Essay · 23 August 2021 · 1 min read
Estimating The Value of Data
Data science and machine learningLeadershipFinancial services
coauthored with Shubhangi Agawal and Sri Siva Shankar
Ever wondered how much your data assets are worth? Rest assured, you are not alone. Today, organizations appreciate how data is a key asset for realizing the ambition in unlocking new value, new revenue streams, and new opportunities in the unfolding digital reality. Currently, it may only be possible to estimate a return-on-investment a-posteriori to data acquisition and investment. There is value in this approach. However, as a firm’s management trying to maximize shareholder value, or external investors assessing whether to buy, build or invest in an asset, or even as a nation’s government operating amidst the international data flow, we may benefit from having an a-priori estimate of our assets’ value.
Published on towards data sciene and Business Times.
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