The next frontier of asset valuation
The expectations of shareholders, investors, clients, partners and governance bodies around data asset management are escalating quickly. Step changes in AI and ML capabilities mean that data is now being considered a core asset for most companies and organisations. Measurement of data management and performance is rapidly moving from optional to critical and those with a clear understanding of the value of their data assets have a distinct competitive advantage.
Data cannot be easily commoditised.
There are no specific accounting principles for data, yet data is different from other intangible assets.
Data assets need a unique valuation methodology.