
The Currency of Information: Measuring the Value of Data (Part Four)

data needs to be managed for quality, timeliness, consistency, reusability, and business relevance
Larry Burns • The Currency of Information: Managing Data as an Asset (Part Three)
The purpose of metadata is not simply to describe data and information assets, but rather to proactively answer questions that consumers might have about them. Where did this data come from? How up to date is it? How trustworthy is it? What business process(es) created it? What business process(es) use it? What transformations or filtering have bee... See more
Larry Burns • The Currency of Information: Managing Data as an Asset (Part Three)
This brings us to our third point: Because data only has meaning within a particular context, consumers of data and information need metadata to help them decide how to use it. This is an important difference between data and other assets. You don’t need much metadata when deciding whether to spend a $20 bill, but you do need metadata when trying t... See more
Larry Burns • The Currency of Information: What Kind of Asset Is Data? (Part Two)
The amount of data we now access has grown far faster than the general level of data literacy in companies. Most companies have too much data, it’s stored in too many places, it’s not ‘clean’ and it’s often more confusing than helpful when it comes to what matters – making decisions with it. We need to ensure companies create centralized yet custom
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