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Dealing with siloed lifecycles can be brutal for asset managers and owners. Considering the amount of new software and hardware, it eats up a lot of time. There are also the constant headaches of using 100s of spreadsheets and dealing with multiple vendors. Managing multiple vendors to ensure software & hardware asset availability and performance is too complicated. Theres a lot of asset data, but theres no system in place to offer insights causing poor asset purchasing decisions. Its becoming impossible to track the whereabouts of your physical assets across multiple locations. Poor user verification protocols are triggering security breaches leading to security & compliance issues.
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