Basex

Last updated

Basex was an IT research and consulting firm that focuses on knowledge management, information management, and collaboration issues and technologies within larger organizations. Founded in 1983, it was known as The Basex Group until 2001.

Contents

Basex, Inc.
TypePrivately held
IndustryResearch
Founded1983
Headquarters New York City
Products Research
Consulting

History

Basex, which was founded in 1983 as The Basex Group, first started by advising companies on how to understand and leverage the newly deregulated telecommunications environment that came about as a result of the Bell System divestiture. [1] The divestiture allowed telecommunications companies expand to new fields and to develop and offer more deregulated services which in turn supported the Information Age and the Knowledge Economy. Since only the largest companies had, up until that point, had undergone computerization, smaller companies needed advisory services and guidance as they entered this new era, a role that Basex and other companies would undertake.

Research

Basex provided market research, competitive intelligence, and management consulting to various companies. [2] The company wrote a great deal about information overload as being a problem for businesses and indicates it focused on the problem in its research.

Basex primarily focused on how companies and knowledge workers use knowledge management and collaboration technologies and techniques.

Basex said it began concentrating on information overload in the early 1990s. Basex has undertaken various research studies on the subject and maintains that the problem costs the U.S. economy about $900 billion annually. [3]

Criticism

Two articles in The Wall Street Journal (in 2008) and Slate (in 2006) questioned certain aspects of Basex's findings on interruptions although both writers acknowledged that the problem of information overload that Basex was calling attention to was important. [4] [5] Since those two articles appeared, The Wall Street Journal and multiple other publications, including The New York Times , Financial Times , Die Presse , and Business Week , along with numerous more specialized publications, have used Basex's research on information overload as the foundation for a story on information overload. [6] [7] [8] [9] [10]

Related Research Articles

Investment banking pertains to certain activities of a financial services company or a corporate division that consist in advisory-based financial transactions on behalf of individuals, corporations, and governments. Traditionally associated with corporate finance, such a bank might assist in raising financial capital by underwriting or acting as the client's agent in the issuance of debt or equity securities. An investment bank may also assist companies involved in mergers and acquisitions (M&A) and provide ancillary services such as market making, trading of derivatives and equity securities, FICC services or research. Most investment banks maintain prime brokerage and asset management departments in conjunction with their investment research businesses. As an industry, it is broken up into the Bulge Bracket, Middle Market, and boutique market.

Management consulting is the practice of providing consulting services to organizations to improve their performance or in any way to assist in achieving organizational objectives. Organizations may draw upon the services of management consultants for a number of reasons, including gaining external advice and accessing consultants' specialized expertise regarding concerns that call for additional oversight.

Information overload is the difficulty in understanding an issue and effectively making decisions when one has too much information (TMI) about that issue, and is generally associated with the excessive quantity of daily information. The term "information overload" was first used as early as 1962 by scholars in management and information studies, including in Bertram Gross' 1964 book, The Managing of Organizations, and was further popularized by Alvin Toffler in his bestselling 1970 book Future Shock. Speier et al. (1999) said that if input exceeds the processing capacity, information overload occurs, which is likely to reduce the quality of the decisions.

<span class="mw-page-title-main">Moody's Corporation</span> American business and financial services company

Moody's Corporation, often referred to as Moody's, is an American business and financial services company. It is the holding company for Moody's Investors Service (MIS), an American credit rating agency, and Moody's Analytics (MA), an American provider of financial analysis software and services.

Attention management refers to models and tools for supporting the management of attention at the individual or at the collective level, and at the short-term or at a longer term.

Business International Corporation (BI) was a publishing and advisory firm dedicated to assisting American companies in operating abroad. It was founded in 1953. It organized conferences, and worked with major corporations. Former president Barack Obama worked there as a financial researcher after graduating from Columbia University. In 1986, Business International was acquired by the Economist Group in London, and it eventually merged with the Economist Intelligence Unit. Business International was linked to the Central Intelligence Agency.

<span class="mw-page-title-main">Gallup, Inc.</span> American analytics and advisory company

Gallup, Inc. is an American analytics and advisory company based in Washington, D.C. Founded by George Gallup in 1935, the company became known for its public opinion polls conducted worldwide. Starting in the 1980s, Gallup transitioned its business to focus on providing analytics and management consulting to organizations globally. In addition to its analytics, management consulting, and Gallup Poll, the company also offers educational consulting, the CliftonStrengths assessment and associated products, and business and management books published by its Gallup Press unit.

<span class="mw-page-title-main">Information pollution</span>

Information pollution is the contamination of information supply with irrelevant, redundant, unsolicited, hampering and low-value information. Examples include misinformation, junk e-mail and media violence.

