
Driven by Data: The Podcast
S3 | Ep 1 | Valuing Your Data as an Asset with Davin Crowley-Sweet, CDO at National Highways
Nov 8, 2022
In this podcast episode, Davin Crowley-Sweet, Chief Data Officer at National Highways, discusses the importance of valuing data as an asset. He highlights the need for data literacy and business literacy, the role of a CDO in creating value, and the impact of valuing data on strategy and investments. The speakers also reflect on past experiences and lessons learned, and emphasize the successful execution of a data strategy that generated £60 million in benefits.
49:22
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Quick takeaways
- Valuing data as an asset helps businesses make informed investment decisions and prioritize data projects for maximum value.
- Shifting the perception of data from a technical concern to a strategic asset helps organizations allocate resources effectively and achieve business goals.
Deep dives
Valuing Data as an Asset
Valuing data as an asset is crucial for organizations to understand its worth and allocate resources accordingly. By assigning a tangible value to data, businesses can make informed decisions about investment and capital allocation. This approach helps in prioritizing data projects and focusing on strategies that deliver the greatest value.
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