The Currency of Information: Measuring the Value of Data (Part Four)
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)
As another example, companies often desire a comprehensive, multidimensional assessment of the performance of their organizational units, whereas the business information about all the relevant dimensions of performance is often found in multiple transactional IT systems.
Steve Williams • The Profit Impact of Business Intelligence
Further, IT asset-optimization and cost-minimization policies, often driven by chief financial officers (CFOs), complicate the BI operation in ways that may not end up being supportive of the BI-driven profit improvement program.
Steve Williams • The Profit Impact of Business Intelligence
Data and Customers Become Critical Assets of a Company