Hardware
Hardware for processing, storing and transmitting information such as data storage devices.Software
The software industry produces systems and applications that automate work or provide tools for users.Platforms
Platforms for developing and operating software such as a cloud computing platform.Consumer Services
Information technology based consumer services such a cloud storage app.Business Services
Business services that are information intensive such as business process outsourcing.Consulting
Offering knowledge work for a fee.Information Infrastructure
Information infrastructure such as telecom networks.Data Centers
Facilities for computing infrastructure.Information Security
Services, consulting and hardware related to information security.Data Services
Data services such as a market data provider.Creative Industry
Elements of the creative industry that produce knowledge artifacts such as designs.Digital Products
Digital products such as an ebook.Robotics
Physical manifestations of computing that are typically used to automate work.Digital Advertising
Services that allow advertisers to reach a target audience through digital channels.Financial Services
Financial services are largely based on information technology as physical locations and physical financial instruments such as paper money become less common.Medical Systems
Medical systems and equipment based on information technology.Markets
Digital markets such as a stock market.Research & Development
The production of unique knowledge.Competitive Intelligence
Competitive intelligence such as a service that provides data regarding solar industry procurement, deals and prices.Intellectual Property
The production of intellectual property such as a book or patent.Public Services
Information services provided by a government such as a government department that produces a wide variety of data and statistics.Reputation Systems
Reputation systems are information sources that rate the reputation of entities such as a credit rating agency or restaurant review app.Media
The production and distribution of news, entertainment, art, cultural productions and documentaries.Social Media
Digital tools that allow anyone to publish messages to the world.Knowledge Economy
A broad term for economic activity centered around the production of knowledge. For example, a firm that produces engineering designs.Video Games
The creation and operation of entertaining virtual environments and immersive experiences.Virtual Economy
Markets for things that do not physically exist such as digital elements of a game.Digital Experiences
Customer experiences based on digital technologies such as a ride at a theme park based on augmented reality.Mixed Reality
The integration of the real world with digital entities. For example, a digital twin that can be used to diagnose problems with a jet engine in flight.| Overview: Information Economy | ||
Type | ||
Definition | Any industry that generates most of its value from data, information technology or knowledge. | |
Related Concepts | ||
