Value of Data

 Data value depends on different factors however we can mention one related to a business context where the data does not have a specific value like tangible assets but based on the potential of the data which contributes to a business and how you use it to generate revenue or save costs then it has a big value. This factor is the most important since it is going to impact the future so they can estimate how much an investment will be worth in the future.

AI is an example of the value of data for the future since a big data base with more information can be connected to an AI so the more data the more reliable will be an answer.

In summary, the value of data extends beyond the immediate financial and business gain and the more information the more value will be.

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