• Technology
    • Telecoms
      • Broadband
    • EnterpriseTECH
    • ConsumerTech
      • Gadgets and Appliances
      • Apps
      • Accessories
      • Reviews
      • Unboxing
    • Security & Data Protection
    • How To
    • GameTech
  • Business
    • Company News
    • StartUPs
      • Founder’s Story
      • Funding
    • Deals
    • People & Moves
    • SME & Entrepreneur Focus
      • BUSINESS SENSE FOR SMEs
    • Competition & Market Positioning
    • Commerce & Mobility
    • Travel
    • WomenPreneurs
  • Economy
    • Macroeconomic Trends
      • Macro Monday
      • TE Insights
    • Finance
      • Banks
      • Fintech
      • Insurance
      • Digital Assets
      • Personal Finance
    • Policies
      • Tech & Society
    • Market Analysis
    • Jobs & Workforce Economy
  • Features
    • Guest Writer
      • Chidiverse
      • Digital Lens
    • EventDIARY
    • IndustryINFLUENCERS
    • MarkTECH
    • NewsEXTRA
  • About Us
  • Editorial
  • Contact Us
  • Brand Content
  • TECHECONOMY TV
  • TBS
Tech | Business | Economy
  • Technology
    • Telecoms
      • Broadband
    • EnterpriseTECH
    • ConsumerTech
      • Gadgets and Appliances
      • Apps
      • Accessories
      • Reviews
      • Unboxing
    • Security & Data Protection
    • How To
    • GameTech
  • Business
    • Company News
    • StartUPs
      • Founder’s Story
      • Funding
    • Deals
    • People & Moves
    • SME & Entrepreneur Focus
      • BUSINESS SENSE FOR SMEs
    • Competition & Market Positioning
    • Commerce & Mobility
    • Travel
    • WomenPreneurs
  • Economy
    • Macroeconomic Trends
      • Macro Monday
      • TE Insights
    • Finance
      • Banks
      • Fintech
      • Insurance
      • Digital Assets
      • Personal Finance
    • Policies
      • Tech & Society
    • Market Analysis
    • Jobs & Workforce Economy
  • Features
    • Guest Writer
      • Chidiverse
      • Digital Lens
    • EventDIARY
    • IndustryINFLUENCERS
    • MarkTECH
    • NewsEXTRA
  • About Us
  • Editorial
  • Contact Us
  • Brand Content
  • TECHECONOMY TV
  • TBS
No Result
View All Result
  • Technology
    • Telecoms
      • Broadband
    • EnterpriseTECH
    • ConsumerTech
      • Gadgets and Appliances
      • Apps
      • Accessories
      • Reviews
      • Unboxing
    • Security & Data Protection
    • How To
    • GameTech
  • Business
    • Company News
    • StartUPs
      • Founder’s Story
      • Funding
    • Deals
    • People & Moves
    • SME & Entrepreneur Focus
      • BUSINESS SENSE FOR SMEs
    • Competition & Market Positioning
    • Commerce & Mobility
    • Travel
    • WomenPreneurs
  • Economy
    • Macroeconomic Trends
      • Macro Monday
      • TE Insights
    • Finance
      • Banks
      • Fintech
      • Insurance
      • Digital Assets
      • Personal Finance
    • Policies
      • Tech & Society
    • Market Analysis
    • Jobs & Workforce Economy
  • Features
    • Guest Writer
      • Chidiverse
      • Digital Lens
    • EventDIARY
    • IndustryINFLUENCERS
    • MarkTECH
    • NewsEXTRA
  • About Us
  • Editorial
  • Contact Us
  • Brand Content
  • TECHECONOMY TV
  • TBS
No Result
View All Result
Tech | Business | Economy
No Result
View All Result

Your IT Asset Register is Probably Lying to You

Techeconomy by Techeconomy
July 27, 2026
in Guest Writer
0
IT asset

IT assets | Photo: Google

| By: Marcelle Steyn, strategic sales lead at InnoVent

Most CIOs believe they have a technology cost problem but many actually have a visibility problem. The uncomfortable reality is that a surprising amount of technology inside organisations today is either underutilised, misplaced, sitting in storage, assigned incorrectly or no longer being actively used at all.

Yet businesses continue paying for it, managing it and carrying it on their books as if it is delivering value.

