Data Products
In the previous chapter, we explored the importance of managing data as a product rather than simply as a by-product. Managing data as a product involves applying the principles of product management to data management. These principles are better suited for handling a strategic asset such as data compared to the principles of project management.
In this chapter, we will delve into what exactly a data product is by first introducing the concepts of data product, pure data product, and analytical application. We will then define what a pure data product is and proceed to analyze its structure and key characteristics. Finally, we will examine some commonly adopted methods for classifying pure data products.
This chapter will cover the following main topics:
- Defining a data product
- Exploring key characteristics of pure data product
- Dissecting the anatomy of a pure data product
- Classifying pure data product
