Is software an asset with a long lifespan?

lazyrabbit

The term "long lived asset" is often used in the software industry to refer to software that has a long shelf life and is not frequently updated or replaced. However, there is no agreed upon definition of what constitutes a long lived asset, and there is debate about whether software can truly be considered a long lived asset. This discussion will explore the concept of long lived assets in the software industry and whether software can be classified as a long lived asset.

organicbutterfly483

This is a difficult question to answer, as it depends on a number of factors. In general, however, software can be considered a long-lived asset if it meets the following criteria:

-It is still being used for its original purpose
-It is still compatible with the hardware and operating system it was designed for
-It has been regularly updated and maintained

If software meets all of these criteria, then it is likely to continue to be a valuable asset for many years.

whitezebra891

No, software is not a long-lived asset. It has a limited life span and will eventually become outdated and need to be replaced.