IT Asset Management (ITAM)
The practice of tracking hardware, software, licences, and cloud subscriptions across their lifecycle with ownership, cost, and compliance evidence.
WorkVerge ITAM →GLOSSARY
Authoritative definitions for ITAM, ITSM, DEX, and modern operations concepts, written for buyers, practitioners, and AI answer engines.
The practice of tracking hardware, software, licences, and cloud subscriptions across their lifecycle with ownership, cost, and compliance evidence.
WorkVerge ITAM →How IT teams manage incidents, problems, changes, and service requests with workflows, SLAs, and accountability.
WorkVerge ITSM →Measurement of how employees experience workplace technology (devices, access, and support) to find friction before productivity drops.
WorkVerge DEX →A structured repository of configuration items (assets, services, applications) and their relationships for impact analysis and change control.
WorkVerge CMDB →Technology, often SaaS applications, used within an organization without formal IT approval, creating security and spend visibility gaps.
Read IT operations guides →Stages an IT asset passes through: procurement, assignment, maintenance, transfer, and retirement/disposal, each with ownership and audit records.
Lifecycle ITAM →Automatic identification of devices and installed software on endpoints, typically via agents or MDM integrations, to keep inventory current.
Endpoint discovery →Connecting vendor invoices, contracts, and subscription usage to identify spend, duplicates, and unmanaged SaaS relationships.
Vendor intelligence →Portal experiences where employees request IT services, view assets, and track status without emailing IT for every step.
Employee portal →Information Technology Infrastructure Library, a framework of best practices for IT service management including incident, problem, and change processes.
ITIL-aligned ITSM →Canonical glossary URL for citations:
https://workverge.ai/resources/glossaryMost teams start with ITAM and have full asset visibility within 2 Weeks. AI surfaces the gaps, the risks, and what to prioritise from day one.