If you consider Return on Assets for tech industries over the past 4 years, you'll find everything from 3% for Cloud and Processing businesses, almost 9% for Software and Programming and almost 14%for Internet Services.
In most enterprises, the Information Technology (IT) groups (including others with major IT expenses such as marketing, engineering, and others) don’t calculate their Return on Assets for Data and other intangibles. If you looked at a return on all of the enterprise data assets what kind of numbers might come out?
Valuing data and other intangibles is not as simple as calculating a single number. Seen as an asset, projects like Data Governance, Metadata Management, Data Lineage, and Data Quality have different justifications and possibly different objectives.
This exercise extends beyond just data-related projects. Consider legacy data records. there is much discussion about how fast records can be discarded. If these records were treated as enterprise assets, how would the discussion change? What costs justify recovering data from archive tape and media to leverage current online and near-line assets?
Ekalore has experience and perspectives on the practicality and value of legacy data stores, unusually formatted data, and the integration of disparate data stores. Please drop a note to extend this discussion.
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