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How IP Address Management Helps Network Administrators IP address management or IPAM is a framework through which IP addresses are planned, managed and tracked. An important benefit of IPAM is that the Domain Name System and the Dynamic Host Configuration Protocol can operate more efficiently through awareness of each other. For instance, DNS knows when DHCP has secured an IP address for a client and can behave accordingly. Although operating systems like Windows Server provide a framework, many networks require dedicated ip address management software that can handle these responsibilities in unique, complex scenarios.