Let’s Be Clear: A Data Asset Is Not A Data Product - Audio Blog
Aug 15, 2023
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This podcast explores the difference between data assets and data products, emphasizing the importance of properly labeling and categorizing different types of data assets. It discusses the role of internal data stores in creating and sharing data products, and the benefits they offer such as improved access to core data assets and streamlined processes. Additionally, it delves into the difference between data assets and data products, and how they serve a target audience with governance and testing.
Data assets only become data products when published in a data store with metadata and a bidirectional contract.
Establishing an internal data store is crucial for organizations to become data-driven and streamline data access.
Deep dives
Data Asset vs. Data Product
Data products are being used as a trendy term to describe existing data assets, but there is actually a subtle difference between the two. A data product is a data asset that acquires characteristics of a usable product when it resides in a data store. It has unique metadata, subscription and delivery options, and a bidirectional contract. The focus is on external use rather than internal development. Building data assets with the rigor of data products is crucial, but they only become data products when they are available in a data store.
The Role of Internal Data Stores
Internal data stores are essential for organizations to easily create, publish, and share data products internally and even externally. Having an internal data store eliminates the lengthy process of reviewing data requests and ensures broad access to core data assets. Data producers can create and distribute data products without human intervention. Data consumers can browse, evaluate, and acquire data products without lengthy permission requests and waiting periods. Establishing an internal data store or marketplace is necessary for organizations that strive to be data-driven.
Most definitions of a data product conflate it with a data asset. The only way to turn a data asset into a data product is to publish it in a data store along with metadata about subscription and delivery options, and terms of service that specify a bidirectional contract between data consumer and producer.
Published at: https://www.eckerson.com/articles/let-s-be-clear-a-data-asset-is-not-a-data-product
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