chapter  7
20 Pages

Strategic Technology and Asset Management – A Smarter Approach

Strategic assets comprise tangible belongings such as plant, machinery and equipment, including information and communications technology (ICT) infrastructure, software and equipment, real estate and buildings, motor vehicles and cultural assets, as well as intangible assets such as branding, intellectual property and know-how, knowledge and information. This chapter concentrates on planning and implementing ICT strategies with consideration for the other tangible assets described above. As ICT is subject to rapid change the operational management of specific technologies has not been addressed. There are three components to ICT, these being business applications, infrastructure and equipment.