Too many organisations are overspending on IT and increasing business risk by depending on outdated and inadequate IT asset management models, according to Valene Nagiah, head of V-Track asset tracking and management.
Nagiah emphasizes that smart IT asset management is critical for security and cost control. Without full visibility, companies face vulnerabilities from unpatched software and hardware, leading to potential breaches.
Effective asset tracking helps organizations optimize spending by eliminating redundant licenses and underutilized equipment, while also ensuring compliance with regulations.
Nagiah's comments come amid growing cybersecurity threats where unknown assets are a primary attack vector. Industry reports confirm that organizations with complete asset inventories reduce breach costs significantly.
