10 Incredible Digital Asset Management Benefits You Should Know

Manali Mehrishi

23rd Jan'23
10 Incredible Digital Asset Management Benefits You Should Know | OpenGrowth

A digital asset management system refers to a system where individuals and organizations can organize, track and evaluate their digital assets with minimum risks and at low cost. DAM also streamlines workflows and enhances communication across teams. Whether you are a creator, marketeer, or manager, DAM offers visibility of all assets in a single centralized location. There are several other advantages of digital asset management too, which we will discuss in this article. 

Inefficient management of digital assets poses security threats to your company and your employers, it is also quite time-consuming to manage digital assets. To make organizing and tracking digital assets simpler you need a strategic way of managing your digital assets, that is where digital asset management comes to your aid. It stores the data securely and efficiently, you’ll be able to access all the relevant files, folders, and emails whenever you want. It's a secure yet time and cost-effective method. It can be used by small, midsize, and large organizations, however, companies that need to store large amounts of data will benefit the most from the digital management system.

Let’s read about all the benefits digital asset management system has to offer:

 

10 Advantages of Digital Asset Management

 

  1. Organized content

advantages of digital asset management

 

In today’s digital age lot of content is generated for digital marketing purposes. Digital asset management oR DAM ensures the digital content is securely organized at a centralized location so that any file is accessible by any employer whenever required. The files are secure and retrievable, this eliminates the risk of losing any important information.

 

  1. Streamlines workflow

 

advantages of digital asset management

 

DAM enables effective communication and collaboration between the teams as different teams might require diverse content to check for customer feedback, get legal approval or formulate a promotional strategy. Digital asset management ensures agility and efficiency across departments.


 

  1. Saves time and other resources

If it’s possible to recreate or reuse old images, videos, and infographics with minor tweaking and editing, then why waste time and effort on creating something from scratch? With complete accessibility to old and new content, the creative department's job is to repurpose valuable old content and use it uniquely.

 

  1. Provides consistency

With a single centralized storage location, digital asset management ensures that all the employees, whether new or old can align their work with brand guidelines and create future content accordingly. From content creators to marketers, everyone can maintain brand compatibility.

 

  1. Protection of digital assets

With so much content companies put through online, it's challenging to track, manage and protect all the files. There’s a high chance of content being reused or misused. DAM provides a secure solution to protect your files from being copied and misused. Governance tools restrict downloading and saving digital content. When integrated with digital rights management tools, DAM offers extended protection. Content can be tracked even after its distribution.

 

  1. Monitor and evaluate content

Every company or content provider needs to re-evaluate and monitor their content to identify which content struck a chord with its target audience. Where did they get maximum engagement? 

It is crucial to develop new content and future strategies for brand awareness, promotion, and revenue generation. If the content is created as per customer engagement, it helps to retain loyal customers and can also attract new customers. 

 

  1. Enables subgrouping

DAM enables organizations to subgroup their content as per their use and relevancy. Subgrouping or categorizing content is an essential part of managing digital assets. It saves time and enhances efficiency across all teams.
 

  1. Create Archives

Digital asset management ensures long-term savings of online content. With multiple platforms and extreme digitalization, a lot of online content is created within a single day. Without an asset management system, it's impossible to archive so much digital data for a long period.

 

  1. Enhanced security

advantages of digital asset management

 

Digital asset management can prohibit access to files that can only be accessed by designated personnel. For higher security, you can also encrypt and store data on a remote server. This will protect your digital assets from theft and unauthorized access.

 

  1. Better integration

Considering the benefits of subgrouping and archiving data, a company can improve how they organize data. Data is easily accessible when it is classified appropriately. It fosters better integration and collaboration between management, creators, and marketers.  It saves time, cost, and effort of vital resources.


 

Conclusion

To keep up with today's fast-paced digital world you need to use tools that provide efficiency, security, storage, integration, and accessibility. Digital asset management is a system that is a secure solution that offers organization, protection, and easy accessibility to a large amount of digital data. You can also track and monitor data conveniently. 

(Read more-How to check if someone is spying on your computer.)

It's time you secure your digital collateral and make use of the advantages of digital asset management systems to be able to focus on the core financial and operational requirements of your company.

 

We at OpenGrowth, are committed to keeping you updated with the best content on the latest trendy topics from any major field. Also, both your feedback and suggestions are valuable to us. Do share them in the comment section below.

 

Manali is a content creator, author and life coach. A coffee lover, who also loves to read, write and travel. An observant person who seeks value, clarity and simplicity in all aspects of life.

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