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Everyone talks about data, but many often confuse it with information and knowledge. Basically, data is a core corporate asset that must be synthesized into information before it is the basis for knowledge within the organization. On the other hand, data is ubiquitous - it is employed to support every aspect of the business, and is also an crucial component of every key business process. However, wrong data cannot generate useful information, and knowledge built on invalid information oftentimes leads organizations into catastrophic situations
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