Chapter 1 introduces the importance of data assets in the information age, the data management function, the data management profession, and the goals of the DAMA-DMBOK Guide. It sets the stage for presenting a Data Management Overview in the next chapter.
1.1 Data: An Enterprise Asset
Data and information are the lifeblood of the 21st century economy. In the Information Age, data is recognized as a vital enterprise asset.
“Organizations that do not understand the overwhelming importance of managing data and information as tangible assets in the new economy will not survive.”
Tom Peters, 2001
Money and people have long been considered to be enterprise assets. Assets are resources with recognized value under the control of an ...