Introduction

In today’s dynamic IT landscape, software asset management software plays a pivotal role in optimizing resources, reducing costs, and maintaining compliance. Organizations of all sizes look for free IT asset management software to optimize operations without high costs. This guide delves into the best open-source asset management tools of 2025, highlighting pricing, licensing models, feature comparisons, and integrations based on authoritative insights from G2, Gartner, and Forrester.

Criteria for Selection

Our selection methodology focuses on key factors:

• Market Presence: Popularity and adoption trends.

• Pricing Flexibility: Freeware and open-source models with transparent costs.

• Ease of Use: User-friendly interfaces for smooth onboarding.

• Integrations: Compatibility with existing tech stacks.

• Customer Support & Community: Active forums and support channels.

• Real User Reviews: Ratings from G2, Gartner, and other platforms.

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Best Practices for Selecting an IT Asset Management Tool

When choosing an IT asset management (ITAM) tool for your company, ensuring the alignment of the tool with your organization’s specific needs and future growth is essential. Here’s a structured approach to help guide your decision.

Prioritize Automation and Intuitive Design

A primary goal of an ITAM tool is to streamline workload, not complicate it. Opt for software that automates tasks like asset tracking, procurement processes, and license management. A user-friendly interface with a clear dashboard is crucial, allowing your IT team quick access to the information they need.

Demand Real-Time Asset Insights

Having the ability to monitor assets in real-time is non-negotiable. The right ITAM solution should provide current data on all hardware and software assets, regardless of location—whether in an office, a remote setting, or storage. This real-time capability aids in effective management and decision-making.

Emphasize Robust Security and Compliance

Security is a significant concern, especially with the potential risks of untracked devices. Ensure the ITAM tool offers features such as remote locking, data wiping, and access controls. Additionally, it should comply with international standards like GDPR and ISO 27001 if your operations are global.

See also: Understanding Shadow AI: The Unseen Challenge in Enterprise AI Adoption

Focus on Seamless Systems Integration

Your ITAM tool should not function in isolation. Look for one that integrates smoothly with your current IT service management (ITSM), human resources (HR), and procurement systems. Such integration supports processes like device distribution to new employees and links IT support tickets to asset records.

Choose a Scalable Solution

Your company’s IT requirements will likely grow and evolve. Therefore, select an ITAM tool designed to scale, accommodating more assets and adapting to new policies without substantial system changes.

Consider Cost Effectiveness

Value for money is crucial, as choosing a cheaper tool can lead to additional inefficiencies and expenses in the long term. Evaluate the tool's pricing model for transparency and flexibility, ensuring it can match your business model—whether through purchasing or leasing. A good investment in an ITAM tool reduces costs, saves time, and enhances security, thereby optimizing your company's IT management.

The Benefits of Real-Time Tracking and Visibility in IT Asset Management

IT asset management isn’t just about hardware—it extends to managing SaaS applications, cloud resources, and software licenses. Without real-time visibility, organizations risk overspending, security gaps, and compliance issues.

A modern IT asset management solution should provide:

✅ Visibility into SaaS & Cloud Usage
Beyond tracking physical assets, real-time insights into SaaS applications and cloud resources help IT teams monitor usage, prevent shadow IT, and optimize software spend.

✅ Optimized License & Resource Management
Continuous monitoring identifies underutilized SaaS licenses and over-provisioned cloud instances, ensuring companies only pay for what they need.

✅ Cost Control & Efficiency
By detecting inactive accounts, duplicate licenses, and unnecessary cloud storage, businesses can reallocate resources strategically and reduce wasteful IT spend.

✅ Enhanced Compliance & Security
Real-time tracking helps enforce governance policies, ensuring that only authorized users have access to critical applications and data, reducing security risks.

Platforms like CloudNuro enable IT teams to achieve this level of visibility—helping organizations take control of their IT landscape, reduce costs, and strengthen security.

Risks associated with lost or untracked IT devices and unused software licenses

The risks are numerous and impactful. Lost or untracked IT devices can create significant security vulnerabilities. Sensitive company data might fall into the wrong hands if these devices are not managed properly, leading to potential data breaches.

Moreover, the lack of oversight on software licenses can result in unused resources draining budgets. These unutilized licenses essentially waste money, as companies pay for software that isn't actually being employed. Compliance failures are also a big concern. Without proper tracking, organizations might fall short of industry regulations, which can incur hefty fines and damage reputation. Managing IT assets efficiently is crucial to safeguarding resources and maintaining operational integrity.

