Join Doug Laney a VP and distinguished analyst at Gartner as he introduces the topic of information economics, or infonomics.
Event Details
Increasingly, information is understood to be a critical enterprise asset yet is neither measured or managed as one.
Imagine a retail manager with no record of his store's inventory and no way to gauge its value. Or consider a CFO who has no record of her company's financial assets nor their value. Or an HR executive with no company directory, employee ratings nor compensation data. Ridiculous, right? Well that's the state of information management in most organizations today.
Business and IT executives typically lack any reliable inventory of what information exists throughout the organization, where it is, what it means, nor any measure of its value. Yet "information" is the CIO's middle name, here we are in the midst of the Information Age, and info savvy companies are clearly rewarded by Wall Street.
Physical assets, financial assets, and even certain intangible assets like patents and copyrights are inventoried, measured and valued on balance sheets. It is the law and has been for corporations since the 1930s. Even a company's workforce today, first described as "human capital" by University of Chicago economists since the 1960s, also is measured, valued and reported.
So why not information assets?
This session will introduce the concept of information economics, or infonomics. Mr. Laney will also share Gartner's landmark models for quantifying information's value, and examples of organizations generating significant benefits by measuring, managing and monetizing information as an actual corporate asset.
$10 Early Bird (>1 week prior to event)
$15 Standard Pricing (< 1 week of event)
$20 At the Door
You may register at the door. Please remember that we will only accept cash or check. Thank you.
Speaker Profiles
Doug Laney (Speaker)
VP and Distinguished Analyst, Garnter
http://www.gartner.com
Doug Laney is a vice president and Distinguished Analyst with Gartner's Data Strategy research and advisory group. He is an accomplished practitioner and recognized authority on best practices related to information management, analytics, data science and data governance. Doug is considered a pioneer in the field of data warehousing, developed the industry's first commercial DW/BI project methodology, and has led related engagements on five continents.
Doug is also an authority on big data strategy, challenges and opportunities. In the 1990s he first defined the "3Vs" of volume, velocity and variety, now commonly used in defining big data. More recently he edited and co-authored Gartner's eBook, Big Data, published by the Financial Times. Various industry journals name Doug among the top thought leaders on big data and analytics.
Over a decade ago, Doug originated the field of Infonomics, developing methods to quantify information's economic value and apply asset management practices to information assets. He formed the Center for Infonomics think tank, is a regular lecturer at leading business schools and has published in Forbes, Wall Street Journal and the Financial Times on this topic. Currently Doug sits on business school advisory boards for the University of Illinois and University of Virginia, is co-chair of MIT's Chief Data Officer (CDO) forum, and is on the IBM Watson advisory board.
Questions
Roger Moore, '92
Senior Director / Gartner
312-543-1319