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Data vs Information vs Knowledge, Raw, unprocessed facts, E.g "Sales…
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E.g "Sales were 100,160, 200 units over the last 3 months
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E.g, enables decision-making
- Lifecycle of information from collection to disposal
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- Converts processes and providesinformation
- Supports business objectives
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- Transaction Processing Systems, ticketing and payments
- Management information systems, performance reports
- Decision Support Systems match scheduling
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- Combines experiences with insights
- Includes storage retrieval
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- Values, records and measurments
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- Ensures data accuracy and evalibility
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- Organizes processes and provides information
- Organizes data into strategic decisions
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