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When you combine two words: "Data" and "Currency", what meaning do they have?Â
When you combine two words: "Data" and "Currency", what meaning do they have?Â
Data Currency
Data Currency
The degree to which the data is current with the world it models.
Data as Currency
Data as Currency
The monetary value assigned to data to identify its financial significance to an organisation.
Data GAP
Data GAP
In the above scenario, a vehicle record is stored with identity (license plate number) ABC123 but the car has changed it to XYZ999.
This causes a data gap.
data governance
data governance
If data currency is not maintained, data cannot be valued as a currency.
Mandala BEST
Mandala BEST
Consult with us for data governance.
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