Most firms in the UK do not know - or significantly underestimate - the value of their data. This has vast implications for the UK economy as organisations fail to harness their data to support essential outcomes.
In addition, without knowing which of their data assets are most valuable, companies across the UK risk allocating capital to the wrong data projects, wasting money on expensive transformation projects that fail to deliver tangible benefits.
Ananya Samuel, Head of Data Valuation at Anmut, said, 'If businesses can learn to fully understand and then harness the power of their data, it could revolutionise our society, creating better outcomes for businesses, the environment, the economy, and the nation as a whole.'
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