How to MONETISE Data

When I started with data I didn't even realise it was data as I know it today.

When I started with data I didn't even realise it was data as I know it today.

It was statistical points on measurement sheets I was filling in as part of tests on products.

I did that for 5-6 months before realising I was collecting data for the company to refine their processes.

It became clearer when they started teaching me at 19 about standard deviations and statistics about the products I was testing.

But one of my early glory moments was saying to my boss (when asking for overtime) that if we didn't find the issue in our process it would cost us approximately 200 cars a year.

We made piston rings for cars and the fault I'd found could break them on the roads.

I monetised it without really knowing it.

I spoke the language of the business about the data i was using.

When you put concrete visions of costs and opportunities in the heads of the higher-ups your career trajectory becomes faster.

What do you think?

How would you monetise your business right now?

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