Friday, June 12, 2009

Data, Information, Knowledge, Power and Wisdom

Information Technology is about moving and managing Data. We have been using the words: data, information, knowledge, power and wisdom. Have you ever noticed, what is the difference and relationship between these words? Sometimes, people think data and information are same things.

"Facts without context is Data. If Data is organized or structured, it becomes Information, and moving and managing of information is Knowledge management, knowledge becomes Power and finally this power becomes Wisdom".

Here is the simple life cycle for easy understanding:

Data --> Information --> Knowledge --> Power --> Wisdom