To successfully implement an ITAM strategy that maximizes ROI, organizations should consider the following key steps.

Comprehensive Asset Inventory: Create a comprehensive inventory of all IT assets, including hardware and software, to gain a clear understanding of what is in use and what can be decommissioned.

Lifecycle Management: Implement a lifecycle management approach to track assets from acquisition to disposal. This ensures that assets are retired at the optimal time, preventing unnecessary costs associated with maintaining outdated technology.

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