Steps to optimize asset management
The costs and complexities of traditional asset management
Organizations balance a variety of platforms to fulfill different functions—leaving an intricate mix of hardware, software, cloud platforms, and equipment to maintain. With such an expansive landscape, asset management often lacks visibility, integration, and maturity, leading to inefficiencies and missed optimization opportunities. You need a partner that can help you contain the chaos.
Lack of asset management maturity
Pressure to reduce asset spend
Multiple asset management platforms
Asset sprawl
Organizations may use multiple assets to manage functions across the enterprise—from finance to procurement. It’s not always clear how many assets they own, what they’re all used for, and if they’re optimizing usage of each.
With growing pressure to do more with less, the ability to identify and remove underutilized asset licenses that are driving up costs, is no longer a nice to have—it’s an imperative.
When balancing multiple asset management practices, each only shows a piece of the puzzle. When combined with manual processes, organizations are left with limited visibility, potential risk, and low asset management maturity.
Organizations often have existing platforms to manage certain groups of assets, but they operate in silos. While this offers some visibility, it spawns asset snapshots with no overarching, real-time visibility of all your assets.
with Thirdera and ServiceNow
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Landmark: Asset Management Thirdera's Built with ServiceNow offering
Now you can kick your asset management maturity into high gear.
Loss minimization
Fulfillment acceleration
41% reduction in software audits resulting in financial settlements
50% reduction in new hires missing critical software on day one
41%
50%
24% reduction in underutilized or unused SaaS subscription spend
24%
Inventory optimization
Introducing
reduction in software audits resulting in financial settlements
reduction in underutilized or unused SaaS subscription spend
reduction in new hires missing critical software on day one
Every organization is made up of physical and digital assets—all interacting with one another to keep operations moving.
This multifaceted asset landscape is often complex and a thorn in the side to manage.
Thirdera, a Cognizant company, is pioneering a new era of asset management—putting simplicity, speed, and automation at the core.
The current landscape
Four steps to navigate your asset management journey,
With tailored insights and a personalized roadmap, Landmark: Asset Management enables businesses to streamline their asset management, reduce inefficiencies, and uncover financial opportunities, all while leveraging the scalability and integration capabilities of ServiceNow.
Scale
Survey your asset management maturity.
Thirdera makes it easy to start your journey and assess your asset management maturity from day one. Through the Landmark Survey, which only takes an hour, we’ll gain an understanding of your current capabilities as well as identify your top five long-term goals and top five immediate goals.
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Dissect data to build your asset management roadmap.
Within two to three weeks of completing your Landmark Survey, Thirdera will share a readout of the findings. We thoroughly analyze the data to uncover segment maturity levels, identify opportunity gaps, and recommend areas for improvement. This results in a customized, actionable roadmap designed to accelerate your asset management maturity on the ServiceNow platform.
Centralize your asset management.
With your goals and roadmap in place, it’s time to bring your asset management strategy to life. Thirdera has decades of industry and ServiceNow experience to help centralize your asset management workstreams onto a single platform—identifying and eliminating redundant, costly, or underutilized assets. This opens the door for less platform maintenance and operational cost reductions.
Scale your asset management capabilities.
Thirdera and ServiceNow help identify the total cost of asset management across all your categories and segments—giving you access to robust reporting and dashboards and automating asset tasks to reduce labor overhead. Our progressive approach flexes to meet your needs by establishing quick wins from the start and offering ongoing guidance for continuous service improvement.
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Centralize
Dissect
Survey
Our strategic partnership
18,000+ ServiceNow certifications and accreditations
30+ years of transforming enterprise business
78 ServiceNow certified apps
21 product line achievements
10 Built with ServiceNow Offerings
#1 ServiceNow authorized training partner globally
Enter a new era of asset management.
Contact us
together.
© 2024 Thirdera. All rights reserved.
A global professional services firm that offers consulting, technical, scientific, and project delivery solutions was struggling with:
THE CHALLENGE
Hardware refresh procedures and inconsistent asset data accuracy Manual processes hindering the efficiency of hardware refresh workflows Compliance enforcement, requiring ongoing development efforts to address data quality issues and support decision-making processes
By implementing Landmark: Asset Management, a Built with ServiceNow offering, Thirdera provided rapid outputs on current asset management maturity, ROI opportunities, and recommendations.
THE SOLUTION
An in-depth assessment of the client’s ITAM maturity uncovered valuable insights and opportunities for improvement.
Comprehensive evaluation
Swift identification of ROI opportunities helped the client capitalize on hidden potential for maximum impact.
ROI calculations
Using insights from the assessment, we developed a tailored roadmap for centralized asset management with a clear path to asset management excellence.
Actionable roadmap
THE results
65%
reduction in annual spend on unaccounted hardware assets
35%
improvement in hardware asset manager efficiency
10%
reduction in hardware request cycle time
Case Study
Accelerating asset management maturity in professional services.
THE OFFERING IN ACTION
BY THE NUMBERS
Every organization is made up of physical and digital assets—all interacting with one another to keep operations moving and ultimately drive value for your customers. But the truth is, this multifaceted landscape of assets is often a thorn in the side to manage. In this era of technology, where automation, intelligence, and connected systems drive success, asset management must evolve too. Thirdera, a Cognizant company, has leveraged decades of industry expertise and the power of the ServiceNow platform to pioneer this new era of asset management—putting simplicity, speed, and automation at its core.
Organizations often have multiple assets to manage functions across the organization—from finance to procurement. It’s not always clear how many assets they own, what they’re all used for, and if they’re optimizing usage of each.