The most effective IT asset management (ITAM) platforms go beyond just tracking—they help protect company data with features like remote locking and wiping, access controls, and seamless integration with MDM (Mobile Device Management) tools. For global businesses, it’s crucial to choose a platform that ensures compliance with regulations like GDPR, SOC 2, and ISO 27001.

Poor IT asset management isn't just an inconvenience—it’s a costly problem. Lost or untracked devices, unused software licenses, and compliance gaps can quietly drain budgets and create security risks, adding up to millions in unnecessary costs each year. Managing IT assets with spreadsheets or manual processes often leads to confusion—teams struggle to track what they own, where it is, and who’s using it. IT asset management (ITAM) software removes the guesswork, ensuring every device and software license is properly tracked, secure, and used efficiently.

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Top 15 Open-Source Asset Management Tools in 2025 1. Snipe-IT

• Overview: A powerful web-based asset management system designed for IT asset tracking.

• Snipe-IT Pricing: Free under the AGPL license; paid hosted options available.

• Licensing Options: Open-source (AGPL); cloud-hosted with premium support.

• Best Use Cases: SMBs, educational institutions, and non-profit organizations.

• Pros & Cons:

• Pros: Active community, customizable, API support.

• Cons: Limited out-of-the-box integrations.

• G2 Rating: 4.6 with 23 reviews 

• Gartner Rating: N/A 

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2. GLPI

• Overview: Robust IT asset management and service desk software.

• GLPI Pricing: Free under GPL license; premium cloud version available.

• Licensing Options: GPL open-source; SaaS plans for enterprises.

• Best Use Cases: Enterprises needing ITSM with asset tracking.

• Pros & Cons:

• Pros: Extensive plugin ecosystem, ITIL-compliant.

• Cons: Complex setup for beginners.

• G2 Rating: 4.5 with 36 reviews

• Gartner Rating: 4.9 with 3 reviews

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3. Open-AudIT

• Overview: Network discovery, inventory, and audit software.

• Open-AudIT Pricing: Free community version; enterprise plans available.

• Licensing Options: GPL is for the community, and commercial licenses are for the enterprise.

• Best Use Cases: IT teams managing large networks.

• Pros & Cons:

• Pros: Detailed network auditing and customizable reports.

• Cons: UI could be more intuitive.

• G2 Rating:  N/A

• Gartner Rating: N/A

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4. Ralph

• Overview: Asset management, DCIM, and CMDB tool.

• Ralph Pricing: Completely free and open-source.

• Licensing Options: Apache 2.0 license.

• Best Use Cases: Data centers, IT infrastructure teams.

• Pros & Cons:

• Pros: Excellent for data center management, API-friendly.

• Cons: Requires technical expertise for setup.

• G2 Rating: N/A

• Gartner Rating: N/A

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5. OCS Inventory NG

• Overview: IT asset inventory and deployment management tool.

• OCS Inventory NG Pricing: Free under GPL license.

• Licensing Options: GPL open-source.

• Best Use Cases: Organizations needing detailed inventory management.

• Pros & Cons:

• Pros: Scalable, cross-platform support.

• Cons: The user interface feels outdated.

• G2 Rating: 4.7 with 6 reviews

• Gartner Rating: N/A

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6. FusionInventory

• Overview: Network discovery and inventory management.

• FusionInventory Pricing: Free under GPL license.

• Licensing Options: GPL open-source.

• Best Use Cases: Complementing GLPI for inventory tracking.

• Pros & Cons:

• Pros: Strong discovery capabilities, integrates well with GLPI.

• Cons: Limited stand-alone features.

• G2 Rating: N/A

• Gartner Rating: N/A

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7. AssetTiger

• Overview: Cloud-based asset management with a free tier.

• AssetTiger Pricing: Free for up to 250 assets; paid plans for more.

• Licensing Options: Proprietary for paid versions.

• Best Use Cases: SMBs with moderate asset tracking needs.

• Pros & Cons:

• Pros: Intuitive UI, mobile app support.

• Cons: Limited features in the free version.

• G2 Rating: 4.5 with 12 reviews

• Gartner Rating: N/A

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8. Tanium Platform

• Overview: Comprehensive endpoint management and asset tracking platform.

• Tanium Platform Pricing: Free trial available; enterprise pricing on request.

