Re-Architecting for NoSQL: Design Principles, Models and Best Practices

Abstract

I was recently at a Gartner seminar about data monetization, delivered by Doug Laney. Doug talked about an interesting concept of assigning monetary value to the data your organization has gathered historically. He also talked about the concepts of data bartering and paying taxes using information instead of money (which apparently he mentioned to a couple of IRS officials and enjoyed their reactions). Doug aptly terms the economics of data as infonomics. Creation of a new discipline to monetize data efficiently, I feel, highlights the growing importance of data (and information) in today’s world.