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Feb 01

The data to wisdom model

  • Created: 01 February, 2012

Summary

Knowledge management is a hot topic. Managing knowledge is a difficult task, it requires an organisation to harness its employees’ experience and knowledge and use it as the company’s knowledge.

The data to wisdom model

This model has been around for many years.

Data is quite simply plain facts number or words, it is raw data.

Information is processed data, it is organised, it is structured, it is data presented in a context to be considered useful.

Data by itself means nothing, it’s not until it’s processed it becomes useful information.

Knowledge is a collection of information that we can use to build understanding, it’s how we apply the information we have.

Wisdom is how we use our capacity to understand, our knowledge and experience to make judgements, to make decisions.

Knowledge management is a hot topic. Managing knowledge is a difficult task, it requires an organisation to harness its employees’ experience and knowledge and use it as the company’s knowledge.

The knowledge within an organisation is now being recognised as a key resource that can give a company a competitive advantage.
With data being such valuable asset, companies need to protect their data ensuring it is secure from theft or loss. 

DBA-Team are the data professionals that work in partnership with companies to ensure their data is continuously monitored, expertly managed and secure.

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