The bigger an organisation becomes, the harder this problem becomes to detect. According to Gartner, CIOs in 2026 are under increasing pressure to optimise technology investments while simultaneously supporting growth, cybersecurity and digital transformation initiatives.

Gartner identifies cost optimisation and technology investment efficiency as key priorities for technology leaders navigating economic uncertainty and growing demands on IT budgets.

The challenge is that many organisations cannot optimise what they cannot see. Over time, devices move between departments, employees leave, equipment is replaced, projects end, temporary deployments become permanent and hardware gets stored for future use that never arrives.

What begins as a well governed environment, gradually develops blind spots. The result is what many technology leaders are now discovering: the asset register and the actual environment no longer tell the same story.

This creates a hidden drain on IT budgets. Organisations may be paying for support, maintenance, insurance, storage, management or lease commitments on equipment that is no longer contributing meaningful value. At the same time, procurement teams may be purchasing new devices because existing assets cannot be located or accurately accounted for.

The financial impact can be significant, but the operational impact is often worse. When visibility deteriorates, refresh planning becomes difficult, security risks increase, audits become more complex, asset recovery rates decline and technology decisions become reactive rather than strategic.

Many organisations focus heavily on acquiring technology but spend far less time managing it throughout its lifecycle. That approach made sense when hardware was relatively inexpensive and easy to replace.

In today’s environment, where budgets are under pressure and technology investments face greater scrutiny, every asset needs to justify its existence.

The conversation CIOs should be having is no longer simply about procurement, it’s about accountability.

  • Do you know where every asset is?
  • Do you know who is using it?
  • Do you know whether it is delivering value?
  • Do you know what happens to it when it reaches the end of its useful life?

For many organisations, the honest answer is no.

This is why asset visibility is rapidly becoming a strategic issue rather than an administrative one. The organisations extracting the most value from their technology investments are not necessarily spending more. They are managing what they already have more effectively.

Technology should not disappear into the environment after deployment. It should remain visible, accountable and aligned with business objectives throughout its entire lifecycle.

The irony is that many organisations continue searching for savings in procurement negotiations while significant value remains hidden inside their existing asset base.

Before approving the next technology purchase, it may be worth asking a more difficult question. Are you certain you know what you already own?

  • Facebook
  • Share on X
  • LinkedIn
  • WhatsApp
  • Email
  • Copy Link

Like this:

Like Loading…
Tags: IT asset
Previous Post

NCC Opens Applications for its 4th Hackathon Live Show, theme “Technology without Barriers”

Next Post

The ‘Almajiri Republic’ Rises

Next Post
Almajiri -to-Tech Initiative

The ‘Almajiri Republic’ Rises

Leave a ReplyCancel reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

TECHECONOMY YOUTUBE CHANNEL

Search

No Result
View All Result
  • Technology
  • Business
  • Economy
  • Features
  • About Us
  • Editorial
  • Contact Us
  • Brand Content
  • TECHECONOMY TV
  • TBS

© 2026 Techeconomy - Techeconomy.

No Result
View All Result
  • Technology
    • Telecoms
      • Broadband
    • EnterpriseTECH
    • ConsumerTech
      • Gadgets and Appliances
      • Apps
      • Accessories
      • Reviews
      • Unboxing
    • Security & Data Protection
    • How To
    • GameTech
  • Business
    • Company News
    • StartUPs
      • Founder’s Story
      • Funding
    • Deals
    • People & Moves
    • SME & Entrepreneur Focus
      • BUSINESS SENSE FOR SMEs
    • Competition & Market Positioning
    • Commerce & Mobility
    • Travel
    • WomenPreneurs
  • Economy
    • Macroeconomic Trends
      • Macro Monday
      • TE Insights
    • Finance
      • Banks
      • Fintech
      • Insurance
      • Digital Assets
      • Personal Finance
    • Policies
      • Tech & Society
    • Market Analysis
    • Jobs & Workforce Economy
  • Features
    • Guest Writer
      • Chidiverse
      • Digital Lens
    • EventDIARY
    • IndustryINFLUENCERS
    • MarkTECH
    • NewsEXTRA
  • About Us
  • Editorial
  • Contact Us
  • Brand Content
  • TECHECONOMY TV
  • TBS

© 2026 Techeconomy - Techeconomy.

%d