Asset management is crucial in order to maximize financial return while ensuring returns are maximized with respect to the firm's strategy. Your strategy is dependant on the financial aspects of ownership such as calculating the total cost of ownership, depreciation, licensing, maintenance, and insurance.
It has often been said that asset management is the art and science of making the right decisions and optimising the processes involved within business. The purpose of asset management is to discipline the managing of your content to meet your business objectives. It is a combination of strategy and the process for aligning information, which is held by an organisation with the priorities of business. Asset management is also the management of investments according to risk and return considerations.

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