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Data Information Systems: Data of corporate asset

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Data of a corporate asset.

Describe 4 examples of viewpoints from organizations that strongly value data to drive their business.

Should the ownership of data lie within solely the information technology area or other areas of the given entity?

Provide two or three examples of why or why not you think this ownership of data should lie solely within the infromation technology area.

Attached is a document that may help detail a little more about database systems, data as a corporate asset and the data information decision making cycle.

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Solution Summary

This solution of 702 words discusses data of a corporate asset, touching on organizations that strongly value data and ownership of details with examples. References used are included.

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Hi,

I've tried to address your questions in the attached document. Kindly go through it and let me know if you need further assistance. I'm attaching a word file so you may easily update it as per your requirements. The attached helping document will surely give you ideas and help you to complete your task.

Good luck.

SOLUTION TO A PROBLEM
Data Information Systems
Data of a corporate asset
1. Can you help describe 4 examples of viewpoints from organizations that strongly value data to drive their business?

2. Do you think the ownership of data should lie within solely the information technology area or other areas of the given entity?

3. Can you provide two or three examples of why or why not you think this ownership of data should lie solely within the information technology area?

Solution
1. Many organizations around the world strongly value date to drive their businesses. This data can be collected and stored in different ways. The data may be about customers, services the organization provides, products, usage, sales etc. Most of this data speak numbers, show statistics and is heavily used to measure success, attract businesses, and gain popularity. Thus, the data are a valuable resource that can translate into ...

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