Chances are the answers to this question have been quite varied, most likely due to the specific industry targeted in each article or presentation. While there may be varying answers, there is a common connection: Data, no matter the industry, is becoming increasingly valuable.
Different organizations are realizing different value using data, some of the bullets read like: Run more efficiently, Be more competitive, Evaluate performance, Support key business decisions, Compliance Analytics, Monetizing the data. These problems have existed for long and data could/should have been used for generating the answers. So let’s put it another way – Data has always been valuable, we are just learning new ways of realizing that value.
Author: Irene Polikoff