Business owners, professionals, and individuals collect digital assets for various purposes. Examples of digital assets include documents, videos, audio recordings, and images. Assets in a digital format offer many more benefits than physical assets, such as paper documents, VHS tapes, and photographs. One benefit is easier storage. Instead of needing a large space to store your physical assets, digital assets take up very little space on your hard drive. To add more convenience, digital assets can be stored in the cloud, a remote network storage service. With this said, the higher volume of digital assets, the larger the storage space, which is another story.

Digital Asset System

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When it comes to digital asset storage, accessibility is everything. In the modern world, digital assets need to be conveniently accessed to achieve and maintain a high productivity level. This applies to professionals, non-professionals, and businesses. The solution to poorly organized digital assets is a DAM system. What is a DAM system? How can DAM help me improve my digital asset management? Find the answers to these questions and much more in the content provided below.

What Is DAM?

 DAM, Digital Asset Management, is a system utilized to store digital assets. These systems are commonly utilized by businesses and individuals to safely store their digital assets. DAM is an eco-friendly DAM system that discourages the use of paper and other materials that utilize the planet’s precious resources. To protect the environment and its resources, people and companies are turning to computer technology to create images, videos, documents, files, and audio recordings.

Digital assets do not utilize environmental resources that cannot be replenished. Instead, a digital format is utilized to facilitate the creation of these assets.

Better Organization

 As mentioned previously, a digital asset storage system is only as good as its organizational skills. Now, this is not to say the system actually has organizational skills. No, it just says it needs to be properly organized to offer quick and easy access to each digital asset in storage. The key to a good DAM system is accessibility. Without quick and easy access, the DAM system will be rendered useless. Why is this the case? Think about what the system is utilized for, which is the management of digital assets.

Improving the organization of your existing digital asset collection could prove to be valuable personally and/or professionally. This is why so many professionals and businesses are turning to DAM.

Improved Security

Your digital assets mean everything to you. At least, this is how most people feel about their digital goods. Something as simple as an image of your logo is crucial to your brand. What do you think would happen if your digital logo was stolen? Would it be devastating or what? Of course, it would be devastating for you and your brand. To eliminate all potential security risks, DAM utilizes state-of-the-art security measures. These measures are combined with encryption to ensure the highest level of security for your digital assets.

You would be surprised by the high volume of online scammers continuously searching for vulnerable DAM systems.


Disclaimer: The contents of this article are for information purposes only and do not constitute an advice or a legal opinion and are personal views of the author. It is based upon relevant law and/or facts available at that point of time and prepared with due accuracy & reliability. Readers are requested to check and refer relevant provisions of statute, latest judicial pronouncements, circulars, clarifications etc before acting on the basis of the above write up.  The possibility of other views on the subject matter cannot be ruled out. By the use of the said information, you agree that Author / TaxGuru is not responsible or liable in any manner for the authenticity, accuracy, completeness, errors or any kind of omissions in this piece of information for any action taken thereof. This is not any kind of advertisement or solicitation of work by a professional.


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February 2021