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Infonomics describes the discipline of how to manage and value information assets. This includes intellectual property, customer data, and product information. Information assets have value beyond just what they cost to create or acquire; they also have an intrinsic value based on their potential ROI. As more businesses begin to understand the importance of their information assets, they can make better decisions about protecting them.

What Small and Midsize Businesses Need to Know About Infonomics

Businesses can utilize infonomics to better understand the value of their information assets. This can help them make more informed decisions about where to invest their money and protect their intellectual property. Infonomics also allows businesses to monetize their data, leading to increased profits. By understanding the value of their information assets, companies can ensure that they get the most out of them.

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