From the beginning of human history, knowledge has meant power. The success or failure of individuals, companies, and countries depends on the amount and quality of knowledge they have about their environment.
Knowledge is based on facts. In some cases, facts are made of abstract data, difficult to represent in precise mathematical terms. However, the economic life of every company relies on precise data obtained from external and internal sources.
Knowledge management is based on the ability to use this absolute data to interpret reality and arrive at conclusions about how their environment reacts to specific conditions.
Data has value if it is accurate and comprehensive enough ...