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Running Head: Module Assignment - 4 1

This document discusses identifying technology assets for a small business. It defines assets as properties or valuable things owned by a business. Assets can be hardware, software, information, or physical. The document lists examples of basic assets needed for an IT company like desktops, printers, servers, and software like operating systems and antivirus. It categorizes critical assets into three tiers: Tier 1 includes customer and financial data; Tier 2 includes accounts and applications; Tier 3 includes physical assets. Finally, it lists software that can be used to restore operations like SolarWinds and Recuva.

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43 views4 pages

Running Head: Module Assignment - 4 1

This document discusses identifying technology assets for a small business. It defines assets as properties or valuable things owned by a business. Assets can be hardware, software, information, or physical. The document lists examples of basic assets needed for an IT company like desktops, printers, servers, and software like operating systems and antivirus. It categorizes critical assets into three tiers: Tier 1 includes customer and financial data; Tier 2 includes accounts and applications; Tier 3 includes physical assets. Finally, it lists software that can be used to restore operations like SolarWinds and Recuva.

Uploaded by

Bhimavarapu RamiReddy
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as DOC, PDF, TXT or read online on Scribd
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Running head: module assignment - 4 1

Identifying Technology Assets

VAMSI SATYA KRISHNA PUTTI

CUID #543029

Campbellsville University
module assignment - 4 2

Identifying Technology Assets

The website www.answers.com defines assets as “an asset means the properties of every

description belonging to the trade or the valuable things owned by a business concern.”

Assets are tangible, intangible, and a claims against others that may be applied to cover liabilities

of a person or a business.

For a business or a small business, the assets are mandatory to set up a business, that can be a

hardware asset, software assets, information assets, physical assets etc. ranging from desktop to

servers. For a small business budget is a main aspect when an individual is starting a business,

assets are crucial and there must be a budget for purchasing assets. The main assets need for a

small business varies from business to business if considered for an IT company basic list is

Desktops or laptops, telephones and cell phones, tables, desks, chairs, file cabinets, and

bookshelves, barcode readers, billing Machines, refreshment assets for the canteen if required,

for desktop the assets can be CPU, UPS, Keyboard, laser jet Printer, wireless router, server,

coming to basic software are operating system(OS), Antivirus, MS Office version number, other

software installed in a system. [Home & Group, 2002]

Identifying the critical assets is essential for many reasons, individual would know what are

essential assets required, identifying/categorizing by tiers

1. Tier1: Tier1 assets comprise as all data of customers, sales and marketing information,

financial data, production data, payment information like bills or invoices, and other

transaction data falls under tier 1 category. [Inc, 2013]


2. Tier2: Daily activities like accounts and bills receivables and payables, applications,

programs like tally which are required to process financial deals, fall under tier 2

category. [Inc, 2013]


module assignment - 4 3

3. Tier3: furniture, air conditioners, physical assets and maintenance services fall under tier

3 category. [Inc, 2013]

The list of software that can be used to restore the operations of a small company is Solar Winds,

Razor Sync, DMDE Free Edition, Photo-rec, Recuva, Paragon rescue kit, mini tool partition

recovery free, Client Runner, wonder share data recovery. [ techradar.com. (2016).]
module assignment - 4 4

References:

1. Inc, C. (2013, March 8). The difference between tier I ERP, tier II ERP, and tier III ERP.

Retrieved November 26, 2016, from Accounting/ERP Software,

http://www.compudata.com/difference-between-erp-tier-1-erp-tier-2-erp-tier-3/
2. Home, & Group, I. E. (2002). Identifying and classifying assets - secured view - asset

classification and control. Retrieved November 26, 2016, from

http://www.networkmagazineindia.com/200212/security2.shtml
3. What is a asset? (2016). Retrieved November 26, 2016, from

http://www.answers.com/Q/What_is_a_asset
4. techradar.com. (2016). The best free file recovery software 2016. Retrieved November

26, 2016, from http://www.in.techradar.com/news/software/business-software/The-best-

free-file-recovery-software-2016/articleshow/54569168.cms

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