Cloud Asset Management Software: What You Need To Know

Cloud Asset Management Software: What You Need To Know
6 min read
12 September 2022

Mostly, people think of cloud computing as something that is purely beneficial to the company's bottom line. However, a good cloud asset management software can help you be more productive and save money in the long-term. This article breaks down what a cloud asset management software is and how it could benefit your business in the future.

What is cloud asset management software?

Cloud asset management (CAM) software is a suite of tools used to manage and monitor digital assets, such as files, folders, images, and videos, in the cloud. CAM software helps users track and manage their digital assets from anywhere in the world. 

The most popular CAM software suites include Adobe Acrobat Pro DC, Apple Photos for iCloud, CorelDRAW Graphics Suite X6, Google Drive, Microsoft OneDrive for Business, and Pixlr Express. Each suite has its own features and benefits that make it unique. 

To help you decide which CAM software is right for your business, we’ve outlined the key features of each product below. Adobe Acrobat Pro DC: Adobe Acrobat Pro DC is a versatile CAM tool that lets you create and edit PDF files. 

You can use it to create custom reports and dashboards to monitor your digital assets, as well as access and share documents with colleagues. Adobe Acrobat Pro DC also includes tools to protect your files from unauthorised access. Apple Photos for iCloud: Apple Photos for iCloud is a CAM tool that lets you manage photos and videos stored in iCloud. You can use it to create custom reports and

Benefits of cloud asset management software

There are many benefits to using cloud asset management (CAM) software. These systems can help managers track and manage assets, including physical objects, software licences, and data files. They can also automate tasks related to asset management, such as retrieving information about an object or tracking its use. In addition, CAM systems can provide valuable insights into the behaviour of assets and help managers make better decisions about their use. Some of the main benefits of using a CAM system include the following: 

  1. Increased efficiency and accuracy. CAM systems can streamline the process of managing assets by automating tasks such as tracking usage and retrieving information about an object. This can help optimise resources and save time overall. 
  2. Better decision-making. CAM systems can provide valuable insights into the behaviour of assets and help managers make better decisions about their use. For example, they can help identify which assets are being used most frequently and determine which ones should be upgraded or replaced. 
  3. Increased security. CAM systems can help protect assets from theft or damage by tracking their location and status. This can prevent unauthorised users from accessing or damaging objects that are important to businesses.

Types of cloud asset management software

Cloud asset management software allows users to manage and track physical and digital assets in the cloud. There are two main types of cloud asset management software: enterprise resource planning (ERP) and content management systems (CMS). 

ERP software enables companies to manage all their business processes, including procurement, manufacturing, sales, and distribution. CMSs enable companies to create a website or online store from scratch, or to improve an existing website. 

There are several different types of ERP and CMS software available. Some popular options include Salesforce, Microsoft Dynamics CRM, IBM Cognos Dexterity, Oracle Fusion Middleware, SAP NetWeaver Abdulaziz and Oracle E-Business Suite. 

Depending on your needs, you may need to choose one or more of these programs. Some of the benefits of using cloud asset management software include: - streamlined operations: With cloud asset management software, businesses can centralise their operations by managing their assets in the cloud. 

This allows for faster decision making and better execution. - increased efficiency: Cloud asset management software can help businesses save time by automating business processes. This reduces the amount of time employees need to spend on tasks that could be handled by the software

How to choose the right cloud asset management platform and why you need one

Cloud asset management (CAM) software is essential for any business that manages or stores digital assets. These assets may include anything from customer data to intellectual property. Here are three things to consider when choosing a CAM platform: 

Functionality: What functionality do you need the platform to provide? Do you need a way to manage files, images, and documents? Do you need a way to automate tasks like archiving and backups? Security: How secure is the platform? 

Is it capable of encrypting data? Is it HIPAA compliant? Reporting: Does the platform offer robust reporting capabilities? Is it easy to export data into various formats (PDF, XLS, etc.) for analysis?

What are the features in a good cloud asset management platform?

One of the key benefits of using a cloud asset management platform is the ability to keep track of all your assets in one place. Some features that are common in this type of platform include the ability to manage files, images, and videos; tracking updates; and creating reports. 

Additionally, many platforms offer integrations with other software, such as accounting and storage solutions, so you can easily manage your entire business across multiple platforms.

Do I need an experienced team for my business to use cloud asset management software?

Some businesses may find that they don't need the experience or resources of an experienced team to use cloud asset management software. However, if your business is reliant on images, videos, or other digital assets that must be tracked and managed securely, then you'll likely benefit from the capabilities of a cloud asset management solution.

 

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