Attard, Judie ORCID: 0000-0001-7507-1864 and Brennan, Rob ORCID: 0000-0001-8236-362X (2018) Challenges in value-driven data governance. In: OTM Confederated International Conferences "On the Move to Meaningful Internet Systems", 22-26 Oct 2018, Valletta, Malta. ISBN 978-3-030-02670-7
Abstract
Data is quite popularly considered to be the new oil since
it has become a valuable commodity. This has resulted in many entities
and businesses that hoard data with the aim of exploiting it. Yet, the
‘simple’ exploitation of data results in entities who are not obtaining
the highest benefits from the data, which as yet is not considered to
be a fully-fledged enterprise asset. Such data can exist in a duplicated,
fragmented, and isolated form, and the sheer volume of available data
further complicates the situation. Issues such as the latter highlight the
need for value-based data governance, where the management of data assets is based on the quantification of the data value. This quantification
will provide an opportunity for evidence-based approaches to data governance. This paper has the purpose of creating awareness and further
understanding of challenges that result in untapped data value. We identify niches in related work, and through our experience with businesses
who use data assets, we here analyse four main context-independent challenges that hinder entities from achieving the full benefits of using their
data. This will aid in the advancement of the field of value-driven data
governance and therefore directly affect data asset exploitation.
Metadata
Item Type: | Conference or Workshop Item (Paper) |
---|---|
Event Type: | Conference |
Refereed: | Yes |
Uncontrolled Keywords: | Data governance; data value; data asset; data exploitation |
Subjects: | UNSPECIFIED |
DCU Faculties and Centres: | DCU Faculties and Schools > Faculty of Engineering and Computing > School of Computing Research Initiatives and Centres > ADAPT |
Published in: | On the Move to Meaningful Internet Systems. OTM 2018 Conferences Confederated International Conferences. Lecture Notes in Computer Science 11230. Springer International Publishing. ISBN 978-3-030-02670-7 |
Publisher: | Springer International Publishing |
Official URL: | https://doi.org/10.1007/978-3-030-02671-4_33 |
Copyright Information: | © 2018 Springer Nature |
ID Code: | 22980 |
Deposited On: | 15 Feb 2019 12:58 by Thomas Murtagh . Last Modified 15 Feb 2019 12:58 |
Documents
Full text available as:
Preview |
PDF
- Requires a PDF viewer such as GSview, Xpdf or Adobe Acrobat Reader
10MB |
Downloads
Downloads
Downloads per month over past year
Archive Staff Only: edit this record