The asset management industry is evolving at unprecedented speed. However, in the process, specific challenges have emerged. As a result, the industry has to embrace a new approach by adapting solutions oriented toward addressing these challenges in a comprehensive manner. Enter GDT, a Texas-based provider of asset management solutions.
GDT recognizes the industry-specific challenges and is committed to providing cutting-edge offerings that address them in a comprehensive manner. GDT approaches asset management as a value-added reseller, systems integrator, and services provider. The strategies are slightly different from the conventional practices.
“Our solutions effectively tackle complexity and drive efficiency by streamlining asset tracking, ensuring data accuracy, and simplifying lifecycle management. By providing a single source of truth and real-time insights, we empower organizations to make informed decisions, optimize costs, and achieve greater compliance and control over their IT assets. The holistic approach not only meets the challenges but also unlocks opportunities for organizations to maximize their IT investments while aligning with business goals,” informs Shawn O’Grady, CEO.
The sheer quantity and variety of IT assets make tracking and maintaining visibility difficult. Organizations struggle to obtain a consolidated view of their IT environment since their hardware, software, licenses, and contracts are dispersed across several suppliers and locations.
Secondly, maintaining accurate and up-to-date data about IT assets is critical for informed decision-making. Manual data entry, lack of synchronization, and data duplication can compromise data accuracy, leading to errors in asset management. The challenge is exacerbated when working between varying OEM and customer datasets.
Furthermore, navigating through the complete lifecycle of assets, from procurement to decommissioning, requires meticulous planning. Organizations often encounter difficulties managing contract renewals, tracking end-of-life dates, and optimizing asset usage.
Besides, cost optimization and spending control often surface as urgent concerns. Balancing the need for sufficient IT resources with cost optimization is a constant challenge. Organizations strive to identify underutilized assets, avoid unnecessary spending, and optimize contracts to achieve maximum ROI.
Dealing with multiple vendors, each with its own processes and platforms can lead to compliance issues and lack of standardization. Enterprises often encounter problems while ensuring compliance with software licenses and maintenance agreements.
GDT offers a comprehensive approach. The ability to play diversified roles as an asset management solution provider is a differentiating aspect of the enterprise. GDT is a systems integrator, value-added reseller, services provider, and conventional asset management firm.
Unlike typical providers, GDT has not restricted its services to identifying inefficiencies or opportunities in the client environment. Instead, the expert team at GDT initiates strategies to implement solutions that directly address the inefficiencies or opportunities discovered earlier.
“GDTamp, our asset management platform, transcends being just a tool. It is an integral part of an interconnected ecosystem that empowers us to tackle identified needs. Consequently, when we leverage GDTamp to pinpoint enhancements, we possess the resources and expertise to enact solutions, eliminating the need for customers to navigate complexities alone. This approach, combined with our core competencies, positions us at the forefront of the IT Asset Management arena. Beyond merely being an isolated service, it’s an intrinsic part of our portfolio that encompasses many different aspects of IT,” informs Dan Mosley, CRO.
The solutions provided by GDT solve the current challenges using a two-fold strategy that leverages both skilled personnel and cutting-edge technology.
CSMs and software experts ensure that robust business processes and procedures tailored to specific requirements are deployed for the client. The process involves aligning technology assets with business objectives, streamlining procurement, decommissioning processes, and establishing proactive contract management.
“GDTamp, our proprietary asset management platform, transforms the manner in which organizations manage their IT assets. It provides a centralized repository of all assets, contracts, licenses, and maintenance agreements, offering real-time visibility into the entire IT ecosystem. The advanced analytics offer insights for effective decision-making, including cost optimization, compliance management, and lifecycle planning. Further, GDTamp’s advanced analytics offer more than just visibility – they provide actionable insights that propel smart decision-making,” continues O’Grady.
Once, a client was struggling with their IT infrastructure. Assets were dispersed, and a consolidated view was impossible regarding inventory and software licenses, leading to inefficiencies, overspending, and non-compliance.
Potential risks were flagged, allowing the client to take proactive measures and achieve cost savings.
As we look ahead to the near future, GDT is positioned to continue its trajectory of growth, innovation, and strategic expansion.