Meaning & use
information age asset
Last updated
Meanings
nouncountablebusinesstechnical
Something a company or person owns that consists mainly of data, knowledge, or digital systems rather than physical property.
Grammar: Countable, so it takes a/an and a plural: an information age asset, information age assets.
Patterns
- an information age asset for someone
- treat something as an information age asset
- invest in information age assets
Customer records stored online are now an information age asset for many retailers.
The firm's analysts argued that its search data was its most valuable information age asset.
Unlike a factory, an information age asset can be copied and shared instantly.
nouncountablebusiness
A useful skill, relationship, or piece of knowledge that helps someone do well in a world run by computers and networks.
Grammar: Countable and often used in the plural when talking about a person's strengths.
Patterns
- an information age asset in something
- count something as an information age asset
Fluency in coding has become an information age asset in almost every industry.
Her wide network of online contacts proved an information age asset when she started her own business.
Schools are trying to give students the information age assets they will need at work.
Word forms
| plural | information age assets |
|---|
Common combinations
- a valuable information age asset
- Good digital records are a valuable information age asset for any hospital.
- treat something as an information age asset
- The bank now treats its customer data as an information age asset.
- an information age asset for a company
- Reliable software is an information age asset for a company of any size.
- invest in information age assets
- The government plans to invest in information age assets such as public data systems.
- protect an information age asset
- Firms spend heavily to protect an information age asset like a customer database.
Synonyms and how they differ
- digital asset
- Narrower and more technical: it usually means a specific file, account, or piece of online property, while an information age asset can also be knowledge or a skill.
- intangible asset
- An accounting term for anything valuable you cannot touch; it includes brands and patents, not only data and knowledge.
- resource
- Much more general and neutral; it does not suggest anything modern or digital.
Opposites
Word family
- information age noun
- The period in which computers and networks became central to work and daily life.
- asset noun
- Anything useful or valuable that a person or organization owns.
- asset management noun
- The business of looking after and growing someone's property or investments.
Commonly confused: information age asset or information technology asset? information age asset or asset?
information age asset vs information technology asset
This refers to a specific piece of hardware or software that a company owns, such as a laptop or a license; an information age asset is broader and can include data and knowledge.
information age asset vs asset
On its own, asset often means money or property; adding 'information age' shows the value comes from data or digital skills.
Practice
Which sentence uses 'information age asset' most naturally?
Choose one answer.
A customer database is data, so it fits the idea of something valuable in a digital economy. A car, a factory building, and a letter are physical things, so they do not fit the term.
Make it your own
Write a sentence using “information age asset”, then check it and compare it with the examples above.