02597 a2200289 450000100060000000300090000600500170001500800410003202000300007304000130010304100080011608200220012410000280014624501750017426000480034930000410039750400510043850506700048952008790115965000350203865000320207365000380210565000470214365000460219065000530223665000180228911543IN-BhIIT20260901104635.0260901b |||||||| |||| 00| 0 eng d a9781800561410 (paperback) aIN-BhIIT aeng a330.015195bSCH/E aSchmarzo, Bill.eauthor aThe economics of data, analytics, and digital transformation :bthe theorems, laws, and empowerments to guide your organization's digital transformation /cBill Schmarzo. aBirmingham :bPackt Publishing Ltd.,c2020. a227 pages :billustrations ;c23 cm. aIncludes bibliographical references and index. aThe CEO mandate: become value-driven, not data-driven -- Value engineering: the secret sauce for data science success -- A review of basic economic concepts -- University of San Francisco Economic Value of Data research paper -- The economic value of data theorems -- The economics of artificial intelligence -- The Schmarzo economic digital asset valuation theorem -- The 8 laws of digital transformation -- Creating a culture of innovation through empowerment -- My most popular economics of data, analytics, and digital transformation infographics -- The economics of data, analytics, and digital transformation cheat sheet -- Other books you may enjoy -- Index. aThe economics of data, analytics, and digital transformation: This book examines how organizations can move beyond simply collecting data and instead use data, analytics, artificial intelligence, and machine learning to create measurable economic and business value. Bill Schmarzo introduces frameworks for becoming value-driven, including the Big Data Business Model Maturity Index and value engineering, and explains economic concepts such as marginal costs, economic utility, and multiplier effects in the context of digital assets. The book explores the economic value of data, AI, and analytics, presents the Schmarzo Economic Digital Asset Valuation Theorem, and outlines eight laws for successful digital transformation. It also emphasizes innovation, employee empowerment, customer-focused decision-making, and the development of continuously learning organizations. aData miningxEconomic aspects. aBig dataxEconomic aspects. aData analyticsxEconomic aspects. aArtificial intelligencexEconomic aspects. aInformation technologyxEconomic aspects. aBusiness enterprisesxTechnological innovations. aEconometrics.