Infonomics – valuing information assets
Infonomics is the discipline of valuing Information Assets and it is based on the idea that information is an enterprise asset that should be counted and managed. This article explains why Infonomics is becoming increasingly important. Information Assets (data, information, published content and knowledge) are arguably an organisation’s most vital and strategic resource. Providing the right data to the right people at the right time is critical to every business activity, every business process and every business decision. Information Assets are the only ones that cannot be replaced if lost or destroyed. They are foundational to all high-profile business solutions and technology enablement: to analytics, artificial intelligence and machine learning; cyber-security; cloud computing; Blockchain and the Internet Of Things; and almost any form of innovation and disruption. Unlike other physical or even financial assets that can only be used once then are used-up, any Information Assets can be used […]