Operations | Monitoring | ITSM | DevOps | Cloud

Managed Service Providers or MSPs in asset management, which started as remote IT support and troubleshooting in the 90s, have evolved into one of the most prominent IT business models. According to a Statista’s report, the global MSP market share was valued at 152.02 billion USD in 2020 and is expected to grow close to 274 billion USD by 2026. Rather than just troubleshoot or monitor remote IT systems, MSPs these days offer services that manage the IT infrastructure for organizations entirely.

Some organizations use proactive maintenance strategies for keeping assets in good condition and some use reactive maintenance strategies and other organizations use both these practices. So how will you decide which type of maintenance strategy will work best for your organization that we will cover in this blog! Other than that, we will know the objective of maintenance management, what are the benefits of using reactive & proactive maintenance management. So, let us begin.

The process of managing software assets has become challenging. It requires a lot of work to track each asset’s lifecycle, from the time it has been acquired and installed until renewal or disposal, given the number of software programs even small-sized businesses utilize. IT, Ops, and business teams are under increased pressure to manage their software applications well as firms step up their attempts to undergo digital transformation.

RFID has been used for asset tracking for a long time, especially those organizations which are asset-intensive. RFID technology is used in the form of a tag or label. Although there are two types of RFID that are Active RFID & passive RFID. In this blog, we will know what the difference between Active and Passive RFID is & which one is a better option for your business. So, let us begin!

It does not matter if your organization is small or huge if inventory is a major part of your organization, then you will need inventory management software. If you are into retail business, production, or manufacturing then inventory management software is important. Why? Because it is helpful in keeping track of inventory and it can provide real-time information on inventory availability so that your organization does not suffer from inventory management issues.