When organizations think about AI in IT Asset Management (ITAM), the focus often centers on automation. But the most significant returns come when the analytical power of AI is combined with the strategic insight of specialized ITAM service providers.

The Power of Human and Technology Together

Artificial Intelligence delivers immense value, but it's true potential is unlocked when paired with the expertise of experienced ITAM professionals. This synergy enables deeper license optimization, proactive compliance strategies, smarter procurement decisions, and more effective vendor negotiations.

Here’s how this partnership translates into real financial impact:

1. Strategic Software License Optimization

AI tools quickly process massive datasets to uncover savings opportunities. But it’s the ITAM experts who translate that data into meaningful action.

• Specialists interpret AI-generated license utilization reports and turn them into clear, executable optimization strategies
• Subject matter experts' model various usage scenarios, enabling accurate forecasting and rightsizing to avoid costly true-ups

Financial Impact: Combining AI with expert insight can drive annual license cost savings of 15 to 30 percent, far exceeding tool-only approaches.

2. Proactive Compliance and Risk Mitigation

AI can flag potential compliance gaps instantly. But managing those risks effectively requires expert navigation.

• ITAM professionals use AI insights to anticipate and prepare for audit scenarios, reducing both financial exposure and operational disruptions
• Human-led strategies informed by data ensure organizations are audit-ready and positioned for successful outcomes

Financial Impact: This approach can cut audit-related penalties and financial exposure by up to 70 percent.

3. Smarter Procurement and Vendor Negotiations

While AI provides valuable market benchmarks and demand forecasts, experienced consultants turn that intelligence into real savings.

• Experts leverage AI data to negotiate contracts aligned with future needs and organizational goals
• The human element ensures that deals are not only data-driven but strategically sound

Financial Impact: Expert-guided negotiations using AI insights can reduce vendor spend by up to 20 percent per contract.

Unlocking True Value through Integration

The financial gains from AI in ITAM are maximized through collaboration between smart technology and specialized human expertise. When both work together, organizations see measurable cost savings, stronger compliance, and more efficient budget management.

Is your ITAM strategy tapping into the full potential of this partnership? Connect with Connor to discover how our expert-led ITAM services, enhanced by advanced AI, can deliver real, lasting impact for your business.

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