The issue of deciding when to buy goods or services rather than handle work in-house is an old one. Adam Smith addressed the problem 250 years ago in The Wealth of Nations, when he wrote that one should never attempt to make what will cost “more to make than to
On the eve of SXSW, Information Evolution’s U.S.-based team gathered at our Austin office for an informal meetup and photo. Pictured are, from left to right, Chuck Greene, Beatty Wilson, Matt Manning, Scott Smith, Deborah Dunlap, Shyamali Ghosh, and Kevin Dodds, the tough but non-adversarial cowpokes to our gracious and
Our emphasis on the value of “humans in the loop” at Information Evolution sometimes obscures the heavy lifting that automation performs in our customers’ data supply chains. Of course, these days “AI” is the most often discussed type of automation, but there are several other more common tools that actually
Information services have been steadily raising the bar on the functionality of software tools bundled with their data, making it easier for their customers to get value from their products. As these tools get more and more robust—and as customer expectations for software performance get higher and higher— these tools
This year’s Business Information Media Summit took a broad look at the evolving role of business-to-business media (news services, events, databases) in a time of enormous technological change. Media industry trends highlighted at the conference included: Sky-high valuations of trade show properties Strong demand for “buying intent” indicators Large, emerging
People often ask me about the Austin ‘recipe’ that has created such a remarkable environment for innovation here in Central Texas. The recent “Chasing Greatness” thought leadership speaker series held by Spredfast and Google last week offered some clues to this with their excellent panel of Austin innovators. Here are
Like any language, crowdsourcing jargon has morphed over time. Some terms have been around for years and are very familiar, while others are relatively new and reflect crowdsourcing’s ongoing evolution. Here are some must-know terms for talking about crowdsourcing in 2014. Crowdsourcing: Crowdsourcing uses online marketplaces, in particular Amazon Mechanical
At the DataContent 2013 conference, I will be a member of a panel discussing the tools being used in the information business to make our products richer, drive our costs lower, and keep our products updated in real time. When our firms can accomplish these three goals, our businesses are
Russell Perkins‘s recent post a few weeks ago got me to thinking about new product development once again. I knew most of IEI’s clients when their products were in their embryonic stages and we continue to help innovators by keeping their upfront costs low so they can spend those precious
Those of us in the information business are usually too busy working with our customers and refining our business models and production processes to think about the basic question of “What is information?” but let’s stop for a moment to consider it. Information is not a self-contained “thing” but rather
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