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OpenText Asset Management
What OpenText Asset Management is
OpenText Asset Management is an enterprise IT asset management product for hardware and software, intended to help reduce compliance risk and optimize IT costs. Hardware records can follow assets from procurement through active use and disposal. Software license consumption is tracked against agreements, contracts, and actual utilization to help manage compliance and license spending. Teams can assign assets to cost centers, track depreciation, forecast replacement costs, map assets to budgets, and manage CapEx and OpEx, with carbon impact visibility also included.
The product centralizes vendor and contract records, including support contracts, license and purchase agreements, leases, maintenance warranties, and master agreements. Procurement features include vendor and order catalogs, purchase tracking, and reconciliation of received items against purchase orders. OpenText Universal Discovery and CMDB can scan hardware and software inventories; other assets may come from procurement or repositories such as System Center, Intune, Jamf, and BigFix. Listed integrations include Cisco Catalyst Center, IBM License Metric Tool, Microsoft Intune, Microsoft Configuration Manager, Jamf, and a range of SaaS products. Integration Studio can add custom integrations and connect to company purchasing systems. The product is offered through SaaS delivery and hybrid deployment, including off-cloud, public cloud, or private cloud options. OpenText states it is FedRAMP Authorized as part of the ITMX Platform.
Who it suits
It is aimed at enterprises managing hardware, software licenses, contracts, procurement, and IT asset finances across their operations. The product page identifies CIOs and vice presidents of infrastructure and operations as leaders for whom IT asset management is a priority.
What it does well
- Tracks hardware from procurement through use and disposal.
- Compares license consumption with agreements, contracts, and utilization.
- Connects assets with cost centers, depreciation, budgets, and replacement forecasts.
- Includes procurement catalogs, purchase tracking, and received-item reconciliation.
- Offers named integrations and custom integration through Integration Studio.
- FedRAMP Authorized as part of the ITMX Platform.
What to know first
- Pricing is available only by contacting OpenText.
- No trial duration is provided on the product page.
- Hybrid and SaaS deployment may require enterprise implementation planning.
Plans
| Plan | Billed and limits | Price |
|---|---|---|
| OpenText Asset Management | Contact OpenText for pricing · Enterprise IT asset management · off cloud, public cloud, or private cloud deployment | On request |
As opentext.com lists them, read 12 Oct 2026. The maker's own page has the final word.
Getting started
- Visit the OpenText Asset Management product page.
- Contact OpenText to request pricing or a product demo.
- Discuss SaaS delivery or an off-cloud, public-cloud, or private-cloud deployment.
- Connect relevant discovery sources, repositories, or listed integrations.
- Use Integration Studio to add SaaS or company purchasing-system integrations as needed.
Verdict
Consider OpenText Asset Management if your organization needs centralized control of IT hardware, software licenses, procurement, contracts, and related financials. It is especially relevant to infrastructure and operations leaders; buyers who need an upfront price or a self-serve trial should look elsewhere.
Questions
How is OpenText Asset Management priced?
Pricing is on request. The product page directs prospective customers to contact OpenText.
Is there a free plan or trial?
The listed pricing model is paid. The product page does not provide a trial duration.
What deployment options are available?
The product is available via SaaS delivery and hybrid deployment, with off-cloud, public-cloud, or private-cloud deployment options described.
Which integrations are listed?
Named integrations include Cisco Catalyst Center, IBM License Metric Tool, Microsoft Intune, Microsoft Configuration Manager, and Jamf. The page also lists SaaS integrations including Microsoft 365, Salesforce Sales Cloud, Jira, Zoom, and others.
Can it discover existing IT assets?
OpenText Universal Discovery and CMDB can scan hardware and software inventories. Other assets can be added through procurement or repositories such as System Center, Intune, Jamf, and BigFix.
Who makes OpenText Asset Management?
It is an OpenText product. OpenText says it was founded in 1991 and grew from a partnership between the University of Waterloo and Oxford University.
