Corporate information market: structure and functioning problems

Abstract

The corporate information market is a sphere of economic activity related to the production, processing, transmission and use of information within and between companies. This market provides services for the collection, analysis, storage and provision of information for business processes, management decision-making, competitive analysis and other corporate purposes. There are various participants in the corporate information market, including news agencies, consulting firms, software and cloud service providers, as well as information consumer companies themselves. The main products and services in the corporate information market include financial and economic information, reporting on the activities of companies, forecasts and analytical reports, market research, information about competitors and customers, as well as tools for data analysis and processing. The authors have highlighted the weaknesses and strengths of the idea of the corporate information market. The development of the corporate information market is an evolutionary process, while it is worth noting that the idea of the business information flow has changed over time, so the category of «corporate information» is mobile. The authors present the structure of the corporate information market in the conditions of variability and transformation of the main economic processes in the conditions of digital challenges of our time. The question of the relevance of the study lies in the versatility of the category «corporate information market». However, there are a number of problems in the market, in connection with this, a number of fundamental questions arise: «Is the corporate information market an independent unit of the economy? What are the prospects and problems of the corporate information market? What elements does the structure of the corporate information market consist of?»