The Greater Irving-Las Colinas Chamber of Commerce has partnered with the Dallas and Fort Worth Chapters of Financial Executives International (FEI) and the Dallas CPA Society to host a quarterly signature program: What’s Your Data Worth?

The program will take place at the Omni Mandalay Hotel-Las Colinas, 221 E. Las Colinas Blvd., Irving from 7 to 9:30 a.m. May 13.

The ever-increasing amount of data in today’s world is massive. Gartner, a leading technology research and advisory company, recently stated that 33 percent of Fortune 100 organizations, a third of the top companies in the U.S., will face an information management crisis within the next three years. These companies soon won’t be able to value, govern or trust their company’s information.

Data is a competitive advantage needed to grow in today’s business environment. The event will teach attendees how to leverage their business data to grow revenue, control costs and create value.

Cyndy Carr, president of the Data Science Division at ValueScope Inc., will moderate a panel of four data experts.

“I think one of the things that makes this panel unique is the inclusion of valuation experts,” Carr said. “We have a good blend of experts who know how to create value from data as well as how to translate that value into a benefit for shareholders.”

Data can be broad in its definition — financial, transactional, documents, or third party. What unites these forms of data is their ability to transform a business.

“I think it’s an important topic now because we’re starting to understand the potential in data and the accessibility and costs of data and tools are significantly cheaper.  This is a critical and timely discussion for anyone in the business world,” Carr said.

Panelists include Dave Copps, CEO of Brainspace Corporation; Martin Hanan, President of ValueScope, Inc.; Don Hinman, Senior Vice President of Data Strategy of Epsilon Data Solutions; and Robert Rough, Lead Partner of TravisWolff’s Business and Transaction Advisory Group.

Copps brings out of the box thinking and he’s a problem solver in how to derive value from unstructured data, documents, emails, white papers and blog posts. Copps is creating a business around a tool, LexisNexis, which helps people connect with thought leaders and articles with information they are searching for.

Hanan is an evaluation guru and understands how to create value with data. He is an expert is how to manage operations to create value and how to turn insight into information for shareholders.

Hinman has been in and around data analysis his entire career. He brings lots of real clear examples and has deep insight into how to turn data into a revenue stream for a company and, from a consumer angle, how to use costumer data to drive a company.

Rough is career chief financial officer, chief operating officer and adviser to CFO’s. Rough will be able to parlay the topic of data into vocabulary the audience can understand, and convey why the role of the COO and CFO has now changed with data.

Tickets are $45 for Chamber members and $60 for non-members. To purchase a ticket, visit http://www.irvingchamber.com/connect/events/ and click on “Quarterly Event: What’s Your Data Worth?”

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