Cherwell Asset Management (discontinued) vs. Tivoli Asset Management for IT (Discontinued)

For small industries, it can prove to be a better solution as Cherwell offers comparatively affordable costs for small organizations. But for larger companies, there are many other solutions available in the market that are less complex and offer a variety of additional features. It can be a little complex to use because of its high configuration.

Incentivized

Tivoli Asset Management for IT can be used very well in a big datacenter to easily manage assets. For linear assets there are other Tivoli Asset Manager products available such as for transportation domain, oil and gas. For a small scale industry, Tivoli Asset management solution is not a big help.

Incentivized

• Automation
• Integrating with other systems
• Full control over how ITSM platform is set up and used

• The first and foremost is Tivoli Asset Management has a rich set of software catalogs available in the market. On top of it IBM, publishes the latest and greatest often to add/include in the catalog bucket.
• Easy to integrate with any asset management solution.
• Can take benefit of all asset module solutions such as procurement, invoicing, PO, receivables, asset lifecyle, vendor and contract management using Tivoli Asset Management.

Incentivized

• Very costly licenses.
• Requires comparatively high amount of configuration.
• Comparatively complex to use other solutions available in market.

Incentivized

• Software bundling can be handled in a better way
• Should eliminate rotating/non-rotating items concepts or should have an easy way to receive assets
• Asset Topology can be introduced to see the dependencies between related assets

Incentivized

Cherwell support has been excellent! Always available to take our emails and calls and get back to us quickly.

Cherwell Asset Management is a quite known and affordable solution for Asset management for organizations where there are more than 800-1000 users as it provides a complete integrated solution. There are many additional features that are available in Cherwell which is not available in other solution, like tracking of cost, management of procurement, etc.

Incentivized

Tivoli Asset Management is comparatively cheap and easy to implement with a rich set of complementing modules. It can also be integrated easily with other asset management solutions and act as a single source of truth for other PMP processes

Incentivized

• Consolidated other systems into a single platform

• By tracking software assets, we are able to easily manage the license compliance
• By getting the over/under allocation metrics we are able to get full control on asset procurement
• Recycle/Reuse asset procedures made simple

Incentivized