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Asset Management

 

Best Practice

Revision:                     1.3

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Note:

Whilst every precaution has been taken in the preparation of the document, no responsibility is assumed for errors or omissions nor is any liability assumed for loss or damage resulting from the use of the information it contains.


Table of Contents

FCSL Asset Management Best Practice

Financial

Value of Asset Base

Lease Management

Audit

Enterprise management

Security

Software Licencing

Support

Revisits

Shadow Support

Proactive Reduces User Downtime

Contract Take-on costs

Across Whole Base?

Moves and Changes

Proactive Management

Summary

FCSL Asset Management Best Practice

Despite reducing costs of PC capital purchase, a significant amount of investment is made in the lifetime of each asset. The creation of suitable processes to track, manage and support the asset base can deliver significant reductions in ongoing overhead expenditure. There have been many companies, true and apocryphal which have believed that they fully understand the size of their installed base, only to discover that they have over/under-estimated by up to 10%.

Without a suitable asset management system, companies face at least an annual ritual of visiting each asset, and auditing all relevant details. Unfortunately, almost by definition, this information is out of date as soon as it is recorded. With a suitable asset management system, it is not only the case that the information is live and current at any time, but also the information can be used for many different purposes, from upgrade to asset valuation.

It is clear that there are many potential savings from implementing suitable asset management best practices. Industry practice suggests that these potential savings will be in the range: 

Hardware and Software

0-8%

Operations

1-16%

Administration

0-7%

End-User

0-3%

 Source: GartnerGroup

The correct choice of software asset management packages, combined with the implementation of best practices allows better control and management of the installed base.

The following information describes some areas where FCSL Asset Management Consultants have established business benefits, and areas where improvement effort should be focused.

Financial

 

Value of Asset Base

The Financial Division of any client or business unit requires an accurate assessment of current asset value to assess the effect of depreciation on business and balance sheet value. As IT Directors will recognise, the current book value can be substantially different from the current market value for an installed base. If the asset is written down over three years, after one year, an asset may have a book value of two-thirds of purchase, but a market value of one tenth.

Being able to access a live, current database of asset information, accurate information can be established to assess the value of the asset base. Peripherals which have been added to an asset may depreciate at a different rate than the asset itself, and if they exist in a significant number, can skew the value of assets.

 

Lease Management

More and more organisations are leasing their installed base, to mitigate the effects of shortened product life cycles and technology refresh. The ability to value the asset base as above allows a suitable initial lease contract to be written, or the assets brokered off at market value.

On an ongoing basis, it is important to know the makeup of the assets, so that lease values can be agreed and contracted. Without this information, it is possible that excess lease values are being paid, with no value added.

  

Audit

The traditional approach to auditing has been to mobilise a cast of thousands, on an annual basis, and document the information relating to each asset. Unfortunately, this is prone to user error, either in recording or logging the information.

On top of this, users have an infuriating habit of re-configuring hardware, installing software and relocating assets. Indeed, for mobile users with laptops, in national or global organisations, it would be impractical to expect assets to remain static during the period of an audit.

A suitable asset management package will allow real-time audits to happen across the whole asset base within minutes, rather than weeks.

Enterprise management

One of the issues of asset management is that a large number of asset management packages exist, sponsored by different hardware and software vendors, each supplying a different combination of functionality and benefits. This leads to multiple licence costs and training requirements. In the field of asset management, it is a case of “the nice thing about standards, is that there are so many to choose from…..”

Thankfully, there are a number of enterprise management packages able to extract the information from the asset management packages, and present it in a standard way. The choice of Enterprise Management solution can be costly, and obtaining the correct level of consulting advice can avoid expensive mistakes and potential embarrassment.

Security

The security of assets has become of greater and greater importance, as PCs are used for ever more business critical applications. Data security has taken on a new meaning, as information falling in to the hands of competitors can commercially hurt or even destroy an otherwise healthy business.

Furthermore, the cost of replacing assets or peripherals is typically funded from the bottom line, as it is generally not cost-effective to claim on insurance, other than for the theft of a large number of assets.

During the time of memory constraints, shortly after the explosion in the chip manufacturing facility in Taiwan, there were numerous reports of break-ins where the PCs were left behind, but memory and other valuable peripherals were removed.

The choice of hardware with cover sensors triggered by cover removal, combined with asset management software to alert if hardware configuration has changed allows the IT department to monitor the asset base for signs of unauthorised activity.

Of course, there are also many reports of whole systems being removed from premises, either by unauthorised intruders or even by staff. In the case of non-managed equipment, it can be days or even weeks before removal is discovered, by which time it is too late to recover the goods.

 

Software Licencing

There are a number of good reasons to manage software assets, including:

A common unauthorised practice is where a legitimate software package is ghosted onto another system. This can be with the innocent intent of ‘trying-before-buying”, but contravenes software licensing agreements, and places the organisation in a precarious position.

