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Intervention

Create a Proof of Value prototype to test for value

Unlike a "proof of concept" project, the concept has already been proven elsewhere, and a "proof of value" project will test whether the approach has value in a specific new setting.
Solves these Problems
Hampered by slow, expensive, and painful innovation
Innovation is slow and expensive
Stakeholders unable to understand the potential of a new data model
Improves these Problems
Resistance to good information management practices
Innovation is slow and expensive
Involves these Technologies
KGaaS - Knowledge Graph as a Service
Knowledge Graph as a Service is a particular type of "Software as a Service" ("SaaS") that enables users to design, launch and maintain a knowledge graph platform without having to manage the tools and infrastructure.
Information Architecture (IA)
Information Architecture (IA) is the practice of organizing and structuring information so that it can be easily found, used, and understood, and is a key aspect of delivering data driven products.
Knowledge Graph Creation Tools
A category of specialized information management tools that support the design and creation of knowledge graphs. These include KGaaS products, as well as a range of enterprise knowledge graph platform offerings.
FAQs
What is a "Proof of Value" project?

A proof of value project is one that uses a proven technology or approach to test whether that approach is useful your own specific scenario.
e.g. we know that AI is useful in other projects, but we may want to run a "Proof of Value" project to see if it is useful in ours.
This is often used to demonstrate to stakeholders with an emphasis on business value.

What is the difference between "Proof of Concept" and "Proof of Value"?
  • "Proof of Concept" is a test of an approach or format to see if it works.
  • "Proof of Value" is a test of an approach that works elsewhere, to see if it provides value in your own specific scenario.