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Teqtivity Challenges $1.97 Billion ITAM Industry: Why Your CEO Needs to Care

In an industry plagued by complexity and empty buzzwords, Teqtivity is emerging as a bold disruptor in the $1.97 billion IT Asset Management (ITAM) market. The company is challenging industry giants with a refreshingly simple approach that promises to revolutionize how businesses manage their technology assets.

“We’re seeing a crisis of clarity in tech management,” says Hiren Hasmukh, CEO of Teqtivity. “When IT teams can’t communicate effectively with other departments, it leads to misallocated resources, security vulnerabilities, and missed opportunities for innovation. We could use big words, too. We just don’t want to.”

Teqtivity’s stance challenges a long-held industry practice: prioritizing complexity over utility.

The company’s call for clarity comes at a critical time. With cyber threats on the rise and digital transformation accelerating across industries, effective IT asset management has never been more crucial. Yet many businesses struggle to maintain visibility over their tech assets, let alone optimize them.

Teqtivity’s innovative approach addresses key industry pain points:

  • Keeping It Simple: Unlike competitors who hide behind fancy words, Teqtivity offers a straightforward tool that’s easy to use and understand.

  • Talking to Real People: We recognize that humans use our software. We speak directly to the individuals who bear the brunt of ITAM failures, addressing their real-world challenges and frustrations.

  • Tech for Everyone, Not Just IT: While IT teams manage ITAM, its impact spans the entire organization. We ensure our tools foster cross-functional engagement, making tech management accessible and relevant to everyone in the company.

  • Protecting Your Business: With so many cyber attacks these days, it’s crucial to know exactly what tech assets you have and where they are. We help you keep track, which is the first step in keeping your business safe.

Teqtivity’s approach comes at a critical time. Recent regulatory changes, including SEC requirements holding board members responsible for breaches in publicly traded companies, have pushed ITAM into the spotlight. “We’re helping companies track their technology to ensure they’re organized, secure, and compliant,” says Hasmukh. “Critical business processes need clarity, not complexity.”

As Teqtivity continues to challenge the status quo, one thing is clear: the days of accepting complexity as a given in IT asset management are over. For businesses ready to step into a future where technology works for them, not against them, Teqtivity is lighting the way.

About Teqtivity

Teqtivity is a provider of IT asset management (ITAM) solutions designed to help businesses track and manage their IT assets throughout their entire lifecycle. Teqtivity’s software provides businesses with the visibility they need to make informed decisions about their assets, and it helps them to save time and money. To learn more about Teqtivity, please visit www.teqtivity.com.

Press Release by Teqtivity

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Rishi Simbudyal

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