Because of Legacy Systems and Data Silos That Limit the Value

question 1

Short Answer

Because of legacy systems and data silos that limit the value that organizations get out of their data,enterprise data are often underutilized.Accenture recommends that companies start treating data like a __________.

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Definitions:

Scenario Analysis

A process of analyzing future events by considering alternative possible outcomes (scenarios), often used in the assessment of risk or strategic planning.

NPV

Net Present Value, a calculation used to estimate the profitability of an investment or project by summing the present values of all expected future cash flows.

Probability

The measure of the likelihood that an event will occur, expressed as a number between 0 and 1, where 1 indicates certainty.

Capital Budgeting

The process by which a business evaluates and selects long-term investments that are expected to yield returns over a period of time.