What is Digital Asset Management?

Answer:
Digital Asset Management (DAM) is
defined as the process of performing all the activities which in turn is essential for the management of various types of Digital Assets like Digital photograph, video, animation, music, billing statements, insurance claim forms, engineering drawing and many more which we generally store on a computer.


Digital Asset Management (DAM) is widely been used by the various companies of different sectors like media sector companies for the purpose of printing, publishing, movie production studios, finance & insurance sector, legal & healthcare sector, universities & education institutes, art & culture, various science subjects, archeology, astronomy & oceanography and many more.

The various applications of the Digital Asset Management (DAM) include searching, organizing, back up, securing, verifying the digital assets and checking for any duplicate copies for the digital assets.

Digital Asset Management (DAM) also offers many advantages like it helps in organizing media files easily, enhancing collaboration and speed, in tracking asset usage, helps in controlling quality and assures constant brand, improves workflow and thus productivity as well as it helps in storing Digital assets securely, cost reduction and efficiently transferring files between the remote users, etc.
 
Today their are availability of many software products for the purpose of Digital Asset Management (DAM) like DSpace which was jointly developed by MIT Libraries and HP Labs and the other such software is Image Arcadia.
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