Creating additional fields for Asset and Workstation under Setup > Customization > Additional fields is not possible anymore. Instead, you can create additional fields for assets and workstations from the Fields section in the right panel as shown below.
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Additional fields created for one product type cannot be used for the other product types.
Additional fields already configured for Workstation will be moved to the Computer product type template form.
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Additional fields already configured for assets will be moved to the All Assets product type template form.
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Options to select Laptop or Desktop while configuring a new product for Workstation or Server are deprecated. Please create a product type for Laptop or Desktop under Computer and group the products accordingly.
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New Product Form
Edit Product Form
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Fine-Grained Access (FGA) and Acknowledgement configured for a product type will be applicable to its child product types.
The page navigation support on the product type list view is removed.
Product type is not mandatory while adding assets through barcodes.
Workstation, Server, Virtual Host, and Virtual Machine are now grouped under Computer. These product types inherit the Computer product type.
While adding computers via scan, newly detected products will be added under the Computer product type.
Desktop and Laptop options are deprecated from the All Workstations filter. However, you can access them from the Computer list view.
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Unaudited Workstations is renamed as Scan Failures, and the corresponding view lists only scan failed computers.
Convert as Server and Convert as Workstation support are removed from the list view and details page of Servers and Workstations. You can use the Actions > Modify Product option to update the product or product type.
The VM Type field is removed from the Workstations form. You can categorize virtual machines under Virtual Host or Virtual Machine product types.
Workstations and Components options are now listed under the Product Type field in the import/export mapping section. To import workstations or mobile devices, select the required type from the Product Type field.
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Data import now supports selection of a product type and a product to add/update specific assets.

Reconcile assets with other assets of the same product type or its child product type.
For example, a router and its child assets can be reconciled. However, you cannot reconcile a router with an access point.
Automation
Life Cycle :
If a child product type is not associated with a life cycle, it will inherit the life cycle of its parent product type.

Workflow: A workflow created for a product type applies to its child product types as well. Similarly, triggers, custom menus, custom notifications, custom functions, and webhooks are inherited to child product types.
CI Sync - A sync rule configured for a product type is applicable to its child product types.
Zoho Analytics - Data from Computers and their child assets will be synced to the Workstation table.
The Asset Summary widget shows product types in a hierarchical manner, and the count represents the assets available under that particular product type excluding its child count.
Workstations by OS, Workstations by State, and other workstation-based widgets are renamed as Computers by OS, Computers by State, etc. These widgets show the information on product types grouped by computer.
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Scan failed count in the Asset Dashboard will now show only the number of assets that are scanned and failed.
(Existing behavior: Scan failed count includes count of unscanned assets as well.)
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You can now generate reports for assets based on reference entity fields. You can also set filter conditions using reference entity fields in the reports configuration page.

Support to generate reports for hardware such as Processor, Hard Disk, Logical Drives, etc, along with the computer details.

Workstation entity is deprecated. You can migrate to Computers API api/v3/asset_computers.
"workstation_udf_fields" available in the Workstation JSON object will be deprecated. We recommend to migrate to "udf_fields".
"is_server" and "vm_type" fields are deprecated from Workstation. Alternatively, you can use the product_type field.