This paper describes the development and execution of a data value assessment survey of data professionals
and academics. Its purpose was to explore more effective data value assessment techniques and to better
understand the perceived relative importance of data value dimensions for data practitioners. This is important
because despite the current deep interest in data value, there is a lack of data value assessment techniques and
no clear understanding of how individual data value dimensions contribute to a holistic model of data value.
A total of 34 datasets were assessed in a field study of 20 organisations in a range of sectors from finance to
aviation. It was found that in 17 out of 20 of the organisations contacted that no data value assessment had
previously taken place. All the datasets evaluated were considered valuable organisational assets and the
operational impact of data was identified as the most important data value dimension. These results can inform
the community’s search for data value models and assessment techniques. It also assists further development
of capability maturity models for data value assessment and monitoring. This is to our knowledge the first
publication of the underlying data for a multi-organization data value assessment and as such it represents a
new stage in the evolution of evidence-based data valuation.
Metadata
Item Type:
Conference or Workshop Item (Paper)
Event Type:
Conference
Refereed:
Yes
Uncontrolled Keywords:
Data Value; Business-IT Alignment; Business Value of IT; Data Governance.
This item is licensed under a Creative Commons Attribution-NonCommercial-Share Alike 3.0 License. View License
Funders:
Science Foundation Ireland and co-funded by the European Regional Development Fund through ADAPTgrant number 13/RC/2106, European Regional Development Fund through the Southern & Eastern Regional Operational Programme to Lero grant 13/RC/2094, European Union’s Horizon 2020 research and innovation programme under the Marie Sklodowska-Curie grant agreement No. 713567 (EDGE)
ID Code:
23047
Deposited On:
01 May 2019 14:55 by
Thomas Murtagh
. Last Modified 10 Jan 2020 13:56