While data can be seen as information, data and information management are slightly different terms. The definition of data, as per Wikipedia, “refers to qualitative or quantitative attributes of a variable or set or variables.” You are able to given information based on data if the data is accurate and applicable.
We are not provided with information based on data alone but rather in its context.
On the other hand, information, according to Wikipedia is “a collection of facts from which conclusions may be drawn; “statistical data” or data as processed, stored, or transmitted.” Information is the process of using data and making it applicable to creating solutions or ideas. Data is the seed, which grows through information and blossoms into a plant of knowledge.
Data is considered a subgroup of information management because it encompasses the values and importance of using data as a powerful source. It includes all aspects of data from generating, obtaining, changing, distributing, defending, authenticating to maintaining data. Aspects of data management include naming files, changing policies, updating practices and keeping long-term documentations of the organization. It guarantees that the organization’s data is accessible, precise, protected and comprehensive.
Other modules of data management include data quality, data architecture, data governance, data archiving and retention, metadata management, master data management and security.
Information management is used to express the management of people, technology and procedures that is vital for a company to have proper structure. It is the use of all these parts to ensure that the way the information is processed, delivered and used is available for business purposes. It is necessary for the information to be managed from various sources, whether electronic or otherwise, in order to be distributed and used.
Modules of information management include performance management, business intelligence, IM strategy, content delivery, enterprise data management, technology enablement, information asset management and enterprise data management.