University of San Francisco Economic Value of Data Research Paper

DEAN OF BIG DATA TIP:

Note: This chapter is a republishing of the original ground-breaking research paper titled "Applying Economic Concepts to Big Data to Determine the Financial Value of the Organization's Data and Analytics and Understanding the Ramifications on the Organizations' Financial Statements and IT Operations and Business Strategies" that Professor Mouwafac Sidaoui and I did while at the University of San Francisco School of Management.

I am including the paper in its original version (except for some minor changes) because the research process and subsequent discoveries provided the catalyst for writing this book.

This paper truly caused me to change my frame with respect to how I thought about determining the value of data, and ultimately, the value of analytics.

I hope you enjoy reading—and studying—it as much as I enjoyed researching and...