Data Asset

Data Asset

Data Asset Jonathan Poland

A data asset is any data that is expected to produce future financial returns. The value of a data asset can vary significantly depending on the specific industry and business model in which it is used. For example, data that is highly valuable to one industry may have little value to another industry. It is important for businesses to carefully assess the potential value of their data assets and to develop strategies for leveraging them to generate revenue.

Designs & Methods
Intellectual property such as patents, designs and trade secrets.

Documents and diagrams designed to share knowledge. The term data asset is only applied to knowledge that you own such as a document produced by an employee.

Media such as a film that you produced.

Transactions & Interactions
Historical commercial transactions and interactions. This may have value for decision support and optimization activities.

User Input
User input such as social media posts. This can have value as content or to analyze for decision making or research.

Sensor Data
Data collected from sensors such as a weather research database that contains historical weather station data.

Calculated Data
Calculations such as a market demand forecast generated by an algorithm using hundreds of factors.

Content Database

Human Behavior Jonathan Poland

Human Behavior

Behavior is a pattern of actions or reactions that varies depending on factors such as context and mood. It is…

Conflicts of Interest Jonathan Poland

Conflicts of Interest

A conflict of interest exists when an individual or organization has incentives that contradict their responsibilities. This can occur when…

Communication Strengths Jonathan Poland

Communication Strengths

Communication strengths are qualities or abilities that enable an individual to communicate effectively. These can include general communication skills, such…

Original Equipment Manufacturer Jonathan Poland

Original Equipment Manufacturer

An OEM (original equipment manufacturer) is a company that produces parts or equipment that is used in the manufacture of…

Business Management Jonathan Poland

Business Management

Business management is the process of overseeing and running a business or organization. This involves a wide range of activities,…

What is Avoidance? Jonathan Poland

What is Avoidance?

Avoidance is the act of avoiding something that one finds unpleasant or inconvenient. This can involve a variety of different…

Procurement Risk Jonathan Poland

Procurement Risk

Procurement risk is the risk of financial loss or other negative consequences that may arise from the process of procuring…

Product Knowledge Jonathan Poland

Product Knowledge

Product knowledge refers to the ability to effectively communicate information and answer questions about a product or service. This knowledge…

Compliance Testing Jonathan Poland

Compliance Testing

Compliance testing is the process of evaluating an organization’s compliance with laws, regulations, and other standards to ensure that it…