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This collaboration transcends mere verbal agreements or contractual obligations; instead, it entails establishing a genuine partnership between enterprise and providers characterized by commercial alignment and the pursuit of shared, measurable goals. Building trust is central to this collaboration.
Managed as products, these data assets come with defined servicecontracts, repeatable delivery methods and a clear value proposition. Figure 2: The data product lifecycle The banking industry, for example, faces the following challenges: Competition from agile and innovative financial technology and challenger banks.
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