The Power of Network Inventory Management in Driving Digital Transformation

Oct 18, 2024

Cloud computing, IoT, 5G, and more. We as a business, hear too many buzzwords day in and out. The digital world is changing, and has been changing ever since. But how can a business stay ahead with so many shifts happening around?

The answer – through network inventory management. It gives businesses more control. It helps them to stay agile while handling all the digital transformations effectively. Wondering how? Keep reading ahead!

 

How can network inventory management can help with digital transformation?

To answer this – remember that, network inventory management is central to digital transformation. Why?

With businesses opting for technologies like IoT, 5G, and cloud computing, their network infrastructures are getting more complex. Hence, there is a requirement of more navigation. And exactly here, this  tools offer both clear visibility and control.

Now let’s look the other way around. As per Slurp’it with no efficient network inventory management, organisations might struggle with network-related challenges. There could be resource inefficiencies or some unanticipated downtime.

On the other hand, when the information is updated (of the network assets), businesses can make informed decisions. If the company is looking forward to aligning their digital transformation strategies with their network infrastructure, they’ll be able to do it all, easily and quickly.

 

Some major components of network inventory management, you must know!

Now let’s get into the critical components that make it effective:

  1. Asset Discovery and Cataloging:
    Identifying and documenting network devices, this is the very first thing and the most important one, these tools do better. Information of routers, switches, and servers are kept up to date. It helps businesses with a centralised view of the entire network infrastructure.
  1. Maintenance and Tracking:
    Its tools regularly updates the information. The most critical ones being – device configurations and software versions. With this, compliance issues may never arise.
  1. Network Topology Mapping:
    These tools also help with visualising the connections between network devices. With this, businesses can quickly identify bottlenecks, if any. Or they can even optimise performance and plan for future infrastructure improvements quickly.
  1. Automated Monitoring and Alerts:
    Last, but the most critical component – proactive monitoring. These tools constantly check out the health of the overall network. It helps businesses to detect and fix issues before they affect operations.

 

What are the benefits of implementing network inventory management?

There are many. But all of it comes with good execution. If you have executed it well, you will get

  • Clear visibility and more control over your network infrastructure
  • With this visibility, you can optimise your resources well and can keep a track on costs
  • Businesses can even cut down the operational costs and free up resources for other strategic initiatives
  • Network inventory management also helps businesses to adopt to new technologies, they can try out cloud computing and IoT quite easily
  • With a clear understanding of assets, the integration of newer technologies gets smoother.

Lastly, proactive monitoring helps businesses address network issues before it even disrupts operations.

 

But, there are a few challenges in implementing it, like:

While the benefits are significant, businesses can even face several challenges in the early implementation stages, like:

  • The networks are getting complex, hence maintaining an accurate and detailed inventory of devices can become overwhelming
  • Many companies use a variety of disparate tools. This makes it difficult to consolidate and analyse network inventory data effectively
  • With new devices, protocols, and standards coming in, IT teams will have to continuously update their inventory management practices
  • Ongoing training and participation is a must here .As per Slurp’it this actually helps with ensuring that all relevant personnel are engaged in the inventory management process.

 

Can any tools or technologies help with better network inventory management?

Yes a lot. As per Slurp’it there are a variety of tools and technologies available to help businesses manage their network inventory better, some popular ones are:

  • Network discovery and mapping software like SolarWinds Network Topology Mapper and ManageEngine OpUtils
  • Configuration and change management tools like Cisco Prime Infrastructure
  • Specialised platforms like Lansweeper and Spiceworks Inventory
  • Cloud-Based solutions like Microsoft Azure Network Watcher and AWS Network Manager.

 

Some future trends you shouldn’t miss out on!

With digital transformation happening at a faster pace, its process will become even more complex. The trends to look out on are:

  1. Integration with AI and analytics
    AI-powered tools will help organisations get deeper insights into network data.
  2. Cloud-Based Solutions
    The shift to the cloud will drive demand for centralised, scalable network inventory management tools.
  3. Integration with ITSM and EAM platforms
    When aligned network inventory with other IT asset management systems, businesses will get a more holistic view of their digital infrastructure.
  4. Increased complexity with iot and edge computing
    The rise of IoT devices and edge computing will require more sophisticated inventory management strategies.

As a business, if you are able to stay ahead of these trends, trust us, you will be better positioned to challenge the digital changes happening. As per Slurp’it just make sure to keep a track of your devices. And the key driver that would help you best here is a network management system, give it a try now! For more information comtact us at Slurp’it!

Slurp’it release updates

The following features & updates have been released over the last months. See our change log for more details:

  • Nautobot plugin support

  • Async implementation for the device finder and data collector for extra speed

  • Corrected multiple Device Type names (thanks to the community)

  • The SNMP tester is now using defined & enabled Transform Rules

  • API pagination is aligned for all Get calls

  • Ruijie & Nokia templates are added

  • Multiple small bugs and improvements

  • Automated disable/delete of unused discovered devices in Netbox

  • Slurp’it SDK.

Weekly Online Workshops

Curious about Slurp’it and how it integrates with your tools? Join us for our weekly online workshops, where we’ll walk you through everything Slurp’it has to offer. Whether you’re just getting started or looking to dive deeper, you can see Slurp’it in action and ask us anything.

Workshops are held every Tuesday at 10 AM CET and Thursday at 4 PM CET.

Autocon2 & Workshop with NetBox Labs & Netpicker

Heading to Autocon2 in Denver in November? Be sure to swing by our booth to say hello! We’re also hosting a special workshop with Mark Coleman from NetBox Labs and Otto Coster from Netpicker on Tuesday morning. It’s a great chance to get hands-on experience with Slurp’it and learn from the experts.

More info: https://networkautomation.forum/autocon2

 

Take care and as usual… Happy discovery!

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