Unified platform for identity, access and devices company JumpCloud Inc. today announced the launch of JumpCloud Asset Management, a new solution that gives information technology teams a simple way to automatically track, manage and report on all IT assets.

The new offering has been designed to allow organizations to move past manual spreadsheets and different point solutions so that instead, they can create one source of truth for all hardware assets, from procurement to retirement.

JumpCloud Asset Management helps organizations optimize costs and streamline compliance while reducing operational inefficiencies by giving IT teams complete visibility and control. The service also allows IT administrators to make smarter budget decisions and ensure every device is accounted for by centralizing asset data.

Benefits include centralized and accurate asset inventory, with users getting a unified view of all IT assets. Managed devices can be automatically tracked and any unmanaged devices or accessories can be easily imported.

JumpCloud Asset Management offers complete asset lifecycle management, with enterprises able to track devices throughout the entire process, from procurement to decommissioning. The solution automates asset discovery and change tracking, along with simplifying reassignments and streamlining the retirement process for departing employees.

On the financial side, enterprises can make data-driven decisions that leverage asset depreciation, replacement schedules and warranty details. According to JumpCloud, the result can help “avoid surprise costs, maximize asset value and align spending with long-term business goals.”

The new service also delivers faster, more efficient IT operations, with real-time tracking and historical data helping IT teams fix issues faster. Doing so cuts down troubleshooting time and alongside JumpCloud’s existing device and access capabilities, IT can manage everything in one place.

“In today’s complex IT landscape, managing hardware assets is more critical — and challenging — than ever,” said Serhat Can, co-founder and director of product management. “JumpCloud Asset Management takes the guesswork out of the process, providing a comprehensive, up-to-date picture of all company-owned devices. This empowers IT teams to be more proactive, efficient and strategic in their asset management.”

JumpCloud is a venture capital-backed company that has raised $408 million over 10 rounds, including a round of $159 million in September 2021. Investors in the company include Sapphire Ventures, Owl Rock Capital Management, Whale Rock Capital Management, Sands Capital Management, Endeavor Catalyst, General Atlantic, BlackRock Inc. and H.I.G. Growth Partners.

Photo: JumpCloud