(1) (Enterprise Asset Management) The management and control of the information technology assets within the enterprise. The asset management repository includes a description of the asset as well as contract information pertaining to its acquisition. The purpose of enterprise asset management is to keep track of and lower the cost of ownership of technology resources.
Origin of eam
- From Middle English eem, eme, from Old English Ä“am (“maternal uncle"), from Proto-Germanic *auhaimaz, *awahaimaz (“maternal uncle"), from Proto-Indo-European *h₂éwhâ‚‚os (“maternal uncle, maternal grandfather"). Cognate with Scots eme (“uncle"), West Frisian iem, omke (“uncle"), Dutch oom (“uncle"), German Ohm, Oheim (“maternal uncle"), Latin avunculus (“maternal uncle"). See uncle.