ASSET CUSTODIANSHIP & LIFECYCLE MANAGEMENT
An IT service lifecycle defines the management of IT consultancy, software, hardware, and maintenance over the entire lifetime of business systems, from inception, project planning and the design and delivery of the IT system, to its ongoing operation and support.
Lifecycle management systems help businesses to cope with the complexities of new product development in competitive markets and unites people, data, business processes and business systems to architect a central pillar of information.
For many organisations, Asset Custodianship and IT Service Lifecycle Management are two commonly overlooked areas. By adopting an asset custodian and correct lifecycle management principles, organisations can invest proactively rather than reactively, whilst ensuring the asset quality is in line with the business needs and ultimately improve the quality of IT services.