Digital White Papers

Knowledge Management: One Size Does Not Fit All

publication of the International Legal Technology Association

Issue link: https://epubs.iltanet.org/i/698367

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6 WWW.ILTANET.ORG | ILTA WHITE PAPER KNOWLEDGE MANAGEMENT Architecting Information for Business Transformation manage information as an asset and leverage it to support long-term strategic business goals. A key enabler in an organization's enterprise information strategy, information architecture builds the foundation and provides the way toward enterprise innovation. Why Do We Need IA? Information has always been an asset for any organization. With the rapid pace of change in technology, the volume and types of data created are exploding. According to Forbes magazine article "Big Data: 20 Mind-Boggling Facts Everyone Must Read," more data have been created in the past two years than in recorded history. By the year 2020, approximately 1.7 megabytes of new information per person will be created every second. Our accumulated digital universe of data will grow to roughly 44 zeabytes or 44 trillion gigabytes. Even with the current amount of data available, less than 0.5 percent is ever analyzed and used. Information architecture helps boost this percentage. Providing the framework within which vast volumes of data can be effectively rationalized, analyzed and leveraged, information architecture: » Ensures effective governance of information, including the management and assurance of data quality » Facilitates the connection of information to maximize synergies and reveal insights about paerns and trends » Improves process efficiency, reducing risk and creating a stable foundation for strategic decision-making How Do We Architect Information? Technology and usability design both continue to play important roles in information architecture, yet they are not the only drivers. Particularly in the context of transformation or wide-scale business change, the primary driver of an IA strategy should be the organization's strategic business objectives. You first must know where you are going to figure out how you will get there. Informton Archtecture Technolo Content Users Busness Strte Governnce Even with the current amount of data available, less than 0.5 percent is ever analyzed and used.

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