The document explains IT asset management (ITAM) and highlights its importance in managing the lifecycle of IT assets including hardware and software. It emphasizes that successful ITAM requires a combination of policies, organization, processes, and systems, and addresses concerns regarding efficiency, risk management, cost reduction, and accountability for IT executives. Additionally, it introduces Miradore, a company established in 2006 that manages over 500,000 devices across 140+ countries, offering ITAM solutions to enhance service delivery efficiency.