Information Technology Asset Management Information Technology Asset Management is the practice dedicated to saving money on outdated or duplicate software licenses. You might have a saving of 30% buried in your company. Who can dig out that saving? Our guest Jeremy Boerger. Summary of the Podcast Introductions and small talk * The participants, Jeremy Boerger, Kevin Appleby, and Graham Arrowsmith, engage in some initial small talk about locations, conferences, and sports teams. * They establish that Jeremy is an expert in IT asset management based in Cincinnati, Ohio. The value of Information technology asset management * Jeremy explains that his specialty is hardware and software asset management. * His aim is to reduce the total cost of operating a company's IT infrastructure. * He cites a Gartner study estimating that companies can save 28-32% on their IT budgets by implementing proper asset management practices. Case study: Saving a hospital $1.5 million * Jeremy shares a case study of a hospital that was able to reduce its Office 365 software license costs. * He saved them a staggering $1.5 million over 3 years by closely analysing usage and optimising their license agreements. The shift to subscription-based software * The discussion turns to the challenges of managing subscription-based software. * Companies often continue paying for unused or redundant tools. * Kevin and Jeremy discuss the tendency for companies to be hesitant to review and optimise their software portfolios. Applying AI and automation to asset management * Jeremy suggests that asset management teams should leverage AI. * He also recommends using data analytics to become a "digital twin" of the computing environment. * This automatically monitors usage patterns and identifies optimisation opportunities. Recap and next steps * The participants wrap up the discussion, with Graham expressing interest in having Jeremy provide consulting services. * Jeremy provides his contact information. * He offers to provide free consulting to help companies get started on optimising their software costs. Clips from the Podcast Reducing the Cost of Operation https://thenext100days.org/wp-content/uploads/2024/07/Jeremy-Boerger-Basics.mp4   2016 Study by Gartner https://thenext100days.org/wp-content/uploads/2024/07/Jeremy-Boerger-2016-Gartner-Study.mp4   Hospital Saves a Wing's Worth https://thenext100days.org/wp-content/uploads/2024/07/Jeremy-Boaerger-Saves-a-Hospital.mp4   Testimonial from Jeremy Boerger https://thenext100days.org/wp-content/uploads/2024/07/Jeremy-Boerger-ITAM-Testimonial.mp4   Other Related Podcasts: https://thenext100days.org/432-martin-rides-data-software https://thenext100days.org/420-david-oates-yavica   The Next 100 Days Podcast Co-Hosts Graham Arrowsmith Graham is "The High Net Worth Data Guy" who founded a href="https://finelyfettled.