Transforming data into valuable information and knowledge is crucial for effective decision-making. Data consists of raw figures and facts that lack context, while information is processed data that can be understood and used.
Data leads to information, and information leads to knowledge.
Knowlegde
Quote
Knowledge management is the practice of identifying, creating, communicating, socializing, measuring and improving knowledge to support strategic objectives.
~ Anna Mar, Simplicable
Each year, for the past five years, the apple crop in Somerset has grown by 20%. The same amount of growth is predicted this year so we need to find markets for a further 20% of apples.
Information by applying rules to it.
The ability to understand information and to then form judgements, opinions, make predictions and decisions based on that understanding.
Information
Words, and numbers.
70% of the earth is form by water and the other 30% are humans
Definition
Is a data that has been process by a computer.
Collection of data put it in context.
Data
Example
50%
How is represented?
Raw figures or facts without words.
Definiton
Data is words, numbers, dates, images without context.