The 3 areas of value

Here’s a quick reminder of the 3 areas of data value we introduced last week.

Image illustrating improved decisions  - where data is used to validate assumptions, improving operations - where data is used to identify process improvements and changes to operating models as well as real time interventions to improve outcomes, and finally, Monetisation of data -  where your package and sell data to others.Data Values (Click to expand)

Make sure you have your Data Value Canvas handy so that you can capture any new opportunities that spring to mind as you go through the case studies.

Share this article:

This article is from the free online course:

Driving Value from Data

The Data Lab

Get a taste of this course

Find out what this course is like by previewing some of the course steps before you join: