Measuring the value of information

This post discusses the importance of measuring the value of information. The post states that Information has been referred to as today’s digital currency. Without it, both tech and non-tech enterprises would struggle to exist. Yet it still isn’t recorded on balance sheets and is — in general — ignored by insurance companies …Today, there is no correlation between market valuations and a company’s own book value because unvalued information assets don’t appear on the balance sheets. It seems to me that this discord is a direct result of our inability to measure and value the information assets a company holds. The author suggests that a standardized way of measuring the value of information is needed; unfortunately, no specific suggestions are provided. This, of course, means a good opportunity for the information management field to step up with solid research in this area.

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