Research and advisory firm Outsell, Inc. has announced the publication of a new report, The State of Information Management: Not a Recipe for Success. Outsell's latest survey of information managers and libraries identifies main areas where change needs to happen for information management to thrive.
Based on a survey of almost 300 information managers with budget responsibilities, the data shows that meager budget increases for 2016 will strain already flat IM budgets. Faced with rising information content costs, managers will have to do more with less, a reality that is becoming increasingly common.
According to the report, overall budget predictions for 2016 for libraries and information centers hover at slightly less than 1%, with corporate IM budgets dropping considerably from previous years.
Staff counts appear to be slipping downward, a trend that bears watching. Leveraging new roles and technologies centered on data and analytics presents opportunities, but information managers have been slow to take advantage of them. Close to 50% of managers report that the biggest skills gap on their teams is with data and analytics.
Brought to you by Scope e-Knowledge Center, a world-leading provider of metadata services, abstraction, indexing, entity extraction and knowledge organisation models (Taxonomies, Thesauri and Ontologies).
