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The differences between information technology asset managers and information technology managers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 6-8 years to become both an information technology asset manager and an information technology manager. Additionally, an information technology manager has an average salary of $119,589, which is higher than the $84,147 average annual salary of an information technology asset manager.
The top three skills for an information technology asset manager include ITIL, ITAM and CMDB. The most important skills for an information technology manager are customer service, project management, and database.
| Information Technology Asset Manager | Information Technology Manager | |
| Yearly salary | $84,147 | $119,589 |
| Hourly rate | $40.46 | $57.49 |
| Growth rate | 16% | 16% |
| Number of jobs | 96,219 | 108,179 |
| Job satisfaction | 5 | 5 |
| Most common degree | Bachelor's Degree, 63% | Bachelor's Degree, 64% |
| Average age | 47 | 47 |
| Years of experience | 8 | 8 |
Information technology (IT) asset managers are IT professionals who are responsible for maintaining a detailed inventory of the software and hardware assets of an organization. These IT managers are required to avoid unnecessary asset purchases while utilizing their IT asset resources to help their organization eliminate waste and increase efficiency. They must develop policies and standards to manage their IT asset portfolio both on a daily and long-term basis. IT asset managers must also maintain databases and records of information such as service agreements, licenses, and warranties for the software and hardware of the organization.
An information technology manager is responsible for supervising tasks for the company's network and information systems operations. Information technology managers require excellent knowledge of the information systems industry, a strong command of programming languages, and software and hardware application processes. An information technology manager reviews the performance of the IT department staff, ensuring that networks and systems maintain the highest quality and efficiency, and adjusting the specific system updates as needed. Information technology managers monitor the security of the system's database and identify business opportunities to utilize all business systems to improve the company's services.
Information technology asset managers and information technology managers have different pay scales, as shown below.
| Information Technology Asset Manager | Information Technology Manager | |
| Average salary | $84,147 | $119,589 |
| Salary range | Between $58,000 And $120,000 | Between $84,000 And $169,000 |
| Highest paying City | - | Richmond, CA |
| Highest paying state | - | New Hampshire |
| Best paying company | - | Meta |
| Best paying industry | - | - |
There are a few differences between an information technology asset manager and an information technology manager in terms of educational background:
| Information Technology Asset Manager | Information Technology Manager | |
| Most common degree | Bachelor's Degree, 63% | Bachelor's Degree, 64% |
| Most common major | Business | Computer Science |
| Most common college | Carnegie Mellon University | Carnegie Mellon University |
Here are the differences between information technology asset managers' and information technology managers' demographics:
| Information Technology Asset Manager | Information Technology Manager | |
| Average age | 47 | 47 |
| Gender ratio | Male, 64.7% Female, 35.3% | Male, 84.5% Female, 15.5% |
| Race ratio | Black or African American, 6.7% Unknown, 5.2% Hispanic or Latino, 10.1% Asian, 12.6% White, 65.1% American Indian and Alaska Native, 0.2% | Black or African American, 6.6% Unknown, 5.2% Hispanic or Latino, 9.9% Asian, 12.7% White, 65.4% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 11% | 11% |