Whether it's hardware, software, or cloud-based tools, partnering with an IT asset management company can help make this area of opijpnerations dramatically simpler for your organization.
More specifically, they can provide full asset visibility, optimize asset usage, extend asset life, increase operational efficiency, and boost ROI while also helping you follow IT asset management best practices.
Below, you’ll find the best asset management companies, along with their key strengths.
Best IT Asset Management Companies Compared
Today’s Top IT Asset Management Providers
- allwhere
- ServiceNow
- Asset Panda
- ManageEngine AssetExplorer
- InvGate Asset Management
- Lansweeper
- IBM Maximo
Best IT Asset Management Companies Compared
1. allwhere - Best for Distributed Organizations Managing the Full Device Lifecycle
If your primary goals are asset distribution, asset tracking, and IT asset lifecycle management, allwhere will likely be at the top of your list.
The main focus of allwhere is end-to-end lifecycle management, which involves:
- Asset procurement
- Deployment
- Inventory management
- Storage
- Retrieval
All the while, you can use built-in asset tracking so you always know where each device is, who has it, when it’s in transit, what condition it’s in, and more. And to simplify the process, all of this can be done conveniently from a single dashboard.
What separates allwhere from the other asset management software and service management platforms on this list is how hands-off it is.
For instance, we:
- Find reputable vendors for you
- Manage logistics
- Handle vendor and employee communication
- Handle device configuration for streamlined onboarding
- Move physical assets from point A to point B
- Provide maintenance and update reminders
- Take care of device retrieval
In terms of global reach, we ship and retrieve assets to over 48 countries, making allwhere ideal if you have a large international workforce.
2. ServiceNow - Best for Large Enterprise ITSM Integration
Here’s a provider that’s perfectly suited for organizations that are dealing with asset management at scale.
With ServiceNow, you can tackle the full spectrum of IT asset management — hardware asset management, software asset management, cloud-based asset management, and even SaaS license management — from a single enterprise-grade platform.
In their own words, “ServiceNow AI Agents automate tasks from planning to end-of-life to improve data accuracy across contracts, costs, and compliance.
ITAM connects to catalogs, Configuration Management Database, and procurement for real-time visibility and smooth collaboration.”
If you’re operating a large enterprise and are looking for maximum control and visibility of your hardware and software asset management system, ServiceNow ITAM software is one of the best options on this list.
Key strengths of this asset management solution include:
- Simplified mapping of asset relationships
- Unified workflows across departments
- Streamlined asset change and incident management
- Built-in vendor contract renewal
ServiceNow also offers detailed asset data insights into security and compliance to help you identify vulnerabilities before it’s too late.
The bottom line is that if you’re looking for a mix of ITAM with ITSM that can accommodate volume, this is a top contender and a platform that’s comparable to Jira Service Management.
3. Asset Panda - Best for Flexible, Customizable Tracking
Geared toward mid-market companies seeking highly customized workflows, Asset Panda offers a simple yet effective platform that takes the chaos out of asset management.
At a glance, Asset Panda can give you detailed asset data, such as:
- Status
- Asset ID
- Asset name
- Asset category
- Asset class
- Department
Like Ezo AssetSonar, it’s highly configurable, even with little to no development knowledge.
And that’s what makes this asset management tool so simple when it comes to creating custom fields and reports that are completely tailored to your workflows without the need for a developer.
And if you have different levels of access control for employees, you can customize access based on company role to maintain tighter security with asset utilization.
We like that Asset Panda offers barcode and QR scanning via an app for iOS and Android, which allows you to conveniently scan in physical assets.
We also like that it keeps detailed records of each asset’s history, which makes auditing a breeze.
Beyond that, this asset management software allows you to track asset depreciation and conveniently attach documents like warranties and receipts.
4. ManageEngine AssetExplorer - Best for Mid-Market IT Teams
Let us start by saying this is a highly robust asset management software platform, especially when you consider its reasonable cost.
