Everybody agrees that "Data is the most valuable asset". But, then how do we assess the value of each piece or a collection of data or information?
Why it is important? It is critical because organization spends money on collecting, curating, and storing data. Data can be sold. Monetizing data is a vital fundamental for many commercial / social organizations.
A piece of information may be valuable to me but absolute thrash /useless item for another person. The information I value very much today may be completely neglected tomorrow. It all depends on who I am, where I am, etc. The value of data comes from several contextual factors. There are more to discuss about this. May be you all can chime in
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