• Licensing Options: Proprietary.

• Best Use Cases: Large enterprises need real-time visibility and control.

• Pros & Cons:

• Pros: Real-time data, scalable for large networks.

• Cons: Complex for smaller organizations.

• G2 Rating: 4.5 with 10 reviews

• Gartner Rating: 4.7 with 76 reviews

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9. InvGate Assets

• Overview: IT asset management software with robust tracking and control features.

• InvGate Assets Pricing: Free trial and paid plans are available for advanced features.

• Licensing Options: Proprietary.

• Best Use Cases: Medium to large enterprises.

• Pros & Cons:

• Pros: User-friendly interface, excellent reporting tools.

• Cons: Limited features in the free trial.

• G2 Rating:  4.7 with 10 reviews 

• Gartner Rating: 4.4 with 64 reviews 

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10. ManageEngine AssetExplorer (Free Version)

• Overview: Asset management tool with a free edition for limited nodes.

• ManageEngine AssetExplorer Pricing: Free for up to 25 nodes.

• Licensing Options: Proprietary for paid versions.

• Best Use Cases: Small businesses needing basic ITAM.

• Pros & Cons:

• Pros: Intuitive dashboard, easy to deploy.

• Cons: Limited features in the free version.

• G2 Rating: 4.2 with 230 reviews 

• Gartner Rating: 4.4 with 1118 reviews 

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11. Xensam Xupervisor

• Overview: Open-source IT asset and resource management software.

• Xupervisor Pricing: Free with optional paid enterprise support.

• Licensing Options: Open-source.

• Best Use Cases: SMBs and mid-sized businesses.

• Pros & Cons:

• Pros: Lightweight, easy to deploy.

• Cons: Limited advanced enterprise features.

• G2 Rating: 5.0 with 2 reviews

• Gartner Rating: 5.0 with 41 reviews

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12. FNT Command Platform

• Overview: Enterprise-grade IT asset management.

• FNT Command Platform Pricing: A free trial is available; on-contact for enterprise pricing.

• Licensing Options: Proprietary.

• Best Use Cases: Large enterprises with complex IT environments.

• Pros & Cons:

• Pros: Enterprise-grade features, scalable.

• Cons: Expensive for SMBs.

• G2 Rating: 5.0 with 1 review

• Gartner Rating: 5.0 with 8 reviews

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13. Asset Panda

• Overview: Flexible asset tracking software with mobile capabilities.

• Asset Panda Pricing: Free trial; paid plans available based on features.

• Licensing Options: Proprietary.

• Best Use Cases: Businesses of all sizes need mobile asset management.

• Pros & Cons:

• Pros: Mobile app, cloud-based, flexible.

• Cons: Paid plans can be pricey for small businesses.

• G2 Rating: 3.9 with 27 reviews 

• Gartner Rating: 4.3 with 31 reviews 

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14. Lansweeper (Community Edition)

• Overview: IT asset discovery and inventory software.

• Lansweeper Pricing: Free community edition; paid plans for enterprises.

• Licensing Options: Proprietary.

• Best Use Cases: IT teams for asset tracking.

• Pros & Cons:

• Pros: Powerful discovery engine, comprehensive reporting.

• Cons: The free version has limited features.

• G2 Rating: 4.4 with 57 reviews 

• Gartner Rating: 4.4 with 132 reviews

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15. Matrix42 Software Asset Management

• Overview: Comprehensive IT asset and software management solution.

• Matrix42 Pricing: Free trial available; enterprise pricing upon request.

• Licensing Options: Proprietary.

• Best Use Cases: Enterprises looking for detailed software asset tracking and compliance.

• Pros & Cons:

• Pros: Advanced automation and detailed compliance reporting.

• Cons: Requires training for optimal use.

• G2 Rating: 5.0 with 1 review

• Gartner Rating: 4.6 with 11 reviews

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Comparison Table of Top 15 Open-Source IT Asset Management Software

Conclusion

Choosing the right IT asset management software depends on your business needs, IT budget planning for 2025, and operational priorities. CloudNuro.ai stands out as a comprehensive SaaS management platform for organizations that are managing extensive SaaS portfolios. Recognized by Gartner and InfoTech, CloudNuro.ai offers unparalleled insights into license tracking, software usage, and cost optimization.

Ready to take control of your software assets? Book a demo with CloudNuro.ai today!

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