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Salesforce1 is a wonderful example of a strong platform built atop a proprietary asset: customer data.
In this case, imagine that all the estimated market values are equal to their book value except for 2 accounts: Plant, Property, and Equipment (PP&E) and the intangible asset Customer List.
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Other assets — customer relationship management systems, for example — can be bought the same way, too".
The risk in buying an Indian bank, says Bart Hellemans, managing director of ING Vysya, lies in the difficulty of assessing the quality of its assets, customer data, contingent liabilities and distribution skills.
Whether your business stores employee records, financial details, assets, customer records or everything about the company, it is imperative that you have something in place to guard against data loss.
As most financial institutions recognize, high-asset customers are a critical source of fee income and net interest margin.
From mitigating the risk of massive droughts and floods disrupting their corporate assets, customers and the economy ― to saving on more efficient energy use and cheaper forms of reliable clean energy, companies know very well that acting on climate is a smart business decision.
The most valuable asset a customer has is information about themselves, information that is now bartered away at a low relative value.
"We do not view this announcement as a surprise as GE has emphasized its strategy to grow its commercial finance asset and customer base," Goldman said.
But to the extent it is modified, expect the players to hustle: Those that have relied on it must race to unload their only asset, their customer base.
"The shakeout is creating extraordinary opportunities as telecommunications companies, their network assets and customer bases become available".
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com