{"id":115868,"date":"2024-09-12T12:02:26","date_gmt":"2024-09-12T16:02:26","guid":{"rendered":"https:\/\/jumpcloud.com\/?p=115868"},"modified":"2024-09-26T12:09:06","modified_gmt":"2024-09-26T16:09:06","slug":"what-is-cloud-asset-management-cam","status":"publish","type":"post","link":"https:\/\/jumpcloud.com\/blog\/what-is-cloud-asset-management-cam","title":{"rendered":"What Is Cloud Asset Management (CAM)?"},"content":{"rendered":"\n

Modern organizations have good reasons to deploy public cloud infrastructure. Cloud technology offers flexibility and scalability that makes it indispensable for growing organizations. <\/p>\n\n\n\n

Despite their convenience (or, perhaps, because<\/em> of their convenience), cloud assets accumulate quickly. Without effective management, these assets can impair the visibility, security, and cost-effectiveness of your IT as a whole. Cloud asset management helps combat these risks. This blog will cover the basics of cloud asset management and its benefits, best practices, and potential future developments. <\/p>\n\n\n\n

Understanding Cloud Asset Management<\/h2>\n\n\n\n

Cloud asset management (CAM) is the practice of tracking the assets in your cloud infrastructure. It supports the delivery of cloud services while optimizing the security and usability of the cloud environment. It relies on specialized asset management software to address the unique characteristics of cloud assets.<\/p>\n\n\n\n

Definition and Importance of Cloud Asset Management<\/h3>\n\n\n\n

The traditional approach to asset management doesn\u2019t work for cloud-based assets. Manually tracking cloud assets in a spreadsheet is time-consuming and error-prone. Further, users may provision new cloud services very quickly, which can make it difficult to keep up. Cloud-based asset management requires a faster, more accurate approach.<\/p>\n\n\n\n

CAM solves this problem by giving cloud engineers and asset managers access to automated tools for tracking and categorizing cloud assets. It enables organizations to scale their cloud capabilities without losing track of important digital assets. The result is asset tracking and management that scales with cloud usage.<\/p>\n\n\n\n

What Are Examples of Cloud Assets?<\/h3>\n\n\n\n

Cloud assets need their own management solution because they are different from traditional on-premises assets. Many cloud assets are intangible, making it difficult to use physical inventory tagging solutions on them. Instead, IT leaders need to use cloud-specific technologies to track asset data effectively.<\/p>\n\n\n\n

Here are some examples of cloud assets that demonstrate what makes them unique.<\/p>\n\n\n\n

Compute Resources<\/h4>\n\n\n\n

Cloud compute resources are parts of your cloud infrastructure that support cloud workloads and processes. That includes physical assets like servers and endpoints as well as non-physical ones like virtual machines. <\/p>\n\n\n\n

Your organization may use compute resources offered by cloud providers, or it may have its own. Many organizations have a combination of both. To track these assets effectively, you must be able to distinguish them from one another based on their characteristics.<\/p>\n\n\n\n

Networking Resources<\/h4>\n\n\n\n

Virtual routers, firewalls, and network management software are all examples of networking resources. These resources\u2019 core functionality is sending and receiving data packets throughout your network. <\/p>\n\n\n\n

In cloud-based networking environments, these resources rely entirely on cloud infrastructure. This reduces the cost of deploying flexible, scalable cloud services and enhances productivity. It can also increase the complexity of your IT environment, creating a need for cloud asset management software.<\/p>\n\n\n\n

Databases<\/h4>\n\n\n\n

One of the main benefits of cloud infrastructure is the ability to manage and process data directly through the internet. Cloud database technology makes this possible by storing data without requiring on-premises hardware.<\/p>\n\n\n\n

Several different kinds of cloud databases exist. Relational cloud databases, non-tabular databases, and in-memory databases all work in different ways. Your cloud asset management strategy must take these unique factors into account. Understanding cloud databases as assets makes it easier to implement the right database deployment for cloud computing workflows.<\/p>\n\n\n\n

Security and Identity<\/h4>\n\n\n\n

Cloud-based security<\/a> and identity assets include solutions like Extended Detection and Response (XDR) platforms, security information and event management (SIEM) tools, and authentication services. These assets play an important role validating users as they interact with cloud infrastructure.<\/p>\n\n\n\n

Managing these assets effectively is vital for ensuring optimal coverage. Security processes must be comprehensive in order to produce results. Cloud asset management tools help prevent blind spots from impacting your security posture. They ensure security policies are enforced uniformly across your cloud infrastructure and enable IT security compliance audits.<\/p>\n\n\n\n

Development and DevOps Tools<\/h4>\n\n\n\n

Collaborative development tools are an important part of DevOps processes. These tools provide services like product discovery, sprint planning, issue tracking, and more. Some offer production-identical development environments using containerization.<\/p>\n\n\n\n

All of these tools are cloud assets. They need to be tracked and managed along with the rest of your cloud infrastructure. This is true of proprietary software as well as third-party Software-as-a-Service (SaaS) solutions. Each asset places a unique set of lifecycle management needs on the organization, and the IT team must accommodate those needs.<\/p>\n\n\n\n

Analytics and Machine Learning<\/h4>\n\n\n\n

Analytics and machine learning tools are a major part of the push toward cloud-enabled big data. These tools have unique support and usage profiles. They must be secured with the appropriate policies and given access to other assets. Doing this effectively means incorporating them into a cloud asset management framework.<\/p>\n\n\n\n

The reports, dashboards, and data visualizations these tools create are also cloud assets. Executives and stakeholders want this information to be accessible and secure. Your cloud asset management solution should include features for protecting sensitive cloud resources and data.<\/p>\n\n\n\n

Software Licenses<\/h4>\n\n\n\n

Both in-house and cloud-native software must be licensed. Keeping track of software licenses becomes difficult as organizations grow. Managing multiple versions of software across different containerized environments demands complete visibility and automation.<\/p>\n\n\n\n

Cloud asset management platforms give organizations a single point of reference for managing software licenses across environments. This makes it easier to track software licenses as assets alongside the cloud infrastructure they rely on to function.<\/p>\n\n\n\n

Onboarding Cloud Assets Into the IT Environment<\/h2>\n\n\n\n

Full-featured CAM platforms help IT teams onboard cloud assets without compromising on visibility or security. They can provision and assign cloud assets to employees using the same processes they would for physical assets. This helps maintain the accessibility and accountability of cloud technology.<\/p>\n\n\n\n

Initial Evaluation and Inventory<\/h3>\n\n\n\n

The first step toward optimal cloud asset management is conducting cloud asset discovery. Begin this process by identifying the scope of cloud asset management in your larger IT asset management (ITAM) strategy<\/a>. You must specify the cloud environments and workloads you wish to include and select the right tool for the process.<\/p>\n\n\n\n

Cloud asset discovery<\/a> works much the same way traditional asset discovery does. However, there are some key differences. There is minimal hardware to track in a cloud-native environment. These environments are more dynamic and scalable in nature, which means resources can be provisioned and deprovisioned rapidly. The need for continuous monitoring is greater with cloud assets.<\/p>\n\n\n\n

Integration Steps<\/h3>\n\n\n\n

Once you have conducted cloud asset discovery, you should have an inventory of assets throughout your cloud environment. The next step is integrating all of those assets into your CAM so you can control them effectively.<\/p>\n\n\n\n

Each public cloud provider has specific tools and features to help you control these assets. For example:<\/p>\n\n\n\n