Facts from OpenText Asset Management's own pages
- Asset discovery
- OpenText Universal Discovery and CMDB can scan hardware and software inventories, while other assets can be added through procurement or repositories such as Microsoft System Center, Intune, Jamf, and BigFix. · opentext.com, 12 Oct 2026
- Asset lifecycle
- It tracks hardware assets from procurement through active use and disposal. · opentext.com, 12 Oct 2026
- Audience
- The product page identifies CIOs and VPs of infrastructure and operations as leaders for whom IT asset management is a priority. · opentext.com, 12 Oct 2026
- Company history
- OpenText says it was founded in 1991 and grew from a University of Waterloo and Oxford University partnership. · opentext.com, 12 Oct 2026
- Contracts
- The product supports license and purchase agreements, leases, maintenance warranties, and master agreements, including parent-child contract relationships. · opentext.com, 12 Oct 2026
- Contracts and vendors
- It centralizes vendor and contract management, including support contracts, and supports license, purchase, lease, maintenance warranty, and master agreements. · opentext.com, 12 Oct 2026
- Contract tracking
- Yes · opentext.com, 23 Sept 2026
- Custom integrations
- Customers can use Integration Studio to add SaaS integrations and connect the product to company purchasing systems. · opentext.com, 12 Oct 2026
- Deployment
- The page lists off-cloud, public-cloud, and private-cloud deployment options. · opentext.com, 12 Oct 2026
- Discovery
- OpenText Universal Discovery and CMDB can scan IT hardware and software inventories, while other assets can be added from procurement processes or repositories such as Microsoft System Center, Intune, Jamf, and BigFix. · opentext.com, 12 Oct 2026
- Financial management
- It assigns assets to cost centers, tracks depreciation, forecasts replacement costs, and maps assets to budgets. · opentext.com, 12 Oct 2026
- Hardware management
- Hardware asset management covers assets being purchased, used, or replaced, including their lifecycle, vendor contracts, and financials. · opentext.com, 12 Oct 2026
- Integrations
- The product page lists Cisco Catalyst Center, IBM License Metric Tool, Microsoft Intune, Microsoft Configuration Manager, and Jamf integrations. · opentext.com, 12 Oct 2026
- Intended users
- The page identifies CIOs and vice presidents of infrastructure and operations as leaders focused on IT asset management. · opentext.com, 12 Oct 2026
- Lifecycle and financials
- It supports asset lifecycle management, cost assignment, financial tracking, CapEx/OpEx control, and carbon impact visibility. · opentext.com, 12 Oct 2026
- Named integrations
- The product page lists Cisco Catalyst Center, IBM License Metric Tool, Microsoft Intune, Microsoft Configuration Manager, and Jamf integrations. · opentext.com, 12 Oct 2026
- Pricing and trial
- The product page directs prospective customers to contact OpenText or request a demo and does not display a price or trial duration. · opentext.com, 12 Oct 2026
- Procurement
- Built-in procurement supports vendor catalogs, order catalogs, purchase tracking, and reconciliation of received items against purchase orders. · opentext.com, 12 Oct 2026
- Purpose
- OpenText Asset Management provides enterprise IT hardware and software asset management to help reduce compliance risk and optimize IT costs. · opentext.com, 12 Oct 2026
- SaaS delivery
- The product page describes the solution as available via SaaS delivery. · opentext.com, 12 Oct 2026
- SaaS integrations
- The page lists integrations for Microsoft 365, Lucid, Salesforce Sales Cloud, Smartsheet, Asana, Webex, Jira, Zoom, and Wrike, and says Integration Studio can add custom integrations. · opentext.com, 12 Oct 2026
- Sales and support
- OpenText offers a product demo by request and describes Premium Support as dedicated assistance for complex IT environments. · opentext.com, 12 Oct 2026
- Security and compliance
- OpenText states that Asset Management is FedRAMP Authorized as part of the ITMX Platform. · opentext.com, 12 Oct 2026
- Security authorization
- OpenText Asset Management is FedRAMP Authorized as part of the ITMX Platform. · opentext.com, 12 Oct 2026
Where OpenText Asset Management stands on Freedom251
- IT Asset Management Software#66 of 112
- IT Vendor Management Software#28 of 41
- IT Asset Management - Enterprise Software#13 of 18
- IT Asset Management - Midmarket Software#19 of 23
- Asset Tracking Software#44 of 52
- Software Asset Management (SAM) Tools#14 of 14