What Works Series Slides: The Art Of Data Valuation
Wayne Eckerson
March 28, 2024
Abstract: In this session, Wayne Eckerson and Sean Hewitt discuss the benefits of data valuation and a methodology to assess the strategic and operational value of data assets.
Read time: 1 min.
Most organizations accept that their data has value and should be managed as an asset, but few organizations can determine the value of their data. Wayne and Sean will discuss the benefits of data valuation and a methodology to assess the strategic and operational (non-monetary) value of data assets.
You Will Learn:
Why is it important to assess data value to support strategic planning and data management
Why is it difficult to assign monetary value to data
When and how is data a liability
What are the criteria and process for assessing data value
- How can data valuation metadata be used to support data management
Host and Moderator: Wayne Eckerson, President and Lead Consultant, Eckerson Group
Consultant: Sean Hewitt, Senior Consultant, Eckerson Group
About the What Works Series:
The What Works Series provides data and analytics leaders practical advice about how to succeed in key areas: data strategy, data architecture, data governance, data literacy, self-service analytics, and emerging technology approaches. These interactive sessions are delivered by Eckerson Group consultants who collectively have 200+ years of data & analytics experience. The sessions are unsponsored, enabling our experts to offer the unvarnished truth about trends, tools, and technology unfiltered by software vendors.
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