IDC's Data Valuation: Industry Perspectives market research and advisory service provides organizations with a method for estimating returns on data utilization in economic output and principles for investment in and deployment of data.
By leveraging IDC's Global DataSphere data and content management, analytics, enterprise intelligence, and other related IDC information and communication technology (ICT) research as well as third-party data sets, this IDC service focuses on the value and impact of investments in data at the business function, firm, industry, and macroeconomic levels.
The rapidly growing utilization of digital data versus human information processing in economic activity raises questions for enterprises about the value of data as an economic resource and its place in enterprise structure. IDC's Data Valuation: Industry Perspectives service provides accurate statistics of data utilization by industries globally in producing economic output as well as a framework to understand the growing economic value of data.