<span class="mw-page-title-main">Marsh McLennan</span> Global professional services firm

Marsh & McLennan Companies, Inc., doing business as Marsh McLennan, is a global professional services firm, headquartered in New York City with businesses in insurance brokerage, risk management, reinsurance services, talent management, investment advisory, and management consulting. Its four main operating companies are Marsh, Guy Carpenter, Mercer, and Oliver Wyman.

Mercer is an American consulting firm founded in 1945. It is one of the four operating subsidiaries of global professional services firm Marsh McLennan. Mercer is headquartered in New York City with offices in 43 countries and operations in 130 countries. The company primarily provides human resources and financial services consulting services to its clients.

Expert networks refer to a type of business that connects companies with expert resources or subject-matter experts, such as academics, C-levels, founders, and high-level officials to provide valuable information, data, or assistance.

Trillium Digital Systems, Inc. developed and licensed standards-based communications source code software to telecommunications equipment manufacturers for the wireless, broadband, Internet and telephone network infrastructure. Trillium was an early company to license source code. The Trillium Digital Systems business entity no longer exists, but the Trillium communications software is still developed and licensed. Trillium software is used in the network infrastructure as well as associated service platforms, clients and devices.

Jonathan B. Spira is a researcher and industry analyst known for his work in the area of collaboration and knowledge sharing and the problem of information overload.

Juniper Advisory is a consulting firm based in Chicago that focuses exclusively on non-profit hospital mergers and acquisitions. Founded by veteran investment bankers James Burgdorfer and David Gordon, the firm provides strategic financial advice relating to business combination transactions and other corporate finance matters.

Kroll, LLC, formerly Duff & Phelps LLC, is an American multinational financial consultancy firm based in New York City. It was founded as Duff & Phelps in 1932 by William Duff and George Phelps. Since then, the firm has added more than 30 complementary companies to its portfolio, including the acquisition of Kroll Inc. in 2018. Duff & Phelps decided to start rebranding itself using the Kroll name in 2021, and it completed the renaming process in February 2022.

<span class="mw-page-title-main">Verisk Analytics</span> American data analytics and risk assessment firm

Verisk Analytics, Inc. is an American multinational data analytics and risk assessment firm based in Jersey City, New Jersey, with customers in insurance, natural resources, financial services, government, and risk management sectors. The company uses proprietary data sets and industry expertise to provide predictive analytics and decision support consultations in areas including fraud prevention, actuarial science, insurance coverage, fire protection, catastrophe and weather risk, and data management.

Stuart N. Brotman is an American government policymaker; university professor; management consultant; lawyer; author and editorial adviser; and non-profit organization executive. He has taught students from 42 countries in six separate disciplines — Communications, Journalism, Business, Law, International Relations and Public Policy. He also has advised private and public sector clients in more than 30 countries in five continents.

Keith Daniel Bergelt is an American corporate executive and former U.S. diplomat. He is CEO of Open Invention Network where he is responsible for coordinating the establishment and maintenance of a patent ‘‘no-fly” zone around Linux. As such, he is responsible for safeguarding an open and competitive landscape in key technology markets such as back-office transaction processing, mission critical IT applications, mobile communications/smartphones, and desktop computing.

Compass Lexecon is a global economic consulting firm with headquarters in Chicago, Illinois. It provides analysis of economic issues for use in legal and regulatory proceedings, strategic decisions, and public policy debates. Compass Lexecon LLC was formed in January 2008 through the combination of Competition Policy Associates (COMPASS), founded in 2003, and Lexecon, founded in 1977, and operates as a wholly owned subsidiary of FTI Consulting, a global business advisory firm. Compass Lexecon has been ranked as one of the top competition economics firms worldwide.

Alfred Rappaport is an American economist, educator and author. He is the Leonard Spacek Professor Emeritus at Kellogg School of Management at Northwestern University and is best known for further developing the idea of shareholder value, popularized by his 1986 book, Creating Shareholder Value. He was chairman of Chicago consulting firm The Alcar Group and resided in La Jolla, California,

References

  1. Telecommunications Industry Undergoing Significant Change, Crains New York Business, August 1, 1985
  2. Basex Research and Advisory Services Archived May 6, 2009, at the Wayback Machine
  3. Read This and Cost Your Company Dough The New York Times
  4. "Don’t Let This Blog Post Interrupt You" in the Wall Street Journal, July 23, 2008
  5. Meron, Jeff. "Workus Interruptus." March 16, 2006 Slate
  6. "Don't You Dare Email This Story." The Wall Street Journal. May 17, 2009.
  7. Richtel, Matt "Read This and Cost Your Company Dough" The New York Times. December 22, 2008.
  8. Nuttall, Chris. "Lotus Notes Seeks Apple Cool." Financial Times. January 6, 2009.
  9. Jackson, Maggie "May We Have Your Attention, Please?" Business Week. June 12, 2008 Archived April 27, 2009, at the Wayback Machine
  10. "Wieviel surfende Mitarbeiter Unternehmen kosten." Die Presse. December 12, 2008