OpenText Asset Management
Manage IT assets to reduce compliance risk and optimize IT costs
Overview
Effectively managing IT hardware, software, and SaaS assets is key to optimizing IT spend and reducing regulatory compliance violations, licensing issues, and security risks.
Why OpenText Asset Management?
Spending smarter on IT hardware and software—a top priority of CIOs and VPs of infrastructure and operations—is easier with effective IT asset management throughout the entire asset lifecycle from procurement through disposal.
- $1M+
savings from software license reallocation
Slash license fees and save big with software asset management. - 50%
reduction in acquisition and divestiture assimilation processes
Simplify—and accelerate—your IT asset management processes. - 70%
reduction in license compliance violations
Join the growing list of OpenText customers who report major drops in noncompliance issues.
[OpenText] gave us the opportunity to consolidate asset management, so all our asset data was transferred into [OpenText™ Service Management Premium which includes OpenText Asset Management] which eases the overall process and is more cost-effective.
Read the customer story
Use cases
Managing CapEx, vendor contracts, and asset lifecycles while reducing the risk of over-deployed software causing a license compliance violation is the goal of IT asset management. See how OpenText Asset Management can help you succeed.
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Gain complete visibility across hardware, software, and other assets by combining contract, procurement, vendor, budget information, and even carbon footprint in a central repository.
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Reduce audit risk and increase asset value by tracking software and SaaS license usage to optimize allocation, consumption, and reclamation.
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Ensure appropriate maintenance and SLA levels based on asset roles in your environment and eliminate spend on assets not in use.
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Streamline management of your hardware assets across their lifecycle—reducing costs, optimizing ROI, and making better decisions about budget spend.
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Discover network-connected hardware with OpenText™ Universal Discovery and CMDB, then track assets throughout their active lifecycle until disposal—reducing security risks and data breaches related to lost assets.
Learn more
Key features
Service asset and configuration management
Maintain accurate records of IT assets and their configurations, so all components are identified, tracked, and managed throughout their lifecycle.
Software asset management
Avoid software audit surprises and optimize license costs through detailed license consumption metrics determined by your agreements and contracts and informed through actual utilization.
Hardware asset management
Control the hardware that is being purchased, used, or replaced in your organization by managing the complete asset lifecycle, vendor contracts, and financials for maximum hardware use and value.
Vendor and contract management
Centralize the management of vendors and contracts, including support contracts, to maximize the value of your hardware and software while capitalizing on your vendor relationships and agreements.
Procurement management
Create vendor catalogs for approved purchase options and easily enter received assets into inventory, see stock on hand, or track against service tickets.
Financial management
Assign IT and enterprise assets to cost centers, track depreciation and forecast replacement costs, and map assets against allocated budgets for wiser financial decisions.
How to buy
OpenText Asset Management
Assign costs, track financials, manage asset lifecycles, demonstrate software compliance to contracts, and manage vendors.
Service asset and configuration management  |
|---|
| Vendor management |
| Contract management |
| Procurement management |
| Financial management |
| Idea and proposal management |
| Application portfolio management |
| Software asset management |
| Off cloud |
|---|
| Public cloud |
| Private cloud |
Integrations
Cisco Catalyst Center 
IBM License Metric Tool (ILMT)
Microsoft Intune Microsoft Configuration Manager
JamfAccelerate the value of OpenText Asset Management
Integrations
Expand your security operations capabilities.
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OpenText Universal Discovery and CMDB
OpenText Universal Discovery and CMDB is a vendor-neutral IT discovery and enterprise CMDB software solution. It works seamlessly with IT tools and ITSM platforms already in place, making it easy to discover, map, and manage configuration items across hybrid, network, and multicloud environments.
Deployment
OpenText offers deployment choice and flexibility for OpenText Asset Management.
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Run anywhere and scale globally in the public cloud of your choice
OpenText on public cloud
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Your cloud, your control
OpenText Private Cloud
Professional Services
OpenText Professional Services combines end-to-end solution implementation with comprehensive technology services to help improve systems.
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Get a trusted partner to guide your information management path
Your journey to success
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Accelerate your information management journey
Consulting Services
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Propel your business into the future with modern solutions
NextGen Services
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Unlock the full potential of your information management solution
Customer Success Services
Partners
OpenText helps customers find the right solution, the right support, and the right outcome.
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Search OpenText's Partner directory
Find a Partner
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Explore OpenText's Partner solutions catalog
Application Marketplace
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Industry-leading organizations that enhance OpenText products and solutions
Strategic Partners
Communities
Explore our OpenText communities. Connect with individuals and companies to get insight and support. Get involved in the discussion.
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Discover the latest insights in product development
OpenText technical blogs
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Explore ideas, join discussions, and network
OpenText community
Premium Support
Optimize the value of your OpenText solution with dedicated experts who provide mission-critical support for your complex IT environment.
OpenText Asset Management resources
OpenText Asset Management
Read the product overviewOpenText Asset Management
Read the product overview-
OpenText Asset Management allows you to manage compliance for any commercial software and provides out-of-the-box support for common software titles from Microsoft, Oracle, IBM, VMware, Adobe, Red Hat, Broadcom, and Autodesk. You can easily create your own software license consumption models too.
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Yes, we currently provide SaaS integrations for Microsoft 365, Lucid, Salesforce Sales Cloud, Smartsheet, Asana, Webex, Jira, Zoom, and Wrike—and future releases will support additional SaaS products. Customers can also use our Integration Studio to add integrations based on their unique needs.
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OpenText Asset Management is FedRAMP Authorized as part of the ITMX Platform, which also includes OpenText Service Management, OpenText Universal Discovery and CMDB, and OpenText™ Project and Portfolio Management.
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OpenText Universal Discovery and CMDB can provide complete asset inventory scans for hardware and software in your IT estate. Other assets can be added via existing procurement processes or data repositories such as Microsoft System Center, Intune, Jamf, and BigFix.
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Yes, it supports a variety of contract types, from license and purchase agreements to lease, maintenance warranty, and “master” agreements. It also supports relationships between contracts via parent-child relations.
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Yes, customers can leverage built-in procurement capabilities to define order catalogs, track purchases, reconcile received items against purchase orders, and more. Customers can also integrate with their company's purchasing systems using the Integration Studio.
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