
Cloud Asset Management brings you accurate inventory and vendor management. An accurate inventory is not only a requirement for cyber security but also ITAM, FinOps, compliance, and the service desk. For an inventory to be accurate, it must be continuously updated as the state of assets changes. These updates require lifecycle management of cloud assets, starting with "I think I need it" through and past disposal.
Vendor management is an ITAM best practice but is rarely practiced, except for IT asset managers who manage the disposal of hardware assets. A critical difference between Cloud Asset Management and SAM or HAM is the requirement to manage a product AND a service. SAM and HAM primarily focus on managing products – software and hardware.
