Through a comprehensive hardware and software scan of the entire network, inventory data is quickly and reliably captured and collected so that the raw data can be processed and enriched in the next step. Raw data thus becomes applications and contains further information about the software manufacturer, product version and edition, license type, vulnerabilities and threats as well as upgrade and downgrade options. RayVentory not only successfully covers the CIS Control focus areas on “Inventory and Control of Hardware Assets” and “Inventory and Control of Software Assets”, but also has an interface to the NIST database (National Institute of Standards and Technology), which provides important information for vulnerability and risk management. By comparing all data with the NIST database on a daily basis, companies always receive up-to-date information on existing vulnerabilities. Using RayVentory Catalog’s intelligent AI-driven technology, these vulnerabilities are automatically categorized and ranked according to the threat they pose with the goal of immediate elimination.