Once irrelevant data has been removed, the task is to seek out key pieces of information from the data. This information should be relevant to the organization, and its decision-making.
Knowledge
from the data, you can then develop them into knowledge. In es australia email address list sence, this means deciding if the information can be developed into something of intellectual value and used to help formulate a robust strategy.
Wisdom
If something has been discovered in the data that competitors have yet to unearth, you could translate this knowledge into core insights. Organizations may formulate a whole strategy around these insights to create something magical. This is known as the wisdom step.
By applyi
ng the principles of the four building blocks of the DIKW pyramid to interpret raw data, you can convert the data into something very meaningful and insightful.
Data management tools
Fortunately, there’s a range of management tools at an organization’s disposal to assist with interpreting raw d