The Hewlett-Packard Company offers a range of solutions that help businesses measure, evaluate, and manage their Internet technology assets. One such product, called the HP Asset Manager, is an electronic tool that allows executives to track an IT asset throughout its entire life cycle. It provides highly detailed information, including who is using assets and when and how they are being used.
In addition, the HP Asset Manager analyzes the IT asset’s total cost, as well as the return on investment it provides. The goal of the tool is to assist companies with effective allocation of IT assets and improve purchasing decisions through revealing the true cost-benefit ratio of specific resources.