The modern currency of business is information, and an organization’s ability to adapt to economic conditions in order to better serve its customers (or citizens) is directly influenced by its efficiency in managing that information.
In the physical world, things took time to evolve. Laws took shape over centuries and libraries emerged to store important documents. Where I grew up, we had a small library. It was a room with shelved walls filled with books and there was another that contained the greater collection and archives.