What is the value of data? A review of empirical methods There is a growing need to be able to value data, to both encourage data investment and use, and to understand the impact of data on the economy, enabling productive and socially valuable uses However, there remain relatively few robust empirical approaches, and certainly no consensus about which to apply for different purposes
Why Data Is Your Most Valuable Business Asset | ITonDemand Businesses generate more data than ever, yet much of it goes unused Research from Seagate and IDC found that companies fail to use 68% of the data, leaving valuable insights untapped At the same time, poor data management can lead to security breaches, compliance issues, and lost revenue
What’s your data really worth? (2025 update) - Proton In this article, we analyze public financial reports to put an approximate value on your personal data Our analysis suggests the annual value of your data if you live in the US is at least $700 And this number has increased since 2022, when we first ran the numbers
In the future, your data is more valuable than gold - HackerNoon Data increases in value as the world becomes more interconnected and intertwined with technology Everything around us is being collected, stored, and analysed If you’re a Spotify user, you’ll be familiar with their “wrapped ”
Valuing Data as an Asset* - Columbia Business School In the twenty-first century, the most valuable firms in the world are valued primarily for their data This article describes a set of tools to measure and value data and highlights unanswered questions, where more research is needed Keywords: Data economy, Data valuation, Data barter, Asset pricing JEL classification: G12, E01
Guide to Data Valuation: How to Measure the Value of Your Data Assets Data valuation involves evaluating the various factors that contribute to the value of data assets These factors include data quality, relevance, uniqueness, volume, diversity, reliability, and security Each of these factors plays a crucial role in determining the overall value of the data asset
What is Data Value? How to Define the Value of Your Data - Talend Since the value of data is understood in terms of business impact, quantifying an organization's data value starts with its data strategy As we’ve discussed, you can derive value from data by using it to reduce costs, increase revenues, or generate income
Articulating Value from Data - World Economic Forum understanding of the unique nature of data and its value to enable data collaboration for shared value creation Placing value on data can change the way employees within an organization think about it, use it, invest in it and steward it Valuation approaches should evolve to address how the value of data changes when shared or opened up
Determining Data Value: Framework, Methodologies, and . . . - Revelate From taking advantage of a potential new revenue stream through data monetization to simply providing valuable data to more people, there is a wide range of reasons why organizations should work to determine their data value
Why Data Matters: Unlocking Its Value for Society and Business Today, data is generated at unprecedented scales, fuelling innovations, enhancing efficiency and enabling personalized services across sectors This data revolution has also necessitated the establishment of global frameworks and institutions to govern its collection, use and protection