Glossary

What is an IT Asset?

An IT asset is any company-owned hardware, system, or information that is used by an organization in the course of its business operations and activities.

IT assets include, but are not limited to:

• Infrastructure hardware such as routers, switches, servers, and data centers
• In-house software applications
• Third-party software licenses
• Company-owned devices such as laptop and desktop computers
• Digital data

IT assets are tracked using an IT asset inventory and are managed according to an organization’s IT asset management (ITAM) system.