Automate your IT lifecycle management
Velory is the IT procurement platform that centralizes purchasing, automates approvals, and enforces company policies.
When lifecycle is automated, control scales
Faster Onboarding
Fewer Lost Devices
Lower Risk
Automated IT onboardings
Device upgrades & extensions
Secure offboarding workflows
Device repair flows
Compliance & security
Integrations
Connected from day one
Plug into your ecosystem - fast
FAQ
What is IT lifecycle management?
IT lifecycle management is the structured process of managing devices and software from procurement and onboarding to upgrades, reassignment, and offboarding. It ensures assets are governed throughout their entire lifecycle.
What is the difference between asset tracking and lifecycle tracking?
Asset tracking shows where a device is. Lifecycle tracking shows what should happen next: renewals, upgrades, reassignment, or disposal. Lifecycle management moves companies from reactive tracking to proactive governance.
How can companies track device renewals and upgrades?
Velory provides visibility into purchase dates, leasing terms, and renewal cycles. IT teams can proactively manage upgrade plans instead of reacting to outdated hardware.
What are the benefits of linking HR and IT data for lifecycle management?
Linking HR and IT systems enables event-driven lifecycle management. When an employee joins, changes roles, or leaves, onboarding and offboarding workflows are triggered automatically, ensuring devices are ordered, assigned, recovered, and secured without manual coordination. This reduces security risk, improves audit readiness, and keeps asset data accurate throughout the entire employee lifecycle.
How can I reuse or reassign devices securely?
Velory supports structured reassignment workflows and integrates with MDM systems to ensure devices are properly wiped, released, and reassigned. This maximizes utilization while maintaining security.
How does lifecycle management reduce IT costs?
By extending device lifespan, improving reuse rates, preventing duplicate purchases, and reducing unused software licenses, lifecycle management directly lowers total cost of ownership (TCO).
A selection of our partners
About Velory
By uniting procurement and asset management in one seamless flow, Velory helps organizations cut costs, extend device lifecycles, work more sustainably, and build workplaces where people thrive.
Hardware Asset Management has become a governance question
The IT Lifecycle Compass January 2026
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Understanding Circular IT: Why reuse beats replacement
