Xraised Podcast Recap: Revolutionizing IT Asset Management with Jeremy Boerger
Recently, Jeremy Boerger, founder of Boerger Consulting, joined the Xraised podcast to share his insights on how businesses can take control of their IT spending through a proactive approach to IT Asset Management (ITAM).
During the podcast, Jeremy discussed the hidden costs in IT environments, the challenges of managing cloud assets, and the steps organizations can take to reduce waste while maintaining compliance. As he explained, “Most companies don’t realize how much they’re overspending until it’s too late.” With a strategic approach, those costs can be brought under control.
The Hidden Costs Lurking in IT Environments
One of the biggest issues in IT management is how small, untracked expenses quietly drain budgets. “It’s not just about the big-ticket items,” Boerger explains during the podcast. “It’s the small, untracked expenses—licenses no one uses, redundant software, and underutilized hardware—that really add up.”
In one instance, a client saved over $300,000 annually simply by auditing their software licenses and cutting out unused subscriptions. “Most organizations don’t realize they’re paying for things they don’t use. Once those gaps are identified, the savings become immediate,” Boerger emphasizes.
Why a Proactive ITAM Strategy is Essential
A reactive approach to IT asset management can be costly. “Waiting until you get an audit letter isn’t a strategy,” Boerger points out during the podcast. “By then, the damage is already done.”
A proactive ITAM framework involves continuous monitoring, regular audits, and clear processes for tracking every asset. This kind of system not only reduces costs but also mitigates the risks associated with audits and compliance issues.
One area of concern is cloud management. According to Boerger, “The cloud has made things trickier. People think moving to the cloud means less management, but it often means more complexity.” Hybrid work environments and cloud services can lead to asset mismanagement without proper oversight.
Five Practical Steps to Control IT Budgets
Organizations looking to control their IT budgets can follow these practical steps:
Conduct Regular Asset Audits: Regular audits of hardware and software inventories reveal inefficiencies and reduce waste. “You can’t manage what you don’t measure,” Boerger advises.
Implement Lifecycle Tracking: Track every asset from procurement through retirement. “A lot of companies forget about the end-of-life process, which leads to ghost assets clogging up their system,” Boerger warns.
Automate Where Possible: Manual tracking often leads to errors. Automating asset discovery, compliance tracking, and reporting improves accuracy and efficiency.
Engage with Experts: External expertise can uncover problems that internal teams may miss. “Bringing in someone who knows the terrain can save you time and money,” Boerger suggests.
Keep the C-Suite Informed: Regularly reporting on savings and risk reduction ensures leadership understands the value of ITAM. “If your leadership doesn’t understand the value of ITAM, you won’t get the resources you need,” Boerger emphasizes.
Why ITAM is a Business-Critical Function
IT asset management is often treated as a back-office function, but its impact reaches far beyond that. “At the end of the day, ITAM is about control,” Boerger states during the podcast. “When you control your assets, you control your costs.”
A well-executed ITAM strategy can transform how a business manages its resources. By taking a comprehensive approach to asset tracking and optimization, organizations can reduce costs, improve compliance, and minimize the risks associated with audits and underutilized assets.
To hear more of Jeremy Boerger’s insights and dive deeper into these strategies, be sure to check out the full episode of the Xraised podcast!
