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The Economics of Data, Analytics, and Digital Transformation: The theorems, laws, and empowerments to guide your organization’s digital transformation-Bill Schmarzo

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Ebook About
Build a continuously learning and adapting organization that can extract increasing levels of business, customer and operational value from the amalgamation of data and advanced analytics such as AI and Machine LearningKey FeaturesMaster the Big Data Business Model Maturity Index methodology to transition to a value-driven organizational mindsetAcquire implementable knowledge on digital transformation through 8 practical lawsExplore the economics behind digital assets (data and analytics) that appreciate in value when constructed and deployed correctlyBook DescriptionIn today’s digital era, every organization has data, but just possessing enormous amounts of data is not a sufficient market discriminator.The Economics of Data, Analytics, and Digital Transformation aims to provide actionable insights into the real market discriminators, including an organization’s data-fueled analytics products that inspire innovation, deliver insights, help make practical decisions, generate value, and produce mission success for the enterprise.The book begins by first building your mindset to be value-driven and introducing the Big Data Business Model Maturity Index, its maturity index phases, and how to navigate the index. You will explore value engineering, where you will learn how to identify key business initiatives, stakeholders, advanced analytics, data sources, and instrumentation strategies that are essential to data science success. The book will help you accelerate and optimize your company’s operations through AI and machine learning.By the end of the book, you will have the tools and techniques to drive your organization’s digital transformation.Here are a few words from Dr. Kirk Borne, Data Scientist and Executive Advisor at Booz Allen Hamilton, about the book:Data analytics should first and foremost be about action and value. Consequently, the great value of this book is that it seeks to be actionable. It offers a dynamic progression of purpose-driven ignition points that you can act upon.What you will learnTrain your organization to transition from being data-driven to being value-drivenNavigate and master the big data business model maturity indexLearn a methodology for determining the economic value of your data and analyticsUnderstand how AI and machine learning can create analytics assets that appreciate in value the more that they are usedBecome aware of digital transformation misconceptions and pitfallsCreate empowered and dynamic teams that fuel your organization’s digital transformationWho this book is forThis book is designed to benefit everyone from students who aspire to study the economic fundamentals behind data and digital transformation to established business leaders and professionals who want to learn how to leverage data and analytics to accelerate their business careers. Table of ContentsThe CEO Mandate: Become Value-driven, Not Data-drivenValue Engineering: The Secret Sauce for Data Science SuccessA Review of Basic Economic ConceptsUniversity of San Francisco Economic Value of Data Research PaperThe Economic Value of Data TheoremsThe Economics of Artificial IntelligenceThe Schmarzo Economic Digital Asset Valuation TheoremThe 8 Laws of Digital TransformationCreating a Culture of Innovation Through EmpowermentAppendix A: My Most Popular Economics of Data, Analytics, and Digital Transformation InfographicsAppendix B: The Economics of Data, Analytics, and Digital Transformation Cheat Sheet

Book The Economics of Data, Analytics, and Digital Transformation: The theorems, laws, and empowerments to guide your organization’s digital transformation Review :



Recommended by Kirk Borne on Linkedin, I knew the book when there were just 1 or 2 reviews on Amazon. I am glad that I made the decision to buy this book! It turns out to be a great asset, helping me to think strategically about how to evaluate data value, how to frame an analytic project, and more importantly, the economics laws that drive the digital transformation of the whole world. I love this best from the book: " it isn’t the volume of data that one monetizes, it’s the granularity at the level of the individual that one monetizes." A great book I would recommend to all data practitioners!
Fabulous perspective, a must read for anyone in business and IT !!

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