Company
Date Published
Author
Rick Negrin
Word count
563
Language
English
Hacker News points
None

Summary

What is the one thing that if it was taken away, it would irrevocably cripple your business? It is your data. Your data is all the information you store about your company and how it operates, telling you who your customers are, how much money you have in receivables, the state of your supply chain, and more. Data is considered the most important asset for any company, as its loss would be difficult to recover from and could lead to significant consequences. The value of data lies not only in its existence but also in its accessibility, durability, and safety, which are crucial for businesses to function effectively and make informed decisions.