Some key takeaways to get going.
DATA MONETIZATION
IN A CORONA ERA
Explaining why Data Monetization is
important for your business within
this post covid-19 era.
AGENDA
WHAT EXAMPLES WHY
01
What does Data Monetization actually
mean? Going in depth into the two
ways you can monetize your data
asset..
Illustrating the two ways of
monetization and explain the six
different data monetization areas.
02 03
Emphasizing the role of Data Governance
and explain our Data Governance
Organizing Framework
DATA
GOVERNANCE
04
Emphasizing 6 key takeaways for you
to get going with Data Monetization.
KEY TAKEAWAYS
05
WHAT
01
COVID-19 ERA
MONETIZE YOUR DATA TO SURVIVE
This covid-19 pandemic period turned out to be the
biggest digital stress test for a majority of
organizations. Nearly all companies have realized
that data is a key component of their digital
strategy.
This digital strategy also entails the transformation
of businesses to govern their data more as an asset.
This asset management approach will become of
huge importance. And the essence of asset
management is the monetization of it.
Organizations that monetize their data &
information assets outstrip their rivals by using it to
reinvent, digitalize, or eliminate existing business
processes and product.
2 WAYS OF DATA
MONETIZATION
DIRECT MONETIZATION INDIRECT MONETIZATION
Direct or external data monetization
involves making the data available to
brands and agencies. It helps in the
creation of new revenue streams and
leveraging businesses.
Indirect or Internal data monetization
focuses on mining and leveraging
data to improve a data owner’s
operations, efficiency, productivity. It
enables ongoing communication with
customers or his users.
EXAMPLES
02
DIRECT
MONETIZATION
INDIRECT
MONETIZATION
DATA MONETIZATION
AREAS
ENABLER
PROCESSES
ASSET /
INTELLECTUAL
CAPITAL
COMPETITIVE
POSITION
RISK MANAGER
PRODUCT
WHY
03
Optimizes the Use of
Data and Maximizes
Its Value Potential
Creates Opportunities
in the Market
Increases the Value
of Data
Helps in Sizing of the
Market
Strategy Increases
Overall Productivity
WHY MONETIZE?
1 2 3
4 5
Streamlines Decision
Making and Planning
Creates Competitive
Advantage in the
Market
Improves Customer
Experience and Strengthens
Customer Loyalty
Helps in
Strengthening
Partnerships
Identifies and
Mitigates Risk and
Improves Compliance
WHY MONETIZE?
6 7 8
9 10
LACK OF DATA
STRATEGY
Including a Data Governance program and a roadmap
DATA GOVERNANCE
04
IMPORTANCE OF
DATA GOVERNANCE
DATA GOVERNANCE
ORGANIZING FRAMEWORK
CHANGE MANAGEMENT
DIRECTIVES
STRATEGY
MEASUREMENT
ORGANIZATION
COMMUNICATION
TECHNOLOGY
In order to monetize
your data, you’ll
need to ensure that
your data is fit for
purpose.
DATA
AVAILABILITY
LACK OF
RIGHT DATA
UNCONVENTIONAL
DATA
KEY TAKEAWAYS
05
KEY TAKEAWAYS
DESTINATION
Ambition and Objectives
Business Strategy
Competitive Position
DATA = FUEL
Data Inventory
Data Sources
Data Analytics
PATH
Use Cases
Business Models
Evaluation and
Prioritization
KEY TAKEAWAYS
DATA
TECHNOLOG
Y
Data Architecture
Data Dissemination
ORGANIZATIONAL
SETUP
Data Management
Processes
Governance
PEOPLE
Product Management
Data Scientists
Data Engineers
THANKS
Does anyone have any questions?
Presentation created by Mathias Vercauteren
mathias.vercauteren@sbiconsulting.be
+32 473 833 122
www.sbiconsulting.be
This is where you give credit to the ones who are part of this
project.
⬣ Presentation template by Slidesgo
⬣ Icons by Flaticon
⬣ Infographics by Freepik
⬣ Images created by Freepik - Freepik
⬣ Author introduction slide photo created by Freepik
⬣ Text & Image slide photo created by Freepik.com
CREDITS
RESOURCES
Did you like the resources on this template? Get them for free at our other
websites.
ICONS
⬣ Icons made by phatplus, good wear, becris, surang, turkkub,
Icongeek26, Eucalyp, Pixel Perfect and freepik from www.flaticon.com
PHOTOS
⬣ Blue lake and green shore
⬣ Black sand beaches
⬣ crossing
⬣ High-rises in black and white
⬣ Secret beach
⬣ Aerial of Surfers Paradise, looking south at dusk.
⬣ Welcome to wonderland
⬣ Blue tent under milkyway
⬣ Breathtaking view of sunnylvsfjorden fjord and famous seven sisters
waterfall; norway
⬣ Person looking at top of skyscraper
⬣ Light trails on a suburban highway
⬣ Fire ring
⬣ person wearing backpack standing on cliff in front of mountains
⬣ Red boat moored on the idyllic lake near the rocky mountains
⬣ Rear view of a man with black backpack standing on bridge
⬣ Silhouette of a person's hand holding paper airplane against dramatic
sky
⬣ aerial shot of road surrounded by green trees
⬣ Step up
⬣ ocean wave

