Infinite Machine Learning

Doug Laney on infonomics, data monetization patterns, quantifying data's economic value, collateralizing data, and insuring data.

July 06, 2022 Prateek Joshi
Infinite Machine Learning
Doug Laney on infonomics, data monetization patterns, quantifying data's economic value, collateralizing data, and insuring data.
Show Notes

Doug Laney is the Data & Analytics Strategy Innovation Fellow at West Monroe Partners. He consults to business, data, and analytics leaders on conceiving and implementing new data-driven value streams. He originated the field of infonomics and authored the best-selling book Infonomics. He is a three-time Gartner annual thought leadership award recipient, a World Economic Forum advisor, a Forbes contributing author, and co-chairs the annual MIT Chief Data Officer Symposium. He also is a visiting professor at the University of Illinois and Carnegie Mellon business schools, and sits on various high-tech company advisory boards.

In this episode, we cover a range of topics including:
- Infonomics 
- His latest book Data Juice 
- Quantifying data's economic value 
- Applying asset management principles to data management 
- Data monetization patterns 
- Collateralizing data 
- Underwriting and insuring the data asset 
- Testing ideas for feasibility 
- How to price data products