If an asset has value, it needs to be managed. Here are several kinds of asset management outside of the financial world. Digital asset management (DAM): A digital platform or software that allows users to organize, store and share digital assets like photographs and presentations Fixed asset management: A system that allows users to track their fixed assets, which are tangible items like machinery, computers, or buildings to become more efficient IT asset management (ITAM): A system that allows users to employ, monitor and dispose of IT assets like software, hardware, or computers to ensure the assets are functioning properly and the technology remains current Enterprise asset management: A series of processes that allows a company to track maintenance on its physical assets like machinery and equipment  Infrastructure asset management: Tools and strategies that track maintenance for critical infrastructure like nuclear reactors and public drinking water systems