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I don't have sufficient context provided to write an accurate overview of "information society." The context you've provided ("form of society") is too minimal to extract specific facts about what an information society is or why it matters. To provide an accurate, fact-based overview as requested, I would need more substantial source material.
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An information society is a society or subculture in which the usage, creation, distribution, manipulation, and integration of information is a significant activity. Its main drivers are information and communication technologies, which have resulted in rapid growth of a variety of forms of information. Proponents of this theory posit that these technologies are impacting the most important forms of social organization, including education, the economy, health, government, warfare, and levels of democracy. The people who are able to partake in this form of society are sometimes called either computer users or even digital citizens, defined by K. Mossberger as “Those who use the Internet regularly and effectively”. This is one of many dozen internet terms that have been identified to suggest that humans are entering a new and different phase of society.
Some of the markers of this steady change may be technological, economic, occupational, spatial, cultural, or a combination of all of these. Information society is seen as a successor to industrial society. Concepts that are closely related include the post-industrial society (post-fordism), post-modern society, computer society and knowledge society, telematic society, society of the spectacle (postmodernism), the Information Revolution and the Information Age, network society (Manuel Castells), and even liquid modernity (Zygmunt Bauman).