Why you might want to consider benchmarking in your organisation

Benchmarking is a process of measuring the performance of a company’s products, services, or processes against those of another business considered to be the best in the industry, aka “best in class.” The point of benchmarking is to identify internal opportunities for improvement. By studying companies with superior performance, breaking down what makes such superior […]

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Progression of Data, from data to information to knowledge to insight to action

The Data-Information-Knowledge-Wisdom (DIKW) hierarchy, or pyramid, relates data, information, knowledge, and wisdom as four layers in a pyramid. Data is the foundation of the pyramid, information is the next layer, then knowledge, and, finally, wisdom is the apex. DIKW is a model or construct that has been used widely within Information Science and Knowledge Management. […]

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Why is data visualization important?

Data visualization is the graphical representation of information and data. By using visual elements like charts, graphs, and maps, data visualization tools provide an accessible way to see and understand trends, outliers, and patterns in data. In the world of Big Data, data visualization tools and technologies are essential to analyze massive amounts of information and […]

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