Top 10: IT Asset Management software

Updated: March 05, 2024

IT Asset Management software is a valuable tool that enables organizations to efficiently track, manage, and optimize their IT assets throughout their lifecycle. This specialized software provides a centralized platform to catalog and monitor hardware, software, and other digital assets, allowing IT teams to gain comprehensive visibility into their IT inventory. IT Asset Management software facilitates tasks such as asset discovery, inventory tracking, and license management, ensuring compliance with software licensing agreements and reducing the risk of over- or under-licensing. Moreover, the software enables proactive maintenance and timely upgrades, optimizing asset utilization and extending their lifespan. With real-time insights and reporting, IT Asset Management software empowers businesses to make data-driven decisions, improve cost efficiency, and enhance cybersecurity by identifying and mitigating vulnerabilities. By leveraging IT Asset Management software, organizations can streamline IT operations, reduce downtime, and enhance overall IT governance, contributing to better IT performance and increased productivity across the organization. Asset management software can be used to track inventories, hardware devices, software. The system also helps in asset lifecycle management - it can track assets at all stages right from purchase to disposal.

See also: Top 10 IT Service Desk software

2024. Axonius, a specialist in cyber asset managment, secures $200M



Axonius, a prominent figure in enterprise asset management, specializing in comprehending and overseeing the digital assets and infrastructure constituting an organization's network, has secured an additional $200 million in funding to further develop its operations following notable growth. Despite prevailing economic challenges affecting IT budgets and the broader technological landscape, the market segment Sysman alludes to has expanded consistently over time. A pivotal element in contemporary cybersecurity strategies is the recognition of the attack surface: comprehending the array of assets, services, and interactions within a network is fundamental to safeguarding against malicious infiltration.


2021. Cyber asset management Noetic Cyber emerges from stealth with $15M



Noetic Cyber, an innovative cloud-based platform for continuous cyber asset management and controls, has emerged from stealth mode and secured $15 million in a Series A funding round. Setting itself apart from traditional solutions, Noetic Cyber takes a fresh approach to the challenge of cyber asset management. Instead of relying on agent-based systems, the platform leverages API aggregation and correlation techniques to extract valuable insights from a multitude of security and IT management tools. This approach offers the advantage of easy integration with additional applications and use cases, building upon the platform's foundational asset visibility and management model. Noetic Cyber plans to expand its range of connectors to accommodate various customer use cases, while also preparing to release a comprehensive controls package later in 2021.


2021. Axonius nabs $100M for its asset management cybersecurity platform



Axonius, a cybersecurity startup, has successfully raised $100 million in funding. The company has developed a comprehensive cybersecurity platform designed to manage the multitude of devices connected to organizations' extensive networks. Axonius not only provides device management capabilities but also enables organizations to leverage the diverse offerings available in the fragmented security market. At the core of Axonius's value proposition is addressing a fundamental yet critical challenge: accurately identifying the number of devices connected to a network, their locations, and their activities. Axonius employs advanced algorithms, including a deterministic algorithm that generates unique identifiers based on factors like timestamps or cloud information. The resulting insights can be utilized by various security software solutions to detect usage inconsistencies and behavioral anomalies, ultimately flagging potential malicious activities.


2020. Atlassian acquires asset management company Mindville



Atlassian has made an announcement regarding its recent acquisition of Mindville, an enterprise asset management provider focused on Jira. This acquisition marks Atlassian's entry into a new market segment, as it adds asset management tools to its existing suite of services. Mindville Insights, the flagship product of Mindville, enables tracking of assets across various departments such as IT, HR, sales, legal, and facilities within a company. While the platform is asset-agnostic, it is expected that many companies within Atlassian's user base will utilize it primarily for tracking IT assets such as servers and laptops. In addition to physical assets, the service also supports automatic importing of cloud-based servers from providers like AWS, Azure, and GCP. The Mindville team has developed connectors to integrate with popular services like ServiceNow and Snow Software. Notable customers of Mindville include NASA, Spotify, and Samsung, among others.


2020. Axonius nabs $58M for its cybersecurity-focused network asset management platform



Axonius, a company based in New York, offers organizations the ability to manage and monitor the various computing assets connected to their networks. The company's solution allows customers to integrate this data with over 100 different cybersecurity tools for analysis. Recently, Axonius secured $58 million in a Series C funding round. Over the past year, the company has experienced significant growth, particularly in light of the current circumstances. It comes as no surprise that Axonius has thrived during a time when secure remote work solutions are in high demand, as businesses strive to adhere to government policies promoting social distancing to combat the spread of the COVID-19 pandemic.