by Peter Sondergaard | May 13, 2017 | Comments Off on Introducing Infonomics
I read with great interest a recently published article in The Economist that leads with the title The world’s most valuable resource is no longer oil, but data. We couldn’t agree more! The article is an informative read if you haven’t already got to it.
We originally started exploring this concept in 2011 at Gartner Symposium/ITxpo. It’s a topic we have consistently referred back to and researched deeply ever since. An example is how this body of work led to the introduction of Algorithmic Business in 2015, which I discussed in a previous blog post. And to supplement our latest research available to clients on this subject, we’re finalizing our new book for publication and launch at this year’s Gartner Symposium/ITxpo. It is called Infonomics: How to Monetize, Manage, and Measure Information as an Asset for Competitive Advantage.
In the book, Gartner distinguished analyst and author Doug Laney explores how organizations that monetize, manage and measure information as an actual asset are better positioned to make improved strategic business and IT decisions, reduce information-borne risks, innovate more readily, and compete more effectively in tomorrow’s infocentric economy. This new discipline is the theory, study and discipline of asserting economic significance to information. It prescribes the framework for how companies can not only think of information as their most valuable resource but also treat it as one. I look forward to sharing more as we get closer to the publication date
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