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What is OpenText Asset Management X?

An IT asset management (ITAM) solution, whether SaaS-based or on-premises, provides a comprehensive approach to overseeing hardware, software, and contracts while minimizing expenses. By implementing a cloud-based or traditional ITAM/SAM solution, organizations can effectively manage their hardware assets and streamline cost control. Through software asset management, you can monitor license numbers and ensure compliance with installed software applications. It is crucial to optimize total cost of ownership (TCO), return on investment (ROI), depreciation, and hardware expenses to maximize the value derived from IT asset investments. To achieve a holistic view of ITAM, integrating data regarding contracts, procurement, assets, vendors, and budgets enables more informed decision-making. Additionally, creating vendor catalogs simplifies the approval of purchase options, facilitates the entry of received assets into inventory, and allows for tracking service tickets linked to those assets. You can also evaluate the anticipated value of each asset over time, allocate costs to respective cost centers, and gain deeper insights into your financial assets, ultimately enhancing your strategic asset management approach. The combination of these practices will lead to a more efficient and cost-effective IT asset management process.

What is HCL Z Asset Optimizer (ZAO)?

Prevent your Z System from being overloaded with outdated and superfluous software by optimizing the value derived from your Mainframe systems; this can be accomplished by promoting sustained innovation and rapid deployment through a thorough IT asset management strategy that focuses on the most beneficial software resources for your organization. This approach not only streamlines software costs and simplifies asset management tasks but also ensures that you can easily comply with software vendor audits. ZAO efficiently compiles an accurate inventory of software assets across all mainframe systems by running a batch job that detects loadable programs within zOS® data sets and z/OS UNIX Systems Services file systems. By consistently monitoring and reporting the usage of each asset, you gain valuable insights into software asset performance. In addition, ZAO enables you to incorporate licensing information for your vendor software assets, which is then cross-checked against the inventory and usage metrics of your mainframe systems to reveal areas for optimization and potential audit vulnerabilities. Implementing this comprehensive program not only boosts operational efficiency but also fortifies compliance and promotes strategic allocation of resources, ultimately positioning your organization for sustained success in a competitive landscape. Additionally, this proactive approach allows for timely adjustments to ever-evolving software needs, ensuring that your organization remains agile and responsive in the face of change.

Media

Media

Integrations Supported

Additional information not provided

Integrations Supported

Additional information not provided

API Availability

API Availability

Pricing Information

Pricing not provided
Free Trial Offered?

Pricing Information

Pricing not provided

Supported Platforms

SaaS
On-Prem

Supported Platforms

SaaS

Customer Service / Support

Standard Support
Web-Based Support

Customer Service / Support

Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training

Company Facts

Organization Name

OpenText

Date Founded

1991

Company Location

Canada

Company Website

www.opentext.com/products/asset-management-x

Company Facts

Organization Name

HCL Software

Date Founded

1976

Company Location

Italy

Company Website

www.hcltechsw.com/zao

Categories and Features

Categories and Features

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