Models abstract complexity.
Models are manageable.
Models proxy tangibility.
Information technology isn't tangible, but is (instead) operational.
Information technology is tactical and strategic, as well as operational.
Information technology is an asset, not just an expense.
Information technology is a corporate asset.
Assets have lives.
Assets should be owned and managed, as well as built and supported.
Asset management will vary, depending on the lifecycle stage the product is in.
Ownership should be consistent and identifiable throughout the product's life.