Information is data that has been interpreted to have meaning, such as oil price data. To be useful, information needs to be accurate, timely, useable, and complete. Knowledge is a combination of information, experience, and insight that benefits an individual or organization. It emerges when people apply their experiences to information. While information is processed data, knowledge is actionable information that is modeled to be useful.

1. By: SAIRA KAZIM
sairakazim@gmail.com

2.  Information is data that has been interpreted
so that it has meaning for the user. "The price
of crude oil has risen from $70 to $80 per
barrel" gives meaning to the data and so is
said to be information to someone who tracks
oil prices.

3.  Accurate- conveys the true situation.
 Timely- is available in time to make
decisions.
 Useable- is portrayed in common, easily
understood formats and displays.
 Complete- provides all necessary data.
 Precise- has the required level of detail

4.  Knowledge is a combination of information,
experience and insight that may benefit the
individual or the organization. "When crude
oil prices go up by $10 per barrel, it's likely
that petrol prices will rise by 2p per liter" is
knowledge.

5. INFORMATION KNOWLEDGE
Information… is much more refined data… that has
evolved to the point of being useful for some form of
analysis
Knowledge resides in the user…happens only when human
experience and insight is applied to data and information
Information: Processed data… formalized, capture and
explicated; can easily be packaged into reusable form
Knowledge: Actionable information… often emerges in
minds of people through their experiences
Information is data put in context; it is related to other
pieces of data.
Information is about meaning, and it forms the basis for
knowledge
Knowledge… encompasses the belief s of groups or
individuals, and it is intimately tied to action
Information has been defined as data that is “ in formation”
– that is, data that has been stored, analyzed, and
displayed, and is communicated through spoken language,
graphic displays, or numeric tables
Knowledge… is defined as the meaningful links people
make in their minds between information and its
application in action in a specific setting
Information is data with context. Knowledge is information with meaning
Information is a flow of messages Knowledge is created by the very flow of information,
anchored in the beliefs and commitment of its holder.
Information… as message… in the (various) form of
communication… to have an impact on judgment and
behavior
Knowledge is a fluid mix of framed experience, values,
contextual information, and expert insights that provides a
framework for evaluating and incorporating new
experiences and information…

6. Information is processed data whereas
knowledge is information that is modeled to
be useful. You need information to be able to
get knowledge. Information deals with the
way data is related while knowledge examines
patterns within a given set of information