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.

Knowledge
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
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.

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Origin of Money Jonathan Poland

Origin of Money

Money is a type of asset or object that is widely accepted as a medium of exchange for goods, services,…

Structural Capital Jonathan Poland

Structural Capital

Structural capital is one of the three primary components of intellectual capital, and consists of the supportive infrastructure, processes, and…

Product Differentiation Jonathan Poland

Product Differentiation

Product differentiation is the unique value that a product offers on the market. This value can come from a variety…

Personal Data Jonathan Poland

Personal Data

Personal data is any information that can be used to identify an individual, including their name, date of birth, address,…

Feedback Loop Jonathan Poland

Feedback Loop

A feedback loop is a process in which the output of a system is used as input to adjust the…

Beautiful Words Jonathan Poland

Beautiful Words

Beautiful words are words that have a mysterious, wondrous, or charming quality. They can also have a dark or conflicted…

Cross Merchandising Jonathan Poland

Cross Merchandising

Cross merchandising is a retail strategy that involves placing related or complementary products in close proximity to each other in…

Taxation Risk Jonathan Poland

Taxation Risk

Taxation risks refer to the potential for a business to face financial or reputational harm due to issues related to…

Business Transformation Jonathan Poland

Business Transformation

Business transformation is the process of fundamentally changing the way an organization operates in order to achieve significant improvements in…

Content Database

Barrick Gold Jonathan Poland

Barrick Gold

Barrick Gold Corporation (NYSE: GOLD) is a significant player in the global economy, particularly within the gold mining industry. Its…

Performance Risk Jonathan Poland

Performance Risk

Performance risk refers to the potential negative consequences that a business may face if a product, service, program, or project…

Types of Work Jonathan Poland

Types of Work

Work refers to any productive activity or pursuit that is undertaken in order to create value. There are countless types…

Product Markets Jonathan Poland

Product Markets

A product market is a venue where buyers and sellers can exchange goods or services. Product markets can be large…

Self-Assessment Jonathan Poland

Self-Assessment

Self assessment is the process of evaluating one’s own work performance and identifying areas for improvement. This can be a…

Aftermarket Jonathan Poland

Aftermarket

The aftermarket refers to the market for products and services that are used to upgrade, customize, repair, or maintain durable…

Division of Labor Jonathan Poland

Division of Labor

The process of dividing work into specific roles, tasks, and steps is known as division of labor. This allows individuals…

Product Rationalization Jonathan Poland

Product Rationalization

Product rationalization is the process of reviewing and optimizing a company’s product portfolio in order to streamline operations and reduce…

Celanese Jonathan Poland

Celanese

Celanese Corporation (CE) is a global technology and specialty materials company that produces a wide range of chemical products, including…