Balance Quote by Grace Hopper
“Some day, on the corporate balance sheet, there will be an entry which reads, "Information"; for in most cases, the information is more valuable than the hardware which processes it.”
About This Quote
Source Speech: 1970s Tech Conference, Grace Hopper
Information often outweighs hardware, becoming a valuable asset on balance sheets.
In simple terms: Information can be more valuable than hardware.
Recognize and protect data as a key asset.
Themes
Mood
Type
When to use this quote
- corporate finance
- IT budgeting
- data governance
Key Concepts
Questions to Reflect On
- How can companies better quantify data value?
- What safeguards protect valuable information?
Hardware still essential for processing data.