Resources

2020 Data Leadership Report

86 data leaders. $1 trillion in combined revenues. Find out what they had to say about data assets, how they’re seen, invested in, managed (or not) and what experts say can be done to tackle the challenges.
anmut data leadership report

How To Manage Data As An Asset

Watch this to learn what it means to manage data as an asset, why you should, why it doesn’t happen more and how to get the business on board with it.
  • Intro
  • 00:44 – Data is important
  • 02:02 – Why is data important & what’s changed that data has become so important?
  • 03:11 – Data is a significant asset, but it’s not managed as an asset
  • 03:38 – Digital-born companies understand that data is the lifeblood of the organisation
  • 05:06 – CEOs agree that data is critical, but organisations invest in tech, not data
  • 06:50 – Only 3% of data is fit for purpose
  • 07:58 – The hidden cost of bad data
  • 08:41 – The data maturity ladder
  • 09:25 – The data problem unpacked
  • 13:55 – How do we solve it? Improving ROI on data assets
  • 16:02 – Data asset management in action

Insights

The National Data Strategy Expert Roundtable

On the week of 16th November, a select group of experts – all data leaders in leading public, private and academic institutions – came together to discuss the National Data Strategy. This article summarises the key points of discussion and consideration for those concerned with the strategy. The National Data Strategy sets out the UK Government’s ambition for data. It

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Different Data Valuation Methodologies: The Pros & Cons

Data valuation methodologies keep evolving The oldest mathematical objects ever to have been found were bones of baboons with clearly defined notches between 25,000 and 35,000 years ago. While there are many theories as to what these notches represented, some believe that these are the earliest records of humans recording numerical data. Perhaps these marks signify that humans have understood

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The UK’s National Data Strategy – A Data Asset Management View

The UK’s National Data Strategy has been published for public consultation. We welcome it, especially its endorsement of treating data as a strategic asset. We believe in the power of data-driven decisions to make people’s lives better, be they customers, employees, suppliers, shareholders, local communities or future generations. That’s why our purpose is to enable organisations to get the best return from

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Why Data is Essential for the Big Oil Transformation: The Ørsted Story

“This is a very bleak year, but I am more confident than ever for the clean energy transition.” Those are the words of the International Energy Agency’s Executive Director, Faith Birol, speaking in 2020. The IEA figurehead recognises that the landscape that once favoured fossil fuel providers so well has changed. Big Oil is facing a shake-up like never before.

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To Manage Data As An Asset, You Need To Know What Kind Of Asset Data Is

Everyone says data is an asset, but few know what kind of asset data is Data assets are talked about a lot, but few really understand what kind of asset data is. When you do understand it, you realise why most people don’t, and how we, the data community, can help them. The word “economy” comes from the Greek roots

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The Role of Data Governance During A Pandemic

Data governance – who’s counting? 858 212. About the population of Reunion**, and the gap between the WHO’s and John Hopkins’ total confirmed cases of COVID-19 worldwide**. On the 29th of October 2020, the WHO reported 44,002,003 confirmed cases. Worldometer which John Hopkins base their figures on, reported 44,860,215 cases. 858,212 is a big number – a whole island. The

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Why You Should Be Treating Your Data As An Asset

Data is everywhere. Data is revolutionising business, changing the way organisations work, the services they offer and the decisions leaders make. This trend is obvious in born digital businesses like Netflix, Amazon and Uber. Their data is used to make recommendations, manage inventories or match capacity (drivers) to demand (passengers).  For many businesses, data has become the lubricant that allows

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How Could Your Data Be Valued As An Asset?

Data is often talked about as a lake – organisations are either building or sitting on data lakes, but the problem with this analogy is that not all data in the lake is equally valuable. From a valuation perspective it is much better to think about data pools. Independent data assets – that may be combined into larger pools –

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Data Valuation | What Is Your Data Worth?

Data is an asset, not a commodity. Some people talk about data as the new oil, but this is too simplistic. Oil is a commodity – to be bought and sold. Data is an asset, an asset that grows in value through use. A single person’s data is not very valuable. Combining the data generated by thousands of people is a completely

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Can The Fast-Moving Consumer Goods Industry Keep Up The Pace?

Unilever, Kraft Heinz, Kimberly-Clark, Nestlé and Diageo. Just a small selection of the heavyweights that have benefitted from the success of the fast-moving consumer goods industry over the last decades. These companies have achieved success by leveraging strong retail relationships and driving down costs through mass production. But as consumer behaviours and habits shift towards the personalised products and subscription-based

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