In the words of Albert Einstein – “Any fool can know. The point is to understand.”
Data contains information which has an intrinsic value. However, to get the best “value” from your information you need to convert it to knowledge. Knowledge is power, knowledge makes for successful decision making and knowledge is what helps your department, group or business grow and deliver to the best of its ability.
To be able to provide the best knowledge data from multiple sources is required. What type of data, where from, in what form you ask. We group data sources into four distinct groups for ease of understanding; machine data, wire data, agent data and synthetic data.