Infonomics

Pronunciation: /ɪnˈfɑnəmɪks/

Definitions of infonomics

noun a blend of 'information' and 'economics' to describe the emerging discipline

Example Sentences

A1 Infonomics is the study of how information is valued.

A2 Companies are starting to focus more on infonomics to make better data-driven decisions.

B1 Understanding infonomics can help organizations optimize their data management strategies.

B2 Infonomics is becoming increasingly important in the digital age as data becomes more valuable.

C1 Experts in infonomics can help businesses maximize the value of their information assets.

C2 The field of infonomics is constantly evolving as new technologies and data sources emerge.

Examples of infonomics in a Sentence

formal Infonomics is the study and management of information as an asset with economic value.

informal Companies are starting to realize the importance of infonomics in today's data-driven world.

slang I heard that infonomics is all the rage in the tech industry right now.

figurative Treating information like a valuable currency is the essence of infonomics.

Grammatical Forms of infonomics

• past tense: infonomicsed
• plural: infonomicses
• comparative: more infonomics
• superlative: most infonomics
• present tense: infonomics
• future tense: will infonomics
• perfect tense: have infonomicsed
• continuous tense: is infonomicsing
• singular: infonomics
• positive degree: infonomics
• infinitive: to infonomics
• gerund: infonomicsing
• participle: infonomicsed

Origin and Evolution of infonomics

First Known Use: 1986 year

Language of Origin: English

Story behind the word: The word 'infonomics' is a portmanteau of 'information' and 'economics', combining the concepts of information management and value creation.

Evolution of the word: Initially coined in the mid-1980s by Gartner analyst Douglas Laney, infonomics has evolved to encompass the economic principles of information as a valuable asset within organizations, focusing on the management, pricing, and monetization of data.