But, at the dawn of the Big Data era, that analogy may be more true than ever.
In the Big Data era, where companies are able to quickly make sense of larger quantities of data than ever, information is finally recognized as a critical business asset.
FORBES: Information Governance Even More Important In The Era Of Big Data
But I would venture to speculate that the Splunk IPO (April 2012, one month before the Facebook IPO) is what will be viewed in the future as the defining moment, the launch of the big data era.
With Big Data, we are now entering the era when we will measure every data point, and then have the tools and computational power to crunch the resulting terabytes to find the secrets that lie within.
Mayor Michael Bloomberg has assembled an expert analytics team in his Office of Policy and Strategic Planning to lead the City into this new era of data-centered innovation.
We are already significantly ahead in creating technology tools and services, and we are on the threshold of a new era of data-driven progress where the jobs of the future will not look like the jobs of the past.
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But, in the era of big data and exponential technological progress, can there really still be a role for the 1472 model of banking?
BBC: Viewpoint: The end of High Street banking as we know it
Companies need to wake up to the reality that information governance is more important in the era of Big Data than it was beforehand.
FORBES: Information Governance Even More Important In The Era Of Big Data
It is for this reason that The Signal and the Noise is essential reading in the era of Big Data that touches every business, every sports event, and every policymaker.
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As companies are beginning to make bigger investments, and the availability of advanced technologies and a skilled workforce are ramping up, the era of Big Data and Big Data analysis is just getting started.
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"The award signifies our strong partnership with Rensselaer and our commitment to ensure New York State has the skills and capabilities to lead in Big Data applications and the next era of computing, " said Dr. John E.
ENGADGET: Watson heading to college, honing administrator-pranking algorithms
The play here is to sell all this in a newer, more integrated way that HP says will aid things like energy savings, and allow for a better transition to software analytics, the darling of this era of big data.
Crime Prevention Minister James Brokenshire told the BBC it was not "some great big government snooping exercise", but a change designed to allow police officers to continue to solve crime in an era when communications data - details of phone calls - was used in 95% of all serious crime and terrorism cases.
Hadoop ushered in the era of the big data database, architected to distribute processing across servers instead of within storage.
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Indeed, except for a few tv loudmouths and self-help salesmen, there's nobody on the list whose day job is to interpret real events. (We dropped a category for public speakers this year--that's why you don't see Bill Clinton--because it's such a static roster.) No matter: Click here to enjoy the names and faces as useful data points of a personality-obsessed era.
The smartphone era increases again the rate of data inflow, as consumers carry with them a streaming source of geolocated imagery and audio data.
Meanwhile, the construction of a new data center in North Carolina may herald an era of tighter integration between software and services at Apple.
For any at-risk industry, not just the food and pharmaceutical industries, the data confirms that we have already entered an era in which product recalls are nearly business-as-usual propositions.
As we move into the post-PC era, companies will need to rethink the data experience.
Organizations that truly embrace big data can create new opportunities for strategic differentiation in this era of engagement.
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Asked to support the valuations, ERA couldn't provide such basic appraisal data as number of rooms or nearby property sales used as comparables.
If we open the doors of government to the private sector and make data accessible, we can jump-start a new era of social innovation.
Unlimited data plans made sense at the beginning of the smart phone era.
It reports on the convergence of five forces: mobile, social media, Big Data, sensors and location to create an entirely new technology era, one in which context will shape business, marketing, advertising, our health, entertainment and our relationships with connected devices.
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There is limited data about how gold has performed as an investment in the modern era, because for so long the gold market was either heavily regulated or fixed by governments.
"I think that today marks a real dawning of an era...of mutual recognition and mutual respect for data protection and privacy framework on both sides of the Atlantic, " said Nuala O'Connor Kelly, chief privacy officer for the U.S. Department of Homeland Security.
The seventy-year history of the computer era to date can be seen as the Gold Rush phase of data.
Since the era of Eratosthenes and Ptolemy, advances in science and mathematics have required data in excess of our ability to compute it readily.
In an era when consumers and corporations are storing and accessing ever larger amounts of data, the IT world faces increasingly sophisticated attacks from hackers, fraudsters, phishers, identity pirates and data-bushwhackers of every stripe.
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