GL Group | Why Every Business Should Be an Information Business
17240
post-template-default,single,single-post,postid-17240,single-format-standard,cookies-not-set,ajax_fade,page_not_loaded,,qode_grid_1300,qode-content-sidebar-responsive,qode-theme-ver-10.1.1,wpb-js-composer js-comp-ver-5.7,vc_responsive

Why Every Business Should Be an Information Business

Why Every Business Should Be an Information Business

“The trend to treat and deploy information as an asset is still in the ‘early adoption’ phase,” says Doug Laney, vice president and distinguished analyst at Gartner. “This makes doing so a competitive differentiator for leading organizations.”Treating information as an asset is the fundamental principle behind the framework that Laney has termed, “Infonomics.” Infonomics is the theory, study, and discipline of asserting economic significance to information. It provides the framework for businesses to monetize, measure and manage information as an actual asset.Information has economic value that organizations can “turn into money” in two essential ways:• By exchanging it for goods, services or cash, and• By using it to increase revenue, or reduce expenses and risks.Read more at: https://goo.gl/Li7EKK