”Data is the new natural resource” (Ginni Rometty, IBM CEO) – read this article made by Christina Wojcik, responsible for Contract Management Strategy & Best Practices at IBM on how you can and shall use the information contained in your contracts.
In the article she is addressing the questions around
- How can we capture the information that has been lost, over time, in the contracts?
- How can we use the findings to mitigate the risk and gain a competitive advantage?
She is also making interesting analysis of the development of Predictive Analytics of contracts and how the automation of the future will look like.
Interesting article to read and well in line with my own assumptions for the future.