ISO/IEC 19770-1:2017 IT Asset Management (ITAM)
This standard specifies the requirements for the establishment, implementation, maintenance, and improvement of a management system for IT asset management (ITAM), referred to as an IT asset management system.
When an organization is certified to ISO/IEC 20000-1:2018 and ISO/IEC 27001:2013 they have many types of software assets they are using to support their business and their clients. To manage those assets, many organizations implement ISO/IEC 19770-1:2017 ITAM to ensure they are actively and safely managing these assets.
ISO 19770-1:2017 specifies the requirements for the establishment, implementation, maintenance and improvement of a management system for asset management, referred to as an “asset management system”.
This standard includes additional or more detailed requirements that are considered necessary for the management of IT assets.
This ISO standard allows for standardization in IT asset management by allowing for a common, standardized, and measurable approach. But the standard simultaneously allows organizations to adopt a flexible tier-based approach to ITAM. It is useful for every organization looking to ensure maximum value from IT assets while reducing a variety of IT-related risk, including security-related risks.
Having a standardized approach also allows for certification which will be useful for ensuring partners and potential partners have these processes in place; thereby reducing your risk.