Data Assets

Data assets are valuable pieces of information that organizations own or manage, such as customer records, financial data, or product details. They are treated as important resources because they can help inform decisions, improve operations, and drive growth. Just like physical assets (buildings or equipment) have intrinsic value, data assets hold strategic value when properly collected, organized, and protected. Managing data assets effectively ensures that organizations can access reliable information when needed, support innovation, and gain a competitive advantage in their industry.