Shining a light on the hidden data economy
summary
Argues that data functions as literal capital, estimating 25% of firm value as digital capital and showing the top decile holds the majority with digital capital predicting productivity three years out. Recommends building a regulated internal market via data products and a data backbone that enforces four principles: liquidity, productivity, security, governance. Demonstrates Oracle tools used: Converged Database for shapeshifting data, GoldenGate for transactional events, OCI Data Catalog, Data Safe, Cloud Guard, Oracle Analytics and intelligent matching to deploy and monitor models and compliance.
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chapters (11)
- 0:00Introduction
- 1:53Digital Capital
- 3:20Digital Capital Concentration
- 5:42Hidden Data Economy
- 9:29Dead Data Capital
- 10:17The Problem
- 11:16Competitive Strategy
- 13:28Activities
- 20:37Data Products
- 25:10Data Liquidity
- 30:19Conclusion
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