understanding of their IT asset by developing quality procedures that can mature and generate actual business advantages. ISO 19770-1:2017 establishes best-in-class standards for the establishment, implementation, ISO 19770 Documents, maintenance, and enhancement of an IT asset ...
... management (ITAM) system, offering a framework for managing software assets within the context of the business.

The purpose of the introduction, which is a reflection of the way ITAM is used to achieve a business goal or goals rather than being utilized in isolation, is to:

• Give users control over the distribution, duplication, and modification of software
• Make sure licensing is under control such that licenses correspond with usage
• Provide control in scenarios involving mixed ownership/relationships, such as cloud computing and "bring your device" (BYOD)
• Integrate ITAM systems with other corporate platforms, such as accounting

Here are the examples that what exactly ISO 19770 ITAM standards provide:
Interoperability: Since ITAM interacts with various other services inside the organization, such as Finance, Legal, and Information Security, interoperability is a key consideration in the construction of all ISO standards. Adopting a service-provider mentality and emphasizing value while reducing risks, duplication of effort, and maximizing organizational benefits are key components of ISO. This involves making sure that one system or process generates what another system or process needs at the appropriate time.

Common Language: inside the ITAM ecosystem, ITAM standards offer a common language and vocabulary that makes communication and knowledge sharing easier. This applies to both ITAM practitioners in various countries or organizations and ITAM and other roles inside the same organization. Software publishers, ITAM tool suppliers, consultants, and end-user organizations may also exchange knowledge in this way.

External Certifications: Possessing these external certifications indicates that an organization complies with the ISO standard, as confirmed by a reliable third party. ITAM external certification is still in the early stages of development. Theoretically, external ISO 19770 certifications allow businesses to prove to other stakeholders—like software publishers, clients, partners, or regulatory organizations and regulators—that your SAM or ITAM program has attained the greatest level of recognition. This recognition can enable your company to compete in bids that include such requirements, assist you in securing better commercial terms, and satisfy legal requirements. They allow your company to show that you take IT governance seriously by putting in place the recognized best-in-class management system for IT Asset Management in the event of a security breach and the legal proceedings that follow. In the end, this ought to assist in lowering any fines and penalties.

Benchmarking: To evaluate how the ITAM program is performing in your industry peer group, benchmarking data is extremely helpful. Are you using the same procedures and seeing the same outcomes? Effective benchmarking can only be achieved by making apples-to-apples comparisons. Comparing organizations that adhere to the same standard allows for the use of comparable performance metrics.

Management Assurance: Executives who are generally not software asset management professionals can feel confident that their company is following established industry best practices when it comes to ITAM. It shows that the company is adopting best practices for ITAM to achieve higher degrees of management maturity rather than just carrying out a project plan to make improvements.