IP address management (IPAM) is a type of tool or system that automates and standardizes the allocation, tracking, and management of IP addresses in an IP network. IPAM can help reduce administrative overhead for an IaaS provider that has numerous devices and services that are commissioned and decommissioned automatically on an ongoing basis, as it can simplify and centralize the process of assigning and reclaiming IP addresses for different devices and services without manual intervention or errors. IPAM can also help optimize network performance and security, as it can monitor and report any issues or conflicts related to IP addresses. Reference: CompTIA Cloud+ Certification Exam Objectives, page 15, section 2.8