Asset management software is a specialized program designed to monitor and document an asset during the course of its life, from acquisition to disposal. During the projected period, rising need for centralization and automation in IT infrastructure is anticipated to fuel growth of the global IT asset management (ITAM) software market.
The global IT asset management (ITAM) software market was valued US$ 955.6 Mn in 2019 and expected to grow at a CAGR of 6.9% over the forecasted period 2019-27.
Prominent Players in the It Asset Management Software Industry:
1. Snow Software
Snow Software founded in 2013 and its headquarters Austin, Texas USA. The company operates in 30 countries.2018 Snow Software paves way for a new fourth-generation* Software Asset Management platform which extends software license
2. Hewlett Packard Enterprise Development LP
Hewlett Packard Enterprise Development LP founded in 2015, The Hewlett Packard Enterprise Company (HPE) is an American multinational information technology company based in Spring, Texas, United States. The company operates in 80 nations
3. Oracle Corporation
Oracle Corporation was launch in 1977 and it’s headquarter located Austin, Texas, United States.it operate over 45 country.
4. BMC Software Inc
BMC Software Inc was launch in 1980 and it’s headquarters in Houston, Texas, United States.it operate over 85 country.
5. Aspera Technologies Inc
Aspera Technologies Inc was founded 2000 with its headquarters in Emeryville, California , United States. With businesses in over 55 countries. Aspera is a data transport and streaming technology company that provides high speed data transfer services.
6. CA Technologies Inc
CA Technologies Inc was launch in 1976 and its headquarters in New York, New York, United States.it operate over 90 country. CA Technologies is one of the largest independent software companies in the world. The company, which was formerly known as Computer Associates International, is an American multinational publicly held corporation
7. LANDESK Software
LANDESK was established in 1985 as LANSystems, acquired by Intel in 1991 as its LANDESK division, and spun off as an independent company in 2002. Private equity firm Thoma Bravo acquired LANDESK Software in 2011. its headquarters in Salt Lake City, Utah. With businesses in over 55 countries.
*Definition- Asset management software is a dedicated application used to track and record an asset throughout its life cycle, starting from procurement to disposal.