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Working Paper: Case Study

Data Monetization: Generating Financial Returns from Data

The MIT CISR 2024 Data Monetization Survey study results found a strong link between top-quartile firm performance and advanced data monetization and AI capabilities.
By Barbara H. Wixom, Nick van der Meulen, and Cynthia M. Beath
CASE STUDY

An in-depth description of a firm’s approach to an IT management issue (intended for MBA and executive education)

Abstract

In 2023 and 2024, MIT CISR collected information from 349 executives to learn how organizations are generating economic returns from data monetization activities. This report provides detailed survey results and can be used by organizations to benchmark data monetization strategies, practices, and outcomes against those reported by the sample. Key findings from the research included relationships between data capabilities, AI capabilities, and data democracy—and greater data liquidity and data monetization effectiveness. These outcomes, further supported by leadership, value realization, and measurement practices, ultimately explain 53 percent of the variation in data monetization value. The analysis confirmed this value has a positive relationship with overall firm performance, accounting for 36 percent of its variance.

About the Researchers

Profile picture for user cynthia.beath@mccombs.utexas.edu

Cynthia M. Beath, Professor Emerita, University of Texas at Austin and Academic Research Fellow, MIT CISR

MIT CENTER FOR INFORMATION SYSTEMS RESEARCH (CISR)

Founded in 1974 and grounded in MIT's tradition of combining academic knowledge and practical purpose, MIT CISR helps executives meet the challenge of leading increasingly digital and data-driven organizations. We work directly with digital leaders, executives, and boards to develop our insights. Our research is funded by member organizations that support our work and participate in our consortium. 

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