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NAICS Code 541512-05 Description (8-Digit)

Information Management is a subdivision of the NAICS Code 541512, which involves the design, development, and implementation of computer systems and software applications that are used to manage and organize data. This industry is responsible for creating and maintaining databases, data warehouses, and other information systems that are used by businesses and organizations to store, retrieve, and analyze data. Information Management professionals work to ensure that data is accurate, secure, and easily accessible to those who need it.

Hierarchy Navigation for NAICS Code 541512-05

Tools

Tools commonly used in the Information Management industry for day-to-day tasks and operations.

  • Data management software (e.g. Oracle, SQL Server, MySQL)
  • Business intelligence tools (e.g. Tableau, Power BI, QlikView)
  • Data visualization software (e.g. D3.js, Highcharts, Google Charts)
  • Data modeling tools (e.g. ERwin, Visio, Lucidchart)
  • Data integration tools (e.g. Informatica, Talend, SnapLogic)
  • Data quality tools (e.g. Trillium, Informatica, Talend)
  • Master data management tools (e.g. Informatica, Talend, IBM InfoSphere)
  • Content management systems (e.g. WordPress, Drupal, Joomla)
  • Document management systems (e.g. SharePoint, Alfresco, OpenText)
  • Electronic records management systems (e.g. Laserfiche, FileNet, Documentum)

Industry Examples of Information Management

Common products and services typical of NAICS Code 541512-05, illustrating the main business activities and contributions to the market.

  • Data analytics
  • Database management
  • Information security
  • Knowledge management
  • Records management
  • Content management
  • Document management
  • Business intelligence
  • Data warehousing
  • Master data management

Certifications, Compliance and Licenses for NAICS Code 541512-05 - Information Management

The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.

  • Certified Information Systems Security Professional (CISSP): CISSP is a globally recognized certification that validates an individual's expertise in information security. It is provided by the International Information System Security Certification Consortium (ISC)². The certification covers topics such as security and risk management, asset security, security engineering, communication and network security, identity and access management, security assessment and testing, security operations, and software development security.
  • Certified Information Privacy Professional (CIPP): CIPP is a certification that validates an individual's knowledge of privacy laws and regulations. It is provided by the International Association of Privacy Professionals (IAPP). The certification covers topics such as privacy laws and regulations, privacy program governance, privacy in the private sector, privacy in the public sector, and data protection.
  • Certified Information Systems Auditor (CISA): CISA is a certification that validates an individual's knowledge of information systems auditing, control, and security. It is provided by the Information Systems Audit and Control Association (ISACA). The certification covers topics such as auditing information systems, governance and management of IT, information systems acquisition, development and implementation, information systems operations, maintenance and support, and protection of information assets.
  • Certified In the Governance Of Enterprise IT (CGEIT): CGEIT is a certification that validates an individual's knowledge of enterprise IT governance. It is provided by the Information Systems Audit and Control Association (ISACA). The certification covers topics such as IT governance frameworks, strategic alignment, value delivery, risk management, resource management, and performance measurement.
  • Certified Information Security Manager (CISM): CISM is a certification that validates an individual's knowledge of information security management. It is provided by the Information Systems Audit and Control Association (ISACA). The certification covers topics such as information security governance, information risk management, information security program development and management, information security incident management, and information security management.

History

A concise historical narrative of NAICS Code 541512-05 covering global milestones and recent developments within the United States.

  • The Information Management industry has a long and rich history dating back to the early days of computing. In the 1950s and 1960s, businesses began to use computers to store and manage large amounts of data, leading to the development of early database management systems. In the 1970s and 1980s, the industry saw the rise of personal computers and the development of software applications for managing information. The 1990s saw the advent of the internet and the widespread adoption of email, which further transformed the way information was managed and shared. In recent years, the industry has continued to evolve with the rise of cloud computing, big data analytics, and artificial intelligence, which have enabled businesses to collect, store, and analyze vast amounts of data in real-time. In the United States, the Information Management industry has experienced significant growth in recent years, driven by the increasing importance of data in business decision-making. The industry has seen the rise of new technologies such as blockchain, which has the potential to revolutionize the way data is stored and managed. The industry has also seen the emergence of new players such as data analytics firms and cybersecurity companies, which have become increasingly important in the age of big data and cyber threats. Overall, the Information Management industry is poised for continued growth in the coming years as businesses seek to leverage data to gain a competitive advantage.

Future Outlook for Information Management

The anticipated future trajectory of the NAICS 541512-05 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

  • Growth Prediction: Growing

    The Information Management industry in the USA is expected to continue its growth trajectory in the coming years. The increasing demand for data analytics, cloud computing, and cybersecurity services is expected to drive the growth of the industry. The industry is also expected to benefit from the increasing adoption of artificial intelligence and machine learning technologies. The COVID-19 pandemic has accelerated the digital transformation of businesses, which is expected to further boost the growth of the industry. However, the industry is also facing challenges such as the shortage of skilled professionals and the increasing competition from offshore service providers. Overall, the Information Management industry is expected to remain a key contributor to the US economy in the coming years.

Industry Innovations for NAICS Code 541512-05

Recent groundbreaking advancements and milestones in the Information Management industry, reflecting notable innovations that have reshaped its landscape.

  • Cloud-Based Data Management: Cloud-based data management solutions have become increasingly popular in the Information Management industry. These solutions offer scalability, flexibility, and cost-effectiveness, making them an attractive option for businesses of all sizes.
  • Big Data Analytics: The increasing volume of data generated by businesses has led to the development of advanced analytics tools that can process and analyze large datasets. These tools help businesses gain insights into their operations and make data-driven decisions.
  • Cybersecurity Solutions: With the increasing frequency and sophistication of cyber attacks, cybersecurity has become a top priority for businesses. The Information Management industry has responded by developing advanced cybersecurity solutions that can protect businesses from a wide range of threats.
  • Artificial Intelligence and Machine Learning: The adoption of artificial intelligence and machine learning technologies is transforming the Information Management industry. These technologies can automate repetitive tasks, improve decision-making, and enhance the accuracy of data analysis.
  • Blockchain Technology: Blockchain technology has the potential to revolutionize the way data is stored and shared. The Information Management industry is exploring the use of blockchain for secure data sharing, supply chain management, and other applications.

NAICS Code 541512-05 - Information Management

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