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The value of information

The value of information


Journal of Management Excellence

Category: Information Management

Date: 11 April 2011, 16:00

Company: Oracle

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During the last several years it has been said that we are in the information age. Information Technology (IT) and information management have experienced tremendous growth. Digital information is available everywhere and anytime. For years consumers have clamored for more—and more useful—information. Are we now at the stage that we think there is too much? For businesses, many CIOs certainly agree with this statement. Roughly, the amount of data stored in his/her IT systems more than doubles every two years. Just processing transactions is no longer the challenge. The CIO today is the indispensable information provider of the enterprise.

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