Industrial Data Valuation
How can a portfolio of industrial datasets be valued as an intangible asset in a way that is transparent, reproducible and honest about its uncertainty?
All values are relative. They rank datasets against each other to decide where to act first; they are not an opposable price.
Limits first
- The case is anonymised and every amount is a working assumption, consistent with the others, not accounting data.
- The income approach carries most of the value, so results depend on assumptions about future benefits.
- Compliance weights are set by judgement; pairwise comparisons (AHP) are used to test them, with an illustrative matrix.
- A high compliance score shows that data is ready to become an asset, not that it has become one: rights registration and balance-sheet recognition are outside the grid.
Approach
- 1 · Compliance
- Eight datasets scored on 17 criteria in three blocks: documentation, intrinsic quality, fitness for the model.
- 2 · Valuation
- Cost, market and income approaches, each adjusted by the compliance score, blended by confidence.
- 3 · Uncertainty and priorities
- Sensitivity analysis, 10,000-draw Monte Carlo simulation, AHP weighting, and a value × exposure matrix that sorts datasets into four priority groups.
V = QRU × Σ(Val × ICF) / Vp
Reference formula of the DATAMITE data valuation framework: a quality, relevance or utility score (QRU) times the potential value of each component (Val) weighted by its information cost fraction (ICF), corrected for processing time (Vp).
Findings
The method sorts value rather than inflating it: well-documented datasets gain, the others lose, and the portfolio barely moves. The most profitable improvements are scale completeness and annotation quality on the datasets closest to the threshold.






Market context
The European Health Data Space sets March 2027 for key implementing acts, before application phases in 2029 and 2031. These are research-vendor figures for another sector, not audited: an order of magnitude and a check on method, not a price comparable.
Reproducibility
Python 3.13, fixed seed 2026, no external data: Run All recomputes every figure. Code under the MIT License; text, figures and data under CC BY 4.0.