How do you estimate the value of a “pile of data”?

How do you estimate the value of a “pile of data”?

A very common question people ask is how to measure the latent value of data that the own. We typically explore this question by simply force fitting our particular situation into an existing business model (e.g. Google or Azure etc..). However, many of the ways in which data will turn into new value are not understood today.

The paper that some colleagues from IBM Research shared with me were very valuable in helping think through this question..

More ideas to come soon…

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