Economic Impact of the "Information Glut"

 

We were interested to read Deloitte Access Economic's recent report - "The Economic Impact of the Information Glut" - which basically estimates the scale of economic value generated by improving information management across Australian and New Zealand businesses (and the cost by not doing so).

To summarize, the report notes that the productivity loss as a consequence of the inefficient handling and management of information represents a $3 billion annual drag on the Australian economy.

At IntelligenceBank, we see the dynamics of this finding every day - as our clients use online knowledge management to basically save time and money - by ultimately, giving staff easy and instant access to information that will enable them to make better, and more evidence based decisions. We provide document management solutions through our knowledge management systems that can help to run your company more efficiently and save the business time and money.

To read the article describing key findings of the report - visit: http://www.news.com.au/business/firms-suffering-information-glut/story-e....

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