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Economy

The Culture of Data – A Modern Business Paradigm

dataversity.net
 27 days ago

Cover picture for the articleClick to learn more about author Gary Bhattacharjee. After decades of languishing as the exhaust from the business processes, in the last decade, “data” has earned its rightful place as an asset of the business. However, for the most part in a data economy, it is a loss-leading asset, meaning while it is invaluable to conducting and competing in business, the upkeep and value of it are not directly realizable in a balance sheet unless the business itself is selling data.

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