In the world of finance, a company’s balance sheet is used to gauge the overall health of the business. While balance sheets can be complicated, they really boil down to a few key concepts: assets, revenue, and debt. It can be useful to apply these financial concepts to the world of big data to help companies more effectively manage their risks associated with data and technology.
When thinking about your big data, the concepts of debt, asset, and leverage can help you make the most of your assets without taking on more obligations than you can effectively pay off.
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