Why Is Data So Valuable? Exploring The Non-Rivalrous Nature Of Data

What is data? We think we know what data is but there's more to it than meets the eye. In this clip you'll learn about the three characteristics of data. Allison and Richard also unpack the concept of non-rivalrous data.Richard S. Whitt, President of GLIA Foundation and former Corporate Director of Strategic Initiatives at Google and Allison Hartsoe explore the unique characteristics of data in this clip. Taken from Episode 128 of the Customer Equity Accelerator Podcast titled Customer Data Privacy: Who Has The Right To Use It? Get the details on data's three unique characteristics in the clip above. You'll learn how data is non-fungible, which means that there is no data point that's exactly the same. Next, you'll learn how data is partially excludable, meaning you can prevent or limit select groups or people from accesses. The third and most important characteristic of data is that it's non-rivalrous, meaning you can share the same data with many different groups who can use it for different purposes. This unique and important element of data has the ability to add value many times over. Listen to Episode 128, Customer Data Privacy: Who Has The Right To Use It? to listen to this episode about all things data privacy.Listen to the full episode