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Prove the Value of Data

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  1. Data Valuation Downloads

  2. Why we need to put a dollar value on data

    Data valuation 101: why you need hard numbers to succeed
    4 Topics
  3. Setting the scene - a Finance 101
    What are some financial metrics your management will care about?
    3 Topics
  4. The four categories of data value
    4 Topics
  5. Establishing a baseline
    The value of intangible assets
  6. Data valuation 102: how much is your data worth today?
    4 Topics
    |
    1 Quiz
  7. Fail-Proof Data Valuation Techniques
    An introduction to data valuation models
  8. Enhance Experience - how data can win you more business
    2 Topics
    |
    1 Quiz
  9. Wheelspin Wipeout - Put a price on waste and rework
    2 Topics
    |
    1 Quiz
  10. Eliminate ambiguity - how to drive productivity across your enterprise
    3 Topics
    |
    1 Quiz
  11. Opportunity knocks - where can we sell or barter our data?
    4 Topics
  12. Data Debt - the high cost of doing nothing
    2 Topics
    |
    1 Quiz
  13. Infonomics - a practical review
    7 Topics
    |
    1 Quiz
  14. How much does it cost to be wrong?
    1 Quiz
  15. Using data valuations
    How do we use these data valuations?
  16. Mapping data valuations to Enterprise value
  17. Running Data Monetisation Workshops
  18. Growing data value through time - Bill Schmarzo's Economic Value of Data
  19. Next steps
    1 Quiz

Participants 49

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  1. Prove the Value of Data
  2. The four categories of data value
  3. Reduce risks

Lastly, you can reduce risks, and we know, for example, in 2020 that Citigroup was fined four hundred million dollars for failing to govern their data effectively and systematic lack of risk controls. This is an enormous fine, and if you get hit by this, it’s going to come right off the bottom line.

This kind of fine is entirely avoidable if you can quantify the risk and you can go and mitigate it before it occurs.

Avoid data breaches

We also know from IBM that the risk of a data breach is large and getting larger, and the cost per record stands at $180 today. That is a vast amount of money if you have millions of customers. We’ve also got regulations tightening around the world around private information, personally identifiable information with GDPR leading the charge there in Europe and massive fines being levied against companies for non-compliance.

Stop struggling, start succeeding

learn how to get your data program funding

Quickly learn how to succeed with 3-5 minute long video lessons packed with practical advice you can use in your job today

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