The ability to process and analyse data continues to become cheaper and more rapid. However, the proliferation of internal and external data leaves decision makers challenged in how to devote finite resources to exploit actionable data.
Nucleus found the scientific concept of half life can also be applied to data to measure both its initial and diminishing value, and to plan a data management strategy reflective of that value.
The half life of data depends not on industry or data source but on four factors impacting the way companies manage their products’ lifecycles.
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Nucleus Research is a leading provider of investigative information technology research and advisory services. Its analysts deliver insight and guidance to help clients make the best decisions. Advising both suppliers of technology and the organisations that use technology, Nucleus Research specialises in uncovering information that no one else can provide.