---
sourceDocument: Xanadu Release Notes
sourceDocumentLink: https://servicenow-prod.fluidtopics.net/r/xanadu/release-notes

 Release :

    - xanadu

ft:locale :

    - en-US

ft:publication_title :

    - Xanadu Release Notes

ft:clusterId :

    - rn

bundleId :

    - rn


---

# IT Asset Management release notes

# IT Asset Management release notes {#ariaid-title1}

* Release version: Xanadu
* 
* Updated August 1, 2024
* 
* ![](https://www.servicenow.com/docs/portal-asset/ico-clock) 1 minute to read

IT Asset Management has new and updated features in the Xanadu
release
* **[Software Asset Management release notes](https://servicenow-prod.fluidtopics.net/jxm_f6NDhD_qhrCU5UIfew)**   
  The ServiceNow® Software Asset Management application systematically tracks, evaluates, and manages the cost, utilization, compliance, and optimization for software and SaaS applications. The Software Asset Management application was enhanced and updated in the Xanadu release.
* **[Hardware Asset Management 11.0.0 release notes](https://servicenow-prod.fluidtopics.net/PZNgc4snt01fH0nwRlQaeQ)**   
  The ServiceNow® Hardware Asset Management application provides advanced workflow, automation, and mobile capabilities to track and manage your technology asset environment. Hardware Asset Management was enhanced and updated in the Xanadu release.
* **[Now Assist for Hardware Asset Management (HAM) release notes](https://servicenow-prod.fluidtopics.net/gRf2wwOAwx3moSJ2hEeHfQ)**   
  The ServiceNow® Now Assist for Hardware Asset Management (HAM) application brings agentic AI to Hardware Asset Management. Now Assist for Hardware Asset Management (HAM) is a new application in the Xanadu release.
* **[Enterprise Asset Management release notes](https://servicenow-prod.fluidtopics.net/OoNlHHXcGZqLJ1QS2ji5ag)**   
  The ServiceNow® Enterprise Asset Management application manages the entire life cycle of your enterprise's connected and non-connected assets, which enables you to maintain and maximize the life of your assets while minimizing any costly downtimes. Enterprise Asset Management was enhanced and updated in the Xanadu release.
* **[Cloud Cost Management 8.0.0 release notes](https://servicenow-prod.fluidtopics.net/vbW_dbs8616pMvcnJOU9sw)**   
  The ServiceNow® Cloud Cost Management application (formerly known as ServiceNow® Cloud Insights) helps you to analyze the cloud resource costs so that you can identify and act on opportunities to save money and optimize the operations of your organization. Cloud Cost Management was enhanced and updated in the Xanadu release.
* **[Now Assist for Hardware Asset Management (HAM) release notes](https://servicenow-prod.fluidtopics.net/gRf2wwOAwx3moSJ2hEeHfQ)**   
  The ServiceNow® Now Assist for Hardware Asset Management (HAM) application brings agentic AI to Hardware Asset Management. Now Assist for Hardware Asset Management (HAM) is a new application in the Xanadu release.