Monitoring the installed software base highlights non-conformances, and also discourages users from the ghost software practice, in the knowledge that their asset is being monitored.

Most software manufacturers are members of the Federation Against Software Theft (FAST). This organisation exists to discourage the use of illegal or pirated software. Most software manufacturers will take a pragmatic view to any organisation admitting ‘over-use’ of licences and buying suitable  replacement licences. If, however, a high-profile client is found using illegal licences, FAST and the software manufacturer may well choose to make an example of that customer.

Clearly, this can have a very negative impact on a client’s reputation, affecting areas including share price, credit worthiness and quality as an employer.

Support

As has been stated, suitable asset management practices can lead to significant potential savings. These can be attributed to a number of areas, some of which have been highlighted below.

Revisits

When a hardware problem is reported in a non-managed environment, a hardware engineer is despatched to diagnose the fault, a replacement part is ordered, and the hardware engineer returns to replace the item. This adds substantial cost, in the region of at least £30 for each additional visit.

Asset Management software can be used to assess the failed item, and despatch the replacement item and engineer to allow the fault to be rectified in one visit.

Shadow Support

Shadow support is the support provided by non-IT resource within the user base. The net effect is that there can be a number of virtual full time support heads providing asset and ongoing support to the installed base. Asset Management software can be used to reduce the burden on the IT staff, reducing the need for shadow support, bringing back support under central control, ensuring consistent, high-quality support to the user base. This is an area which is often omitted from Total Cost of Ownership studies, although potential savings can be significant.

Proactive Reduces User Downtime

The ability to proactively manage the asset base allows more controlled decisions to be made regarding ongoing support and occasional upgrade. At the very least, the ability to automatically collect asset information, and, where possible, status, means that the number of desk-side visits is reduced by at least one. Proactive management can even remove the need to visit the desk, can allow appropriate scheduling if a visit is necessary, and consequently minimises user inconvenience and downtime.

This has a tangible effect on cost-of-ownership, and can have a positive, if subjective, effect on the Public Relations of the IT Department.

Contract Take-on costs

Professional services organisations will always insist on a period of due diligence following contract engagement of support or consulting services. This is not intended to display mistrust, but often reflects the uncertainty of the quantity or nature of the installed base. Furthermore, if a services organisation is unsure of the product nature or mix, the temptation is to price defensively, assuming that the picture of the installed base is worse than has been painted.

By providing an accurate asset management register, the contract take-on costs should be reduced, and the partnership should also be initiated in an atmosphere of trust and mutual understanding of the installed base.

Across Whole Base?

There are many customers with a mix of new and old systems, some capable of providing full asset management information, while others are only able to provide basic information. A key early decision is whether to practice asset management only on new systems, or across the whole asset base. Most clients install across the whole base, allowing a lowest common denominator degree of information across all systems, and more in-depth on the more recent systems.

As the older equipment is refreshed, the replacement systems will be able to provide more complete information, providing a complete asset manageable installed base at a planned point.

Moves and Changes

Asset Management allows more control of moves and changes. Any unauthorised system changes or movements can be detected automatically, and any authorised moves and changes can be planned and executed with minimal user interaction.

Armed with the number and type of assets in each department, moves can be planned taking account of the number of systems, locations, and the space required for each user (e.g. a desktop will need a dedicated desk, but a laptop user may hot-desk).

Proactive Management

Proactive management of the asset base allows the number and use of support staff to be reviewed. This approach allows the IT department to add more user-value in the form of remedies and changes prior to failure or requirement, and also decreases the amount of reactive support required. This reduction in support allows the freed resource to look at other ways to provide support and strategy to the user community, changing the role of IT support from reactive fixers to proactive advisors.

The asset information can be used to provide a rolling or phased upgrade programme, recognising that software upgrade and maintenance can lead to a different set of requirements of the hardware. An informed decision can then be taken to upgrade memory/disk, for example, at mid product lifecycle, or replace the whole asset at end of product lifecycle. Furthermore, the appropriate type of memory or disk can be scheduled to arrive at desk-side at the same time as an installation engineer, further reducing user downtime, and improving IT response.

Summary

The correct choice of Asset Management software and processes can add significant value to the IT Department and user community. The ability to create these processes, choose appropriate software and enterprise management packages, and implement the total solution is an advanced consulting skill, which FCSL can provide.

The benefits which can be gained from the correct asset management approach include:

No attempt has been made to discuss specific software packages in this document. They are many and varied, have a multitude of features and benefits, and have different levels of support for different types of asset. Different clients have different requirements from asset management software, and consequently it would be inappropriate to recommend any package until all the parameters and requirement are assessed and discussed.

 

 

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