There are many factors that can affect business success. Starting from product q

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Service, price, and also promotions. However, there are other factors that often escape attention, namely data and information. Really, what is the importance of data and information to business success? Very important! The proof is that more than 90% of organizations in the world invest in big data and artificial intelligence (AI). Even President Joko Widodo had said that currently “Data is more valuable than oil”. jokowi quote So, do you want to know more about the benefits of data and information?


Let's see this article to the end! Contents hide 1 What is Data and Information? 1.1 What is Data? 1.2 What is Information? 2 How to process data into information? 2.1 1. Collecting Data 2.2 2. Preparing Data 2.3 3. Data input 2.4 4. Processing Data 2.5 5. Retrieving Phone Number List Information 2.6 6. Storing Data and Information 3 What is the Importance of Data and Information for Business? 3.1 1. Identifying Business Needs 3.2 2. Producing Quality Products or Services 3.3 3. Get to Know Consumers Deeper 3.4 4. Prevent Potential Risks 4 Do you understand the importance of data and information for your business success?



What is Data and Information? illustration of data and information First of all, let's discuss the meaning of data and information and the differences between them: What is Data? Data is a fact that is still raw. The form can also vary, ranging from writing, numbers, pictures, to sound. The data itself consists of two types, namely qualitative data and quantitative data: Qualitative data – This data is usually in the form of statements and interpretation is more flexible. Examples such as: "Consumer A is very satisfied with product B" Quantitative data – This type of data is more static in nature and is generally in the form of numbers.