A fascinating glimpse into the true value of IT has been revealed by the Lehman Brothers’ collapse.
This article from Data Centre Knowledge and this one from Vunet highlight the actual amounts paid for Lehman’s businesses ($250m) versus its property and data centres ($1.45bn) – a similar story when JPMorgan bought Bear Sterns’ assets earlier this year.
Interesting that when cool assessments of the true value of a company are being made, IT’s importance, and the value of data, are at the top of the list.
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We need to work harder to quantify the value of IT in terms like these. It would greatly improve our chances of building a better business case when trying to sell and market to financial companies.
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