Calculating the value of data assets in an organization

Use the valuation process from a article to evaluate a data assets. In your conclusion, propose one way of improving the calculation methodology or formula. Be specific and detailed in your proposal to extend the technique.
This can be one or two pages long use 2 references for support.

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Observation – some of the considerations and properties were initially designed to help the managers estimating the value of information. However, despite the obvious differences between information and asset, most of them can be adapted to be used for data assets valuation by an organization. The present work is based on the following three sources:
• Presentation of financial and non-financial models for evaluating the value of information and data assets. The web address of this resource is given below:
• Engelsman’s work synthesized in the paper “Information Assets and Their Value” which was presented during the 6th Twente Student Conference on IT from Enschede in 2nd February, 2007. The web address of this resource is given below:...

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