The objective of the standard is to give organizations of all sizes information and assistance to assist at the risk and cost minimization of ITAM assets. Through implementation, these same organizations will acquire a competitive...

The objective of the standard is to give organizations of all sizes information and assistance to assist at the risk and cost minimization of ITAM assets. Through implementation, these same organizations will acquire a competitive advantage. The ISO/IEC 19770 specifies requirements for an IT asset management system (ITAM), which addresses both the processes and technology for managing software assets and related IT assets. A certified ISO 19770 auditor helps implementing effective IT Asset management system that belongs to the IT and Software industries of any size of the organization and can be integrated with the other management systems. The ISO 19770 Standard is sufficient to satisfy corporate governance requirements and ensure effective support for IT asset management.