Digital belongings, together with knowledge, functions, 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 one of these asset.
This mannequin affords benefits corresponding to scalability, cost-effectiveness, and accessibility. It represents a shift from conventional on-premises infrastructure, reflecting the evolving panorama of data know-how. This evolution is pushed by components just like the rising demand for versatile computing assets and the rise of distributed workforces.