Digital assets, including data, applications, and virtual infrastructure residing on remote servers accessed via the internet, constitute a form of intangible ownership. For example, a company’s customer database maintained by a third-party provider exemplifies this type of asset.
This model offers advantages such as scalability, cost-effectiveness, and accessibility. It represents a shift from traditional on-premises infrastructure, reflecting the evolving landscape of information technology. This evolution is driven by factors like the increasing demand for flexible computing resources and the rise of distributed workforces.