Organizations today are facing pressure to do more with less. The ability to identify and remove duplicative or underutilized asset licenses that are driving up costs, with little to no ROI, is no longer a nice to have—it’s an imperative.
With multiple asset management practices, each often only shows a piece of the puzzle. Processes can be highly manual, scattered across various systems, or include poor decision support, leaving you with limited visibility, potential risk exposure, and low asset management maturity.
Organizations often have existing platforms to manage certain groups of assets, but they operate in silos. You may have one that manages hardware, one that manages software, and so on. While this visibility is helpful, it spawns asset snapshots with no overarching, real-time visibility of all your assets.
But the truth is, this multifaceted landscape of assets is often a thorn in the side to manage. In this era of technology, where automation, intelligence, and connected systems drive success, asset management must evolve too.
Thirdera, a Cognizant company, has leveraged decades of industry expertise and the power of the ServiceNow platform to pioneer this new era of asset management—putting simplicity, speed, and automation at its core.
Every organization is made up of physical and digital assets—all interacting with one another to keep operations moving and ultimately drive value for your customers.
Navigating your asset management journey, together.
Assess your asset management maturity.
Scale asset management capabilities with a progressive approach.
Think about your current asset management processes. What insights are you able to yield—do they give you what you need to make informed decisions? Without real-time insights into your current asset management state, building a clear roadmap to reach your short- and long-term goals can be nearly impossible. Thirdera makes it easy to start your journey and assess your asset management maturity from day one. By completing the Landmark Survey, which only takes an hour, we’ll gain an understanding of your current capabilities as well as identify your top five long-term goals and top five immediate goals.
Your teams need clear insight to know which strategic goals they’re tracking towards and a vision for how to get there. While a large asset landscape is going to yield a lot of data, knowing where and when to put that data to work to help track towards your strategic goals is key. Within two to three weeks of completing your Landmark Survey, a dedicated Thirdera asset management specialist will provide a detailed readout of the findings. We thoroughly analyze the data to uncover segment maturity levels, identify opportunity gaps, and recommend areas for improvement. This results in a customized, actionable roadmap designed to accelerate your asset management maturity on the ServiceNow platform.
With your goals and roadmap in place, it’s time to bring your asset management strategy to life. With decades of industry experience and ServiceNow capabilities, we’ll help you unlock the power of the ServiceNow platform to the best of its ability—adapting it to your environment, timeline, and goals. Centralizing your asset management workstreams and training on a single platform will help you identify and eliminate redundant, costly, or underutilized assets. This opens the door for less platform maintenance and operational cost reductions.
By scaling your efforts across your entire asset management landscape, those cost savings can scale as well. Thirdera and ServiceNow help you identify the total cost of asset management across all your categories and segments—giving you access to robust reporting and dashboards and automating asset tasks to reduce labor overhead. Our progressive approach flexes to meet your needs and helps establish quick wins from the start. But it doesn’t stop there—our experts offer ongoing guidance on continuous service improvement of your processes and technology.
Learn more
I just thought about when I will get edits for Deloitte and it probably wont be for awhile.
Assess
Our strategic partnership by the numbers
21 Product line achievements
10 Built with ServiceNow offerings
#1 ServiceNow Authorized Training Partner globally
steps to optimize asset management with Landmark: Asset Management
Every organization is made up of physical and digital assets—all interacting with one another to keep operations moving and ultimately drive value for your customers. But the truth is, this multifaceted landscape of assets is often a thorn in the side to manage. In this era of technology, where automation, intelligence, and connected systems drive success, asset management must evolve too.
Thirdera's Built with ServiceNow offering
With multiple asset management practices, each often only shows a piece of the puzzle. Processes can be highly manual, scattered across various systems, or include poor decision support, leaving you with limited visibility and potential risk exposure. This can lead to low asset management maturity—holding organizations back from their efficiency and productivity goals.
Introducing Landmark: Asset Management Thirdera's Built with ServiceNow offering
Technology in the third era: 4 steps to optimize your asset management with Landmark: Asset Management, powered by ServiceNow
Every organization is made up of physical and digital assets—all interacting with one another, and your employees, to keep operations moving and ultimately drive value for your customer. But the truth is, this multifaceted and intertwined landscape of assets is often a thorn in the side to manage. While the growing tech ecosystem shows no signs of slowing down, Thirdera a Cognizant company, has leveraged its decades of industry experience and ServiceNow capabilities to architect the third era of asset management with simplicity, speed, and automation at the center.
The costs and complexities of traditional asset management.
Organizations balance a variety of platforms to fulfill different functions—leaving an intricate mix of hardware, software, cloud platforms, equipment, and supporting services to maintain. With such an expansive landscape, the breadth and depth of asset management practices is typically limited and lacking maturity. Amid rising costs and an intensified focus on ROI and innovation, you can’t afford unwieldy asset management. You need a partner that can help you contain the chaos.
More is not always better. Organizations often have existing platforms to manage certain groups of assets, but they operate in silos. You may have one that manages hardware, one that manages software, and so on. While this visibility is helpful, it spawns asset snapshots with no overarching, real-time visibility of your assets.
With a multitude of asset management practices, they’re often only showing a piece of the larger asset management puzzle. When processes are highly manual, scattered across various systems, or include poor decision support, your asset landscape is exposed to potential risk and limited visibility. This lack of depth and breadth in existing practices generates low asset management maturity—holding organizations back from the efficiency and productivity goals.
Organizations today are facing pressure to do more with less. The ability to identify and remove duplicative or underutilized asset licenses that are driving up spend, with little to no ROI, is no longer a nice to have—it’s an imperative.
