Data, Information, Information Management (IM)

During that classes we have learnt what do data, information and IM mean. For example, data is raw facts. Data can be in the form of numbers, symbols, characters or even sounds. Apart from that, information is data
that is organized and meaningful. So, computers process data into information.

But what is the role of information? Information is used in decision-making. Information is used to influence and persuade. Information can be a capital resource, especially for companies that produce information-based products and services.         
Information has two basic elements:           

• Reach
• Richness. Richness has three components: bandwidth, customization and interactivity.

Information management (IM) is the collection and management of information from one or more sources and the distribution of that information to one or more audiences.

To summ up, I would like to say that, data is a collection of facts, figures and statistics related to an object. Information is the manipulated and processed form of data. And Information management is a general terms that refers to managing any kind of information.