IT departments are losing control of their hardware, and the numbers prove it.
Assets vanish, warranties expire, and downtime hits when devices fail mid-project, leaving IT teams scrambling to manage the aftermath.
Even the public sector isn’t immune. In February 2025, New York state auditors found 17,887 government IT devices were marked absent.
Alarmingly, 82% of them had no known location, and staff could not locate 94 of the 102 devices they tried to find in stockrooms.
If you think missing devices only waste money, you’re wrong. Every missing device is also a security threat because it’s susceptible to data leaks.
The Identity Theft Resource Center logged 3,158 U.S. data compromises last year, essentially flat near record highs.
That’s the day-to-day reality for IT: equipment slips off the radar and ghost assets invisibly keep draining resources, and then expose your company to countless security risks.
Hardware asset management helps you solve these common problems.
It introduces clear inventory, faster deployment, clean retirements, and evidence you can hand to an auditor without breaking stride.
With effective HAM, you not only never lose track of assets, you protect both money and sensitive data.
Let’s learn about Hardware Asset Management and how to implement it in your organization.