For the last eight months, the attention and energy that I normally place into writing my monthly online column was diverted into designing and co- chairing DCI’s Enterprise Analytics, Business Intelligence and Data Warehousing conferences. I may be overly ambitious, but I plan to resume my monthly column while co-chairing the DCI conferences this year. I have found that the experiences that conference attendees shared with me are representative of the information issues that confront many professionals and organizations. I believe you will find these experiences interesting and relevant.
While information may not be recognized as an asset by generally accepted accounting principles (GAAP) unless there is purchase, merger or acquisition transaction that provides for independent valuation of the acquiring asset, information must be treated as an asset and, as such, utilized for the benefit of the organization and appropriately safeguarded. Bill Gates, chairman and chief software architect for Microsoft, once said, “Virtually everything in business today is an undifferentiated commodity except how a company manages its information. How you manage information determines whether you win or lose.” Assessing your organization’s information is a step toward realizing the value of this asset.
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