KPI asset management is a system of measuring the performance of assets within an organization. It involves tracking and analyzing key performance indicators (KPIs) to gain insight into how well the assets are performing and how they can be improved.
KPIs can include metrics such as occupancy rate, operational expenses (OPEX), average age of hardware assets, accuracy of CMDB/ITAM tool, cost of asset maintenance, MTBF, MTTR, OEE, and cost to replace vs. repair.