Which ISO Standard Deals with IT Asset Management?

Which ISO Standard Deals with IT Asset Management?

If you’ve been expanding your company, you may have heard of the importance of following ISO standards. They’re especially important in the world of IT, where data compliance is crucial in a world where cybersecurity concerns are more vital than ever. Plus, it’s essential to optimize your business processes as a whole to ensure the best performance and bottom line. 

In this article, we’ll explore the ISO standards that deal with IT asset management, an important process of tracking and optimizing the computer equipment you own throughout its lifecycle. Stick around until the end to get all the details.

What Is the ISO Description of Asset Management?

Under ISO standards, asset management is typically broken down into two parts. 

The first portion is value. ISO standards state that IT asset management isn’t so much about the asset itself but the value it provides for a business. Therefore, optimizing IT assets for performance and managing your investments is all from the perspective of value. 

The second portion is alignment. This involves aligning your organizational goals with the technical and financial processes involved in the management and tracking of IT assets. Essentially, all of your processes should help you achieve your business goals.

What Is the ISO Standard for Asset Management?

When looking at ISO standards for IT asset management, they’re systems that will help you implement, outline, and improve asset management systems throughout your organization. It’s essential to optimize these processes to get the best results, which is why ISO systems can help. 

What Is ISO 55000 Standard for Asset Management?

When reviewing the ISO 55000 asset management PDF, you’ll see that this section defines what asset management is and the standard terms and definitions. The ISO 55000 checklist within these guidelines can be given to your teams to ensure everyone is on the same page about what these processes are and how they benefit an organization.

ISO 55000 Certification Requirements

If you’ve heard of the ISO 55000 certification, you may be wondering what the requirements are to receive it for your business. There aren’t many specific requirements under the 55000 section other than knowing the appropriate terms. The real requirements come in at ISO 55001 when the core asset management policies and procedures are introduced.

Which ISO Standard is the Standard for Asset and Inventory Management?

The primary ISO standard that you must be compliant with for IT asset and inventory management is ISO 55001. This is the section where you will receive an entire framework for success to help you achieve your company objectives. Let’s take a deeper look into what ISO 55001 entails

What Are the Main Objectives and Main Pillars of ISO 55001?

The primary objective of ISO 55001 is to help you get the most value out of the IT assets you own. This section helps you optimize your IT asset management systems around four key pillars. Those include:

  • Value
  • Alignment
  • Leadership
  • Assurance


We covered value and alignment earlier, which are the two primary pillars of asset management. In addition, this section also introduces the importance of leadership to help achieve those core objectives and how assurance and confidence in your systems create organizational success. 

ISO 55001 Audit Checklist

If you were going to complete an audit to ensure you are complying with the standards of ISO 55001, here are some core systems you’ll want to ensure you have in place. 

  • Improvement processes to ensure you are always revising systems and striving for top company performance. 
  • Measurement systems to accurately track how your IT assets are performing and the value they provide. 
  • Competence checks during training and after updates to policies to ensure all employees are knowledgeable in core asset management processes. 
  • Coordination of the right support tools to make systems easier to manage. 
  • Organization, such as an asset inventory and schedules, to keep everyone on the same page. 
  • Processes and procedures outlined in an asset management policy to ensure compliance. 
  • Foundational documents with information about assets and outlining your core IT asset management system. 


While this checklist is a great start, there are many intricacies to implementing this system. Our team at Multiply can help you each step of the way if you need more guidance.

What Is the ISO Standard for Cybersecurity?

ISO 27001 is the standard system for cybersecurity. This section outlines how to develop an information security management system (ISMS), conduct risk assessments, and implement security controls to ensure data security throughout an organization.

What Is ISO 17025 2017 a Standard For?

ISO 17025:2017 is applicable to businesses that run laboratories. For instance, scientific organizations that run experiments or pharmacological organizations that work on developing new medications. These regulations are important to manage the processes, procedures, technology, and materials used in these detailed operations.

Who Uses ISO Standards?

ISO standards are very common in medical, energy management, and socially responsible organizations. However, many companies in nearly every industry can benefit from them, especially in terms of IT asset management, to optimize your processes and procedures for success. 

If you need a team that’s well-versed in ISO standards and many other core processes involved in IT asset management, Multiply can be a great partner to help you succeed.

How Multiply Can Help

At Multiply, we’re a team of IT consultants and senior service technicians. We partner with companies to help streamline their IT asset and data management systems. We help you get the most value out of the computer equipment you invest in while creating a more organized and efficient work environment for your employees. 

We can help with:

  • Audits for compliance 
  • Asset discovery
  • Asset inventory creation
  • Negotiation with vendors
  • Bridging communication between teams
  • And more

We’ll be by your side each step of the way to ensure you make the best decisions when it comes to your IT assets. Contact us today to learn more!

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