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Information Chart of Accounts®
          Introduction




            2/26/2013        © Copyright Igventure Ltd. All rights reserved.
Powering Technology with Governance

    A. Today
               Amount of data is growing explosively today

               Turning data into information is accelerating more laborious
               Validation and analyses turn information finally into the knowledge
    B. Tomorrow
               Tomorrow models act like data today

               Combining standards and best practices turn models into manageable new prosesses
               New prosesses lead to the new way of thinking and acting
    C. Day after tomorrow
        1. Environment is covered by information

        2. Data is captured when and where needed
        3. Governance turns continious data flow to knowledge




2
                                                      2/26/2013                      © Copyright Igventure Ltd. All rights reserved.
Information Chart of Accounts® (ICA) 1/2

    1. Overview

      A. Information Chart of Accounts® (ICA) is a list of accounts which are grouped together as
         a hierarchical group. ICA is as fundamentally similar to chart of accounts (COA), but used
         instead for the management of information not financial data.

      B. ICA describes the information governance structure of an organization. ICA is implemented on
         four steps: Plan, Do, Check, Act.

    2. Implementation

      A. ICA Plan includes descriptions of an organization business and IT processes. The processes
         are defined as a hierarchical list containing all critical processes. Each process is assigned to
         the separate information account on ICA.

      B. ICA Do is performed according to the plan on technology platform like SAP. Each information
         account is the separate object holding specified data from internal or external data sources and
         is measured and validated by specified KPI (key performance indicator) and CSF (critical
         success factor).

      C. ICA Check analyses past, present and future business transactions of organization utilising the
         specified measurements like KPIs (key performance indicators) and CSFs (critical success
         factors).

      D. ICA Act is performed according to the check results to be improving the management of the
         business and IT processes to enable more qualified decisions and actions based on more
         accurate and qualified information.
3
                                                    2/26/2013                             © Copyright Igventure Ltd. All rights reserved.
Information Chart of Accounts® (ICA) 2/2

    3.    Structure

         A. ICA defines organization business and IT processes hierachical structure
         B. Each process is assigned to separate information account
         C. Each information account holds specified data from internal or external data sources



    4.    Benefits

         A. ICA removes the gap between business and IT management by creating the common language
            upon each others

         B. ICA is scalable and reproducable in corporations, small companies and public sector locally and
            globally on different geographical locations

         C. ICA provides right information on right time and place on today’s complicated and diversed
            environment




4
                                                     2/26/2013                            © Copyright Igventure Ltd. All rights reserved.
Contact information
    •   Email
                info@igventure.com

    •   Phone, fax
                +358 503823181
                +358 9 85657001

    •   Internet
                www.igventure.com

    •   Social media
                http://www.linkedin.com/company/igventure
                https://twitter.com/igventure




5
                                                  2/26/2013   © Copyright Igventure Ltd. All rights reserved.

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ICA - Introduction

  • 1. Information Chart of Accounts® Introduction 2/26/2013 © Copyright Igventure Ltd. All rights reserved.
  • 2. Powering Technology with Governance A. Today Amount of data is growing explosively today Turning data into information is accelerating more laborious Validation and analyses turn information finally into the knowledge B. Tomorrow Tomorrow models act like data today Combining standards and best practices turn models into manageable new prosesses New prosesses lead to the new way of thinking and acting C. Day after tomorrow 1. Environment is covered by information 2. Data is captured when and where needed 3. Governance turns continious data flow to knowledge 2 2/26/2013 © Copyright Igventure Ltd. All rights reserved.
  • 3. Information Chart of Accounts® (ICA) 1/2 1. Overview A. Information Chart of Accounts® (ICA) is a list of accounts which are grouped together as a hierarchical group. ICA is as fundamentally similar to chart of accounts (COA), but used instead for the management of information not financial data. B. ICA describes the information governance structure of an organization. ICA is implemented on four steps: Plan, Do, Check, Act. 2. Implementation A. ICA Plan includes descriptions of an organization business and IT processes. The processes are defined as a hierarchical list containing all critical processes. Each process is assigned to the separate information account on ICA. B. ICA Do is performed according to the plan on technology platform like SAP. Each information account is the separate object holding specified data from internal or external data sources and is measured and validated by specified KPI (key performance indicator) and CSF (critical success factor). C. ICA Check analyses past, present and future business transactions of organization utilising the specified measurements like KPIs (key performance indicators) and CSFs (critical success factors). D. ICA Act is performed according to the check results to be improving the management of the business and IT processes to enable more qualified decisions and actions based on more accurate and qualified information. 3 2/26/2013 © Copyright Igventure Ltd. All rights reserved.
  • 4. Information Chart of Accounts® (ICA) 2/2 3. Structure A. ICA defines organization business and IT processes hierachical structure B. Each process is assigned to separate information account C. Each information account holds specified data from internal or external data sources 4. Benefits A. ICA removes the gap between business and IT management by creating the common language upon each others B. ICA is scalable and reproducable in corporations, small companies and public sector locally and globally on different geographical locations C. ICA provides right information on right time and place on today’s complicated and diversed environment 4 2/26/2013 © Copyright Igventure Ltd. All rights reserved.
  • 5. Contact information • Email info@igventure.com • Phone, fax +358 503823181 +358 9 85657001 • Internet www.igventure.com • Social media http://www.linkedin.com/company/igventure https://twitter.com/igventure 5 2/26/2013 © Copyright Igventure Ltd. All rights reserved.