internet asset management

internet asset management

 

internet asset management at this point

10/09/2007

We live in an information age. The knowledge economy is dependent on informational assets for its very survival. In the broadest possible sense of the term, information is the new age asset. But it can be considered an asset only when it can be stored, retrieved and used at the right time and place to create the maximum impact. How does one do this in this day and age, when there is a veritable information overload on all fronts?

What you are about to read is the culmination of information from many different places and resources. I hope you enjoy it.

Welcome to the world of Internet asset management! At its very basic form, an Internet asset is any piece of information or media that an individual or an organization can use to make a profit from. For an Internet based company, the their domain names constitute their Internet assets. For manufacturing companies, product codes, images, designs and shopping cart features are their Internet assets. For an architectural firm, blueprints, construction estimates and vendor lists are Internet assets. And for an individual, Internet assets could range from anything they store online. Since corporations are well aware of this fact, they spend countless man-hours and billions of dollars in filing, archiving, finding, displaying and using Internet assets. And almost all of them, without exception use Internet asset management tools and programs to do this efficiently while we're talking about.

The reasons why Internet asset management systems are so popular, is not difficult to fathom. If informational assets were to be stored in the conventional manner, they would be riddled with inefficiencies. They would be bulky to store, susceptible to damage, difficult to find and nearly impossible to utilize at the right time. Studies reveal that most professionals spend well over 10% of their time in the quest for information they have. And in 35% of the cases, they don’t even find what they are looking for! With Internet asset management tools and software however, all of these inefficiencies could be easily removed after awhile.

The benefits of using a Internet asset management system are many. First and foremost, the information seeker saves time and increases productivity. When Internet asset management systems are employed in complex projects, involving scores of people working from different geographic locations, they save even more time and money that would otherwise have been spent in seeking information. Internet asset management systems also enable easy duplication and information sharing. Internet asset management systems, when used to catalogue and retrieve informational Internet assets can also serve as a tool to enable insurance valuation. The intangible benefits of Internet asset management systems include less stress, greater enjoyment of work and a much more streamlined lifestyle in this situation.

Several Internet asset management systems are available in the market to cater to a wide array of needs. For the individual worker, desktop software works just fine. Corporate entities on the other hand, can harness the capabilities of enterprise-wide Internet asset management systems to derive maximum efficiencies. But attempting to survive in the modern world without a Internet asset management system – that’s futile now i'm not advocating that.

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