Data Asset Valuation

Data and Information as assets

• Business Value:

  • Data and information are considered assets because they possess business value, whether tangible or intangible.

• Estimating Value:

  • Various approaches can be used to estimate the value of data assets.

• Benefits:

  • Identify direct and indirect business benefits derived from the use of data.

• Cost of Data Loss:

  • Identify the cost of data loss, including the impacts of not having the current amount and quality level of data.