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Putting Information on the Balance Sheet

By Klint Finley / February 11, 2011 04:00 AM / Comments

RedMonk's James Governor and EMC VP of Global Marketing Chuck Hollis are calling for enterprises to put information on the balance sheet. In other words, start considering useful information as an asset and poorly managed information as a liability.

"If you've got an expensive manufacturing machine, you invest periodically to keep the asset running in top shape, otherwise its value falls sharply over time," writes Hollis. "Are information bases any different? How many databases in your organization are providing declining value simply because there isn't a regular program of data maintenance and enhancement?"

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