Data Products

A Data Product is a product that _________________

• facilitates an end goal through the use of data

• allows new and meaningful ways to use it

• was created through studying user needs

Which of the following is Not use of Data Product?

• Used for Predictions

• Used for E-commerce systems

• Used for Recommendation systems

• Used to Benchmark

Which of the following is an example of a Data Product?

• Google Analytics

• Facebook

• Outlook

• Google Drive

Which of the following are NOT Data-enhanced products?

• Smart home appliances

• Autonomous vehicles

• Software and applications

• Personal Assistants in Smartphones

A Data-enhanced Product may start out as version that does not use any data.

• True

• False

What type of Data Product is LTA’s real-time information feed?

• Data-as-a-service

• Data-enhanced product

• Data as Insights

What are NOT examples of how data is used to Benchmark?

• Compare helpdesk phone response time

• Compare sales data from multiple sellers

• Compare click-through of different online marketing

• Compare customer demographics of different retailers

Recommenders are algorithms that narrow down complex decisions to the best few options?

• True

• False