data-product

Product

A product:

  1. generates a certain customer
    benefit/satisfies a customer need,
  2. is relevant for more than one user,
  3. is produced with predictable quality/goes
    through a production process,
  4. and is managed within a product life
    cycle.

Data product

The combination of

  1. data assets and
  2. data-related capabilities
    that together form or contribute to
  3. value-added product offerings.
    See different types of data products

Data assets

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Area Tasks Capabilities
Data Acquisition & Management Collect and provide data from all necessary data sources. Data source-specific queries, Data Evaluation, Data storage technologies
Data preparation Increase all dimensions of data quality to a necessary level. Data quality measurement, Increase data quality
Data analysis Select, apply and, if necessary, further develop suitable algorithms. Descriptive Analytics, Predictive Analytics, Prescriptive Analytics
Visualization & Reporting Prepare results and make it available to users. Clarification of mechanisms, Determination of validity limits, Visualization
Deployment Make results available in company processes as well as regular validity testing of the integrated results. Process Analysis & Automation, Programming
Privacy & Security Implement all aspects of data protection and data security Implementation of data protection laws, Defense against data theft, data manipulation, data misuse and data loss

Value-added product offerings

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