That is, the company often spent hundreds of millions of dollars buying its customers' IT assets.
Employees will continue to use corporate IT assets to connect with friends, shop online and pay bills.
That visionary insight led him to famously mandate that all IT assets were to be exposed as APIs.
Couple this with the realization that most IT assets are underutilized, it becomes clear that an efficiently designed and implemented data center can yield significant improvements in these compute ratios.
The first big change that IT will have to undergo is to move away from just monitoring IT assets like storage, servers, networking devices, and PCs, to monitoring the applications on them.
And as more and more companies begin to transform their IT assets into engines of growth that help their companies anticipate, accelerate, and engage, CEO-level tolerance for old-fashioned CIOs will decline, then dwindle, and soon disappear.
As much as we would like the business sponsors to align their thinking of legacy code with business assurance, it is equally important that the IT stakeholders continually seek ways to drive and deliver better value out of their IT assets.
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The object is to give businesses a choice of where and how they want to secure the right IT assets for the task at hand the service may come from somewhere within the enterprise, or it may come from outside the enterprise.
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Each hedge fund within a fund of funds custodies the assets it manages, including pension assets, wherever it chooses.
The inclusion of America de Cali in the US's Specially Designated Nationals and Blocked Persons (SDN) list meant US nationals could not do business with it and any assets it may have had in the US were blocked.
In 2011 North Korea said it seized assets from Mount Kumgang, a mothballed tourism site run by the two countries.
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One thing is clear it owns assets that are not generating sufficient profit to justify their position in News Corp.
It is assets such as government bonds, once safely in the mainstream, that must fight for their place in university portfolios.
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Though it ranked fourth in assets, it is also the first in market value of its common stock of all U.S. banks.
Typically, an acquiring company is not liable for the debts or liabilities of a company from which it buys assets, but there are big exceptions.
Headed by Tim Geithner, the Treasury Department has announced it will continue its drive to wind down its balance sheet, as it offloads assets purchased during 2008 and 2009 as a consequence of the financial crisis.
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But this is not a simple task, particularly when it involves assets with risk exposures far into the future and which are traded so rarely that there is no good market benchmark for setting the price.
The CAPM theory assumed that the portfolio would hold an amount of risk free assets plus it would embrace all risky assets weighted by their market capitalization.
It badgered FSA staff after they had refused to permit it to reclassify assets in a way that would allow it to hold less regulatory capital.
For example, a company with illiquid assets, under a heavy debt burden facing upcoming debt maturities and finding itself unable to refinance, may have to sell off assets at a bad time for less money than it thought those assets were worth.
"A company can qualify for the Bulletin Board if it has no assets, no revenues and no business--provided it files regular reports, " says Bernstein.
While planning is based on the past and projected performance of assets, the risk must be considered, except when it comes to assets that produce a guaranteed rate of return or guaranteed interest.
To make the deal even sweeter for Lone Star, Merrill is lending it money to complete the deal, using the very same toxic assets it is trying to get rid of as collateral.
But in September, the U.S. Treasury blacklisted the bank, barring it from conducting any business inside the U.S. and freezing any assets it holds in the American financial system.
"I think it is a very strange situation where the government is paying off a loan of assets it no longer owns, " he said.
There was also concern that Europe's competition authorities might balk at a deal which would put the combined entity in control of roughly 40% of the world's international trade in iron ore, and force it to sell some assets at a time when it would be difficult to get a good price.
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