Digital belongings, together with information, purposes, and digital infrastructure residing on distant servers accessed through the web, represent a type of intangible possession. For instance, an organization’s buyer database maintained by a third-party supplier exemplifies any such asset.
This mannequin presents benefits corresponding to scalability, cost-effectiveness, and accessibility. It represents a shift from conventional on-premises infrastructure, reflecting the evolving panorama of knowledge expertise. This evolution is pushed by elements just like the rising demand for versatile computing sources and the rise of distributed workforces.