The main appeal of ManageEngine AssetExplorer is that you get all of the essentials of asset management software, including high-level visibility and full control over your IT assets without the steep price tag of many other management tools.
And although this company specifically positions itself as an enterprise IT platform, it works perfectly for most mid-market IT teams that don’t want to spend a fortune. Now let’s talk about features.
With this asset management software, you get:
- Automated network discovery of both hardware and software
- Complete hardware and software asset management throughout the entire asset lifecycle
- Asset demand and usage reporting
- Asset usage forecasting to better predict your future needs
- Software license management
- Audit-ready reporting
Besides that, this asset management software also allows you to effortlessly perform vendor tracking, as well as manage contracts and warranties for a full bird’s-eye view of what’s happening at all times.
And if you want to take this platform for a spin before committing, you can take advantage of a free 30-day trial. In terms of platform comparisons, it’s somewhat similar to Alloy Software.
5. InvGate Asset Management - Best for IT Service Desk Alignment
There’s a considerable amount of overlap between InvGate Asset Management (formerly InvGate Insight) and allwhere and ManageEngine in terms of offering high asset visibility and lifecycle management.
And while allwhere is the only provider that actually ships IT assets, there’s a lot to like about InvGate, especially if one of your main focal points is IT service desk alignment.
If you’re at all familiar with InvGate, you’ll know that they offer several quality products, including a virtual service agent, ticket management, asset management (as we’re discussing here), and service management.
What many organizations love about InvGate is that it can be used to handle the essentials like network discovery, lifecycle management, advanced asset tracking, and software license management.
But on top of that, it can be seamlessly integrated with InvGate Service Desk, which means you get:
- Streamlined asset management and service management workflows
- Asset-to-ticket linking
- Detailed ownership visibility information
- Asset performance data for accurately identifying trends
If you’re already an InvGate user or looking for a platform with robust ITAM and IT service desk integration, this can be an excellent option.
6. Lansweeper - Best for Automated Asset Discovery
If comprehensive asset discovery is your main area of focus, where you’re looking for complete, always up-to-date visibility, it doesn’t get much better than this asset management software.
At Lansweeper, their aim is to help you “see every asset [and] eliminate blind spots [by] automatically discovering and cataloging every connected technology asset, known or unknown, managed or unmanaged.”
To accomplish this, Lansweeper offers agentless discovery that’s capable of scanning an impressive 750+ device types, including hardware, software, cloud assets, and more.
With it, you can quickly discover the asset name, type, vulnerabilities, IP address, and what stage it’s at in its OS lifecycle. In turn, you have maximum visibility of your IT environment, and your inventory is always current with no missing gaps.
And whenever new devices or fixed assets are added to your network, this asset management software automatically detects them the second they’re connected with no effort on your end.
Not only does this drastically reduce manual effort and save time, but it also provides an extremely high level of accuracy that’s hard to achieve through human manpower.
7. IBM Maximo - Best for Enterprise Infrastructure At Scale
The final asset management software platform on this list, IBM Maximo, is a heavyweight for enterprise use cases and is the go-to for many organizations who need to perform ITAM at scale.
With decades of industry experience, IBM designed this tool to help you effortlessly manage your IT assets, while optimizing performance, minimizing downtime, and getting the most from the asset lifecycle.
With Maximo, you’re covered for the entire spectrum, including asset procurement, deployment, maintenance, storage, and retirement.
You can leverage advanced AI technology to drastically improve predictive maintenance. You can use real-time asset data to ensure better long-term decision-making. And you can employ built-in management tools to ensure industry compliance and heighten security.
Again, this is a platform that’s built to operate at scale, and it offers support for multiple business entities and multiple locations all over the world.
So if you operate a large enterprise with a complex IT infrastructure or you’re in a highly regulated industry, this asset management software should be a frontrunner for your organization.
Making the Right ITAM Investment
All of the IT asset management services and management tools on this list are vetted and can have a profound impact on your ITAM workflows.
It’s just a matter of knowing what your needs and priorities are and choosing the platform that best aligns with them.

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