Data Value Check
What value is in your data?
Today, data is the central resource for economic success. Increasing digitalization generates more and more data in all areas of business and industry. Modern analytical methods open up these large amounts of data.
The results are often astonishing: data-driven processes, services and products are optimized and newly developed. For example
This opens up savings potential, competitive advantages and access to new business areas for companies.
Data Value Check is a solid recommendation for the implementation of data-driven projects or the establishment of data-driven business in companies.
Robert Ginthör, Chief Technology Officer & Business Development
Data Value Check is used to generate and select promising data-driven use cases based on a cost-benefit logic. In order to evaluate the benefit potential of data, it is necessary to consider not only technical but also economic and legal factors.
Since the assessment of data suitability in particular is a relatively complex task, less promising, too risky or simply impossible, use cases must be identified and discarded as early as possible in order to guarantee an efficient process.
Data Value Check provides you with a well-founded statement about the feasibility of your data-driven use cases, including the economic and technical aspects as well as the legal perspective. (DSGVO, copyright,…etc.) With this 360° view, Data Value Check enables you to facilitate decision-making on the one hand, but also to raise awareness of the requirements and possibilities in the field of data analytics on the other.
In 2019 more than 120 use cases have already been developed and evaluated together with 6 partners. Among these companies were for example, FFG or Reval.
We are also pleased about the numerous participants who accepted the invitation to our online talk series ‘Added value from data’.
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