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According to ITIL, SAM is defined as “…all of the infrastructure and processes necessary for the effective management, control, and protection of the software assets…throughout all stages of their lifecycle.” [1] Fundamentally intended to be part of an organization's information technology business strategy, the goals of SAM are to ...
International standards in the ISO/IEC 19770 [1] family of standards for IT asset management address both the processes and technology for managing software assets and related IT assets. Broadly speaking, the standard family belongs to the set of Software Asset Management (or SAM) standards and is integrated with other Management System Standards.
Asset management is a systematic approach to the governance and realization of all value for which a group or entity is responsible. It may apply both to tangible assets (physical objects such as complex process or manufacturing plants, infrastructure, buildings or equipment) and to intangible assets (such as intellectual property, goodwill or financial assets).
The Workflow Management Coalition, [6] BPM.com [7] and several other sources [8] use the following definition: Business process management (BPM) is a discipline involving any combination of modeling, automation, execution, control, measurement and optimization of business activity flows, in support of enterprise goals, spanning systems, employees, customers and partners within and beyond the ...
The PAS gave guidance and a 28-point requirements checklist of good practices in physical asset management; typically this was relevant to gas, electricity and water utilities, road, air and rail transport systems, public facilities, process, manufacturing, and natural resource industries. It was equally applicable to public and private sector ...
Asset Performance Management (APM): This component of EAM solution applications offer software and services for optimizing asset performance and operational & maintenance efficiency. Features such as these include proprietary analytics and work process automation (e.g., Work Orders, Procurement Processes, Material Requestes, etc.).
Hardware asset management. Hardware asset management entails the management of the physical components of computers and computer networks, from acquisition through disposal. [24] Common business practices include request and approval process, procurement management, life cycle management, redeployment and disposal management. A key component is ...
Maximo is enterprise asset management software originally developed by Project Software & Development (later MRO Software) with the first commercial version released in 1985. [2] [3] Purchased by IBM in 2006, it was branded as IBM Maximo Asset Management. With the release of version 8 in July 2021 the product was renamed to IBM Maximo Manage. [4]
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