A method to identify information technology resources whereby a locator device is inserted into a communication port of each information technology resource, such as a computers, router, cable endpoints, etc. When activated, the device passively receives wireless RF transmissions from broadcast units in the vicinity while actively receiving and storing configuration and other predetermined information from the resource. The device can calculate the exact position of the information technology resource and store the location in memory. The location and the identifying data of the information technology resource can be used in an asset management database, to locate a lost or missing resource, or can be used for billing for service level agreements. The method and device herein is particularly useful in secure facilities.