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Navigating the Labyrinth: An Executive Guide to Data Management by Laura Sebastian-Coleman for DAMA International

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Chapter 8 Using and Enhancing Data

One characteristic of data that differentiates it from other assets is that it is not “consumed” when used. Different people and processes can even use the same data at the same time, or use the same data multiple times without depleting it.35 Not only is data non-deplete-able, but many uses of data actually create more data. For example, aggregations and calculations of existing data sets create new data sets, as do predictive models created by data scientists. In many cases, these new data sets will continue to be produced and updated. They require management. They need to be defined and supported through Metadata. Expectations related to their quality must also be defined. Their access and use must be governed. ...

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