Finding needles in a haystack… CI and information explosion

[Varsha Chitale]

The information explosion has played havoc with people’s schedules. One estimate puts the annual economic loss due to information overload at $900 billion (globally).

While drowning in information, they are starved of usable knowledge. If organizations miss market signals, they risk being outwitted by their competitors. However, it is impossible (and inefficient) for them to sift through every nugget of information out there.

How can people and organizations manage the enormous quantities of inputs coming at them?

ValueNotes and Dow Jones will host an executive briefing in Mumbai on 20th October, where senior strategy, planning and marketing executives will discuss these issues and share their experiences with competitive intelligence and information overload. Read more…

 

[Varsha Chitale]

Hi Gogo

The figure is and estimate from Basex - a research firm (http://www.basex.com/web/tbghome.nsf/pages/home)

Here is the link to the article: http://www.cbsnews.com/8301-501465_162-20022629-501465.html

Hope this helps.

Varsha

[Gogo Erekosima]

Varsha,

 

I'd love to know your source for the $900 billion dollar figure. That's fascinating.

 

Gogo

Business Development Consultant (connect on Linkedin)