Data (the source of information) replaced land, not oil as the top commodity, here’s why – “Data are an asset, but merely having them does not reveal their value; it must be developed to maximize its value. The value of data is not what someone else will pay for it, it is in how you can use it.”

Data is Not Oil. It is Land.

Link: https://www.elderresearch.com/bl

Data Scientist Will Goodrum explores the valuation of data as a business asset and several analogies for the valuation of data in a business context.