What is defined as a system of elements that interact to manage and share data?

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The definition of a data ecosystem aligns perfectly with the concept of a system of elements that interact to manage and share data. A data ecosystem encompasses all the components involved in data collection, processing, storage, and analysis, as well as the relationships and interactions among these components. This includes data providers, data consumers, tools for data management and analysis, and the policies governing data usage.

In a data ecosystem, each element plays a role in contributing to a comprehensive understanding of data flow and utilization, making it essential for organizations to effectively harness data for decision-making. The interconnected nature of these elements allows for improved collaboration, data sharing, and insights generation, which ultimately supports informed business strategies and operational efficiencies.

Other options, such as data strategy, business transformation, and data source, focus on specific aspects or goals related to data usage and management but do not broadly define the interactive system that constitutes a data ecosystem.

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