ABSTRACT
THE TERM ASSET MANAGEMENT is used to describe, in general, the method of accounting for the goods, techniques, and know-how in a company’s competitive arsenal. Such a method is designed to maximize the competitive potential of these assets by controlling the costs of their purchasing, deployment, and sale. What are these technology assets? The category includes software, both proprietary and third-party; hardware, owned outright or leased; and various intellectual property, such as trademarks, copyrights, and patents. Excluded are physical plant components such as elevator controls and security cameras; although technologically driven, they have to do with the noninformational systems of a company and hence are outside the scope of this discussion.
