What is the nature of a Data Product?

A Data Product is fundamentally characterized as a data set that can include both master data and transaction data. Master data refers to the key entities that are important to an organization, like customers or products, while transaction data captures the business events associated with those entities, such as sales orders or inventory changes. This dual nature allows a Data Product to provide a comprehensive view of the business processes and facilitate data-driven decision-making.

A Data Product is not limited to just analytical metrics, as that would overlook the broader data context and the significance of the underlying data sets. It also doesn't refer specifically to cloud applications or visualization tools; those are merely platforms or functionalities that can utilize the data produced. Therefore, recognizing a Data Product as a versatile composition of various types of data underscores its importance in analytics and business intelligence frameworks within SAP ecosystems.