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What Are Data Products and Why Do They Matter?

December 27, 2023

Data products are software in the form of specialty tools and apps that are designed to support data used as a service. They may be as simple and straightforward as a program that converts a dataset into a visualization, or as complex as a machine learning system based on large language models (LLM), such as ChatGPT. What all data products have in common is that they achieve a specific goal through the application of data.

One potentially confusing aspect of the technology is the distinction between data products and “data as a product,” which merges data tools with strategies to meet the needs of specific data consumers, whether one person or an entire department or organization.

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