The key characteristics of data
Posted: Tue Feb 11, 2025 3:48 am
However, many firms often use the terms resource, asset, and product interchangeably in association with data. But all these terms are very different and have distinct meanings in the context of data and business performance. This blog demystifies the differences between these concepts from a data and business perspective:
Resource
A resource is defined as something that can be cambodia whatsapp number data potentially used or consumed to generate value. It is raw and often requires transformation or processing before it becomes useful. In the data context, it is raw data collected from sensors, web pages, user inputs, or external sources in its native or natural format. when viewed as a resource are:
Data is unrefined (i.e., captured and stored it in original or native state).
Requires manipulation, cleaning, or processing to extract value, or rather specifically – additional value. While data in a raw or unstructured format might be valuable for operations and compliance, data needs to be transformed into a structured format if it needs to be used for deriving insights.
Used as an input to create data products or data assets.
Resource
A resource is defined as something that can be cambodia whatsapp number data potentially used or consumed to generate value. It is raw and often requires transformation or processing before it becomes useful. In the data context, it is raw data collected from sensors, web pages, user inputs, or external sources in its native or natural format. when viewed as a resource are:
Data is unrefined (i.e., captured and stored it in original or native state).
Requires manipulation, cleaning, or processing to extract value, or rather specifically – additional value. While data in a raw or unstructured format might be valuable for operations and compliance, data needs to be transformed into a structured format if it needs to be used for deriving insights.
Used as an input to create data products or data assets.