As organizations heavily transitioned IT equipment in the early 1990s from a mainframe to a distributed network environment, Duff & Phelps became a pioneer in IT asset inventory tracking and management. The asset proliferation occurred throughout enterprises and across global locations creating a significant tracking and management challenge.
To address the significant gaps in asset visibility, Duff & Phelps developed industry leading IT asset inventory tracking and management services that deliver superior quality in a concise timeframe, with minimal disruption to clients’ operating environments. Our experience encompasses over 1,200 engagements and millions of assets inventoried. Our high-quality IT asset inventory data allows clients to improve asset tracking, effectively manage the total cost of technology ownership and efficiently perform inventory audit requirements.
Our services include:
- Comprehensive and customized project planning utilizing Project Management Professional (PMP®) methodologies;
- Utilization of tablet technology with our Inventory Reconciliation Insurance Solution (IRIS) inventory software to optimize data integrity;
- Off-site quality assurance to review every record and validate accuracy;
- Data delivered in the layout required to populate an IT asset management (ITAM) database or other systems;
- Reconciliation services to validate the effectiveness of asset tracking procedures (lease files, financial records, software licenses, etc.); and
- Dynamic barcode inventory methodologies and/or RFID tagging solutions.
Following best practices, we deliver accurate, complete and standardized baseline inventory data. We also associate the data to a unique asset tag number (barcode, RFID, etc.) to ensure a fundamentally sound asset tracking foundation. The results provide support for:
- Aligning IT asset investment to global business goals;
- Increasing quality of life-cycle ITAM processes from procurement or lease to retirement;
- Lowering IT operating costs associated with upgrades, maintenance and more;
- Improving the utilization of internal resources for higher-end initiatives;
- Implementing better security protocols around hardware, software and data; and
- Capital budgeting/forecasting, audit and SOX compliance.