{"id":148348,"date":"2023-08-29T18:39:02","date_gmt":"2023-08-29T21:39:02","guid":{"rendered":"https:\/\/sandbox2.institutopmg.com\/itsm\/asset-management-in-iso-20000\/"},"modified":"2025-12-11T14:46:03","modified_gmt":"2025-12-11T17:46:03","slug":"asset-management-in-iso-20000","status":"publish","type":"post","link":"https:\/\/sandbox2.institutopmg.com\/en\/asset-management-in-iso-20000\/","title":{"rendered":"Asset Management in ISO 20000"},"content":{"rendered":"

Treasure in Tech: Unpacking Asset Management<\/strong><\/p>\n

Welcome aboard, tech enthusiasts! Today, we’re embarking on a journey to discover the hidden treasures of IT \u2013 assets! Now, I’m not talking about pirates and buried gold, but rather the goldmine that is ‘Asset Management’ according to ISO 20000<\/a>.<\/p>\n

Defining the “Asset”<\/strong><\/p>\n

First, let’s clarify the term. An “asset” in the realm of ISO 20000 is an item, thing, or entity that holds potential or actual value to an organization. So, it’s not just the swanky hardware in your server room, but also the software licenses, the in-house applications, and even the processes and knowledge.<\/p>\n

Tangible vs. Intangible: The Two Sides of the Coin<\/strong><\/p>\n

Just like our everyday world, where you have physical items (like that coffee mug on your desk) and intangible feelings (like the caffeine buzz from said coffee), assets too have their physical and intangible sides. Physical assets are the ones you can touch and feel \u2013 think servers, computers, and cables. On the other hand, intangible assets are the invisible forces driving value \u2013 software licenses, brand reputation, and organizational knowledge, to name a few.<\/p>\n

The Asset System: It’s All Connected<\/strong><\/p>\n

While you might consider an individual asset as a lone entity, often they work in tandem with others. This collaborative grouping, my friend, is what’s known as an ‘asset system’. Think of it like a team in a relay race \u2013 each member (or asset) contributes to the race (or service delivery), and the collective team (asset system) ensures the race is completed successfully.<\/p>\n

Identifying Assets: The Who’s Who of IT<\/strong><\/p>\n

It’s essential to pinpoint which assets are paramount in delivering services. You wouldn’t bake a cake without ensuring you have all the ingredients, right? Similarly, to provide impeccable IT services, one must identify and ensure the readiness of all necessary assets.<\/p>\n

Asset Management: The Custodian’s Role<\/strong><\/p>\n

This brings us to the pi\u00e8ce de r\u00e9sistance \u2013 Asset Management. It’s not about merely recognizing assets but ensuring they are managed effectively to meet service requirements and obligations. It’s about understanding the life cycle, performance, risks, and opportunities of each asset and optimizing them for maximum service delivery efficiency.<\/p>\n

\n

Final Bytes<\/strong><\/p>\n

In the digital landscape, where services are the kingpin of value delivery, assets become the unsung heroes. By effectively managing these assets, as outlined by ISO<\/a> 20000:2018, organizations can ensure that they are not just delivering services, but excelling in them.<\/p>\n","protected":false},"excerpt":{"rendered":"

Treasure in Tech: Unpacking Asset Management Welcome aboard, tech enthusiasts! Today, we’re embarking on a journey to discover the hidden treasures of IT \u2013 assets! Now, I’m not talking about pirates and buried gold, but rather the goldmine that is ‘Asset Management’ according to ISO 20000. Defining the “Asset” First, let’s clarify the term. An […]<\/p>\n","protected":false},"author":85233,"featured_media":148349,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[9435,9433],"tags":[10380,10423,9618,10309,10424],"class_list":["post-148348","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-iso-20000","category-tutorials","tag-asset-management","tag-intangible-assets","tag-iso-20000-2","tag-it-service-delivery","tag-tangible-assets"],"acf":[],"yoast_head":"\nAsset Management in ISO 20000 - PMG Academy<\/title>\n<meta name=\"description\" content=\"Dive into the world of ISO 20000:2018 and understand the nuances of Asset Management.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/sandbox2.institutopmg.com\/en\/asset-management-in-iso-20000\/\" \/>\n<meta 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