Data Monetization in a Corona Era

  • 1.
    Some key takeawaysto get going. DATA MONETIZATION IN A CORONA ERA
  • 2.
    Explaining why DataMonetization is important for your business within this post covid-19 era. AGENDA WHAT EXAMPLES WHY 01 What does Data Monetization actually mean? Going in depth into the two ways you can monetize your data asset.. Illustrating the two ways of monetization and explain the six different data monetization areas. 02 03 Emphasizing the role of Data Governance and explain our Data Governance Organizing Framework DATA GOVERNANCE 04 Emphasizing 6 key takeaways for you to get going with Data Monetization. KEY TAKEAWAYS 05
  • 3.
  • 4.
    COVID-19 ERA MONETIZE YOURDATA TO SURVIVE This covid-19 pandemic period turned out to be the biggest digital stress test for a majority of organizations. Nearly all companies have realized that data is a key component of their digital strategy. This digital strategy also entails the transformation of businesses to govern their data more as an asset. This asset management approach will become of huge importance. And the essence of asset management is the monetization of it. Organizations that monetize their data & information assets outstrip their rivals by using it to reinvent, digitalize, or eliminate existing business processes and product.
  • 5.
    2 WAYS OFDATA MONETIZATION DIRECT MONETIZATION INDIRECT MONETIZATION Direct or external data monetization involves making the data available to brands and agencies. It helps in the creation of new revenue streams and leveraging businesses. Indirect or Internal data monetization focuses on mining and leveraging data to improve a data owner’s operations, efficiency, productivity. It enables ongoing communication with customers or his users.
  • 6.
  • 7.
  • 8.
  • 9.
  • 10.
  • 11.
    Optimizes the Useof Data and Maximizes Its Value Potential Creates Opportunities in the Market Increases the Value of Data Helps in Sizing of the Market Strategy Increases Overall Productivity WHY MONETIZE? 1 2 3 4 5
  • 12.
    Streamlines Decision Making andPlanning Creates Competitive Advantage in the Market Improves Customer Experience and Strengthens Customer Loyalty Helps in Strengthening Partnerships Identifies and Mitigates Risk and Improves Compliance WHY MONETIZE? 6 7 8 9 10
  • 13.
    LACK OF DATA STRATEGY Includinga Data Governance program and a roadmap
  • 14.
  • 15.
  • 16.
    DATA GOVERNANCE ORGANIZING FRAMEWORK CHANGEMANAGEMENT DIRECTIVES STRATEGY MEASUREMENT ORGANIZATION COMMUNICATION TECHNOLOGY
  • 17.
    In order tomonetize your data, you’ll need to ensure that your data is fit for purpose.
  • 18.
  • 19.
  • 20.
    KEY TAKEAWAYS DESTINATION Ambition andObjectives Business Strategy Competitive Position DATA = FUEL Data Inventory Data Sources Data Analytics PATH Use Cases Business Models Evaluation and Prioritization
  • 21.
    KEY TAKEAWAYS DATA TECHNOLOG Y Data Architecture DataDissemination ORGANIZATIONAL SETUP Data Management Processes Governance PEOPLE Product Management Data Scientists Data Engineers
  • 22.
    THANKS Does anyone haveany questions? Presentation created by Mathias Vercauteren mathias.vercauteren@sbiconsulting.be +32 473 833 122 www.sbiconsulting.be
  • 23.
    This is whereyou give credit to the ones who are part of this project. ⬣ Presentation template by Slidesgo ⬣ Icons by Flaticon ⬣ Infographics by Freepik ⬣ Images created by Freepik - Freepik ⬣ Author introduction slide photo created by Freepik ⬣ Text & Image slide photo created by Freepik.com CREDITS
  • 24.
    RESOURCES Did you likethe resources on this template? Get them for free at our other websites. ICONS ⬣ Icons made by phatplus, good wear, becris, surang, turkkub, Icongeek26, Eucalyp, Pixel Perfect and freepik from www.flaticon.com PHOTOS ⬣ Blue lake and green shore ⬣ Black sand beaches ⬣ crossing ⬣ High-rises in black and white ⬣ Secret beach ⬣ Aerial of Surfers Paradise, looking south at dusk. ⬣ Welcome to wonderland ⬣ Blue tent under milkyway ⬣ Breathtaking view of sunnylvsfjorden fjord and famous seven sisters waterfall; norway ⬣ Person looking at top of skyscraper ⬣ Light trails on a suburban highway ⬣ Fire ring ⬣ person wearing backpack standing on cliff in front of mountains ⬣ Red boat moored on the idyllic lake near the rocky mountains ⬣ Rear view of a man with black backpack standing on bridge ⬣ Silhouette of a person's hand holding paper airplane against dramatic sky ⬣ aerial shot of road surrounded by green trees ⬣ Step up ⬣ ocean wave

Editor's Notes

  • #17 Data governance is the organizing framework for establishing the strategy, objectives and policy for effectively managing corporate data. It consists of the processes, policies, organization and technologies required to manage and ensure the availability, usability, integrity, consistency, auditability and security of our data. A data governance program consists of the inter-workings of 7 core components