Evolution of Technology and Information

November 6, 2005

1970s Information can be stored and automated. IBM mainframes become widely accessible.

1980s Information is a cost of doing business. IT becomes a new cost center in “Corporate America.”

1990s Information is a competitive ad-vantage. Information professionals grow to be 14 percent of the U.S. workforce.

2000s Information is currency. Information “brokers” and “markets” are born. Technology grows to be 11 percent of the GDP.

2005 Information is an asset and a liability. More than 70 percent of the value of Fortune 500 companies is attributed solely to their information assets. Eighty-three percent of Fortune 500 companies have “Information Security Executives.”

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