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Data, Information, and Knowledge Management

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The difference, and relationship, between data and information is a common debate. Not only do these two terms have varying definitions, but they are often used interchangeably.  

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Comments (2)
I believe that there is a significant step between Data and Information, that is often neglected or misunderstood. By defining "Metrics" as calculations derived from Data, such as ratios, percentages, differences and trends, and then considering Information as the "statement of Metrics or Data", either in a visualization or in a sentence, we can better understand the steps, through Knowledge, to gaining Wisdom, and ultimately, assisting in decision making.

regards Brian Stacey

Posted by Brian S | Wednesday, July 27 2011 at 2:14AM ET
Thanks for your comment, Brian. You make an excellent point about there being a bridge between Data and Information, i.e., a process that enables the transformation from Data to Information. And I agree that Metrics is a great candidate, which could also be thought of as a bridge between Knowledge and Wisdom as well. Therefore, to extend your point, Information is a statement of Metrics for Data and Wisdom is a statement of Metrics for Knowledge. Best Regards, Jim
Posted by Jim H | Wednesday, July 27 2011 at 10:56AM ET
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