A data asset is valuable digital data that an individual or organization uses for analysis, decision-making, or process improvement. It may be structured or unstructured and in different formats, including videos, images, audio files, spreadsheets, and text documents.

Examples of Data Asset                 

Data Asset vs. Statistics Repository

Data assets is the actual digital information while data repository refers to a storage platform or system where data is stored, organized, and managed. Data repositories can comprise cloud storage services, data warehouses, or databases.

Benefits and Drawbacks of Data Assets