Value through use

The value of information is in its use, or perhaps in the ability to prevent others from using it.

“H&M Ramps Up Data Use,” The Wall Street Journal, May 8, 20189 B4. Store chain mines social media to identify and track trends, and analyses store-specific information to determine what to stock in that store.

So, they use a common technology approach to data analysis chain-wide to derive a store-specific stocking strategy.  They find that computers don’t get distracted by emotions as much as humans.

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Filed under Access, Analytics, Collect, Information, IT, Knowledge Management, Management, Operations, Use, Use, Value

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