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Glossary definition: Data Asset

Data Asset: Valuable Information for Businesses

Data Asset: A data asset is any structured or unstructured data that has value to an organization. Data assets are typically used to inform decisions, build products, and discover insights. Data assets can include customer data, financial data, operational data, and any other data that is important to an organization. Data assets can be stored in databases, spreadsheets, or other formats, and can be accessed through applications, analytics tools, or other means. Data assets are usually managed and maintained by data analysts, data scientists, or other data professionals. Data assets are valuable resources that can help organizations become more efficient, competitive, and profitable.