5. Value of data (including future value):
1. Important value: Data holds information about the world.
2. Operational value: It helps organisations make decisions
and run easily.
3. Cash value: Data can be sold or used to create useful products.
4. Planned value: It gives companies a competitive feature
by informing decisions.
5. Predictive value: Data enables forecasting future directions
and results.
6. Creative value: It drives advancements in technology and
services.
7. Social and environmental value: Data can benefit society
and the environment.
8. Ethical Considerations: It's fundamental to handle data
responsibly and ethically.
Overall, data is a powerful resource that shapes business,
technology, and society.
Value of data (including future value)
