We use cookies to give you a better experience. Carry on browsing if you're happy with this, or read our cookies policy for more information.

Skip main navigation

Traditional assets vs data assets

Traditional assets vs data assets
© The Data Lab & Seek And See Ltd
Let’s compare traditional assets (like buildings, computers, cash etc) with data assets.
Table comparing traditional assets and data assets as described below traditional assets vs data assets (Click to expand)
Traditional assets are physical, apply to one single purpose at a time and depreciate in value. Conversely, data assets are intangible and can be used for multiple purposes concurrently. Data assets are also additive: they can increase in value over time.
Data is not the only virtual asset a company has, brand value has long been recognised as something that can sit on the balance sheet. If you think of data as an asset similar to brand, getting data on the balance sheet seems a lot more achievable.
We started with the question:
“If data is now widely understood to be valuable, then why is it still so difficult to attach a value to it?”
If data was to be tracked on the balance sheet, it would need to have:
© The Data Lab & Seek And See Ltd
This article is from the free online

Introduction to Data for Business Leaders

Created by
FutureLearn - Learning For Life

Our purpose is to transform access to education.

We offer a diverse selection of courses from leading universities and cultural institutions from around the world. These are delivered one step at a time, and are accessible on mobile, tablet and desktop, so you can fit learning around your life.

We believe learning should be an enjoyable, social experience, so our courses offer the opportunity to discuss what you’re learning with others as you go, helping you make fresh discoveries and form new ideas.
You can unlock new opportunities with unlimited access to hundreds of online short courses for a year by subscribing to our Unlimited package. Build your knowledge with top universities and organisations.

Learn more about how FutureLearn is transforming access to education