Fueling Dynamic Capabilities using Liquid Data Assets

Link: https://cisr.mit.edu/publication/2023_0613_LiquidData_Wixom_Video

From MIT CISR

Abstract:

Data liquidity is defined as the ease of data asset reuse and recombination. Companies increase data liquidity by building out their data monetization capabilities; data monetization is the conversion of data into financial returns. MIT CISR research has identified three data monetization approaches: improving with data, wrapping products with data-fueled features and experiences, and selling information solutions. In this session summary, Barb describes a data monetization capability framework that can be used to assess a company’s data liquidity ability, drawing on an analysis of her research on Healthcare IQ.

Publication date:

Publication type: Video

Publication authors:
Barbara H. Wixom