ServiceNow IT Asset Management (ITAM) integrates the physical, technological, contractual, and financial aspects of information technology assets. This solution enables organizations to manage the lifecycle of IT assets from purchase to disposal, providing a comprehensive view of assets throughout their lifecycle. By automating the end-to-end lifecycle for software, hardware, and cloud assets, ServiceNow ITAM optimizes costs and reduces risk. It aligns asset investments with business needs, allowing for quick identification and mitigation of technology risks such as tech debt, shadow tech, vulnerabilities, license compliance, or lost assets. ServiceNow ITAM operates on a single platform, one data model, and one architecture, ensuring that asset workflows are automated at each stage of the asset lifecycle, from procurement to retirement.