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What Are Data, Information and Insights !

What are Data ,Information and Insights !

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Mohamed Aboobucker Mohamed Irfan
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31 views8 pages

What Are Data, Information and Insights !

What are Data ,Information and Insights !

Uploaded by

Mohamed Aboobucker Mohamed Irfan
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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What are Data,

Information, and
Insight?
Data, information, and insight are crucial elements in the data-driven world.
Understanding the difference between them is essential for making informed decisions
and achieving valuable outcomes.

By Mohamed Irfan BSc., MEng, MCIOB,LEED AP® BD+C, MASHRAE


Data
1 Raw Facts 2 Quantitative & Qualitative
Data is the raw and unprocessed
facts, often in the form of Data can be quantitative,
numbers and text. measured numerically, or
qualitative, observed through
descriptions and analysis.

3 Unstructured & Structured


Data can be unstructured, like text or audio, or structured, like tables and
and databases.

By Mohamed Irfan BSc., MEng, MCIOB,LEED AP® BD+C, MASHRAE


Information
Processed Data Data Visualizations
Information is processed data Information is often presented in
organized and presented in a way in visual formats like graphs, tables,
way that provides context and tables, reports, and dashboards.
meaning.

Meaningful Insights
Information allows for the identification of patterns, trends, and insights that can
drive decisions.

By Mohamed Irfan BSc., MEng, MCIOB,LEED AP® BD+C, MASHRAE


Insights
Analysis & Interpretation Relevance & Value Actionable & Impactful

Insights are generated by analyzing Insights are relevant to the audience, Strong insights have the power to drive action
information and drawing conclusions that are providing valuable information that can and lead to positive outcomes, moving
not immediately obvious. influence decision-making. conversations forward.

By Mohamed Irfan BSc., MEng, MCIOB,LEED AP® BD+C, MASHRAE


The Data-to-Insight Journey
Data Acquisition 1
Gathering and collecting raw data from various sources.
sources.
2 Data Cleaning & Preparation
Transforming raw data into a usable format, addressing
inconsistencies and errors.
Data Analysis 3
Applying statistical and analytical techniques to uncover
uncover patterns and trends.
4 Information Presentation
Presenting insights in a clear and concise manner using
using visualizations and reports.
Decision-Making & Action 5
Utilizing insights to inform strategic decisions and drive
drive meaningful actions.

By Mohamed Irfan BSc., MEng, MCIOB,LEED AP® BD+C, MASHRAE


Data Quality
Accurate & Reliable
Ensuring data is accurate and reliable, free from errors and
inconsistencies.

Complete & Consistent


Having complete and consistent data, reducing the risk of bias and
bias and misleading results.

Relevant & Timely


Collecting relevant data that is up-to-date and addresses the specific
needs of the analysis.

By Mohamed Irfan BSc., MEng, MCIOB,LEED AP® BD+C, MASHRAE


Data Visualization

Bar Charts Line Charts


Effective for comparing data across Ideal for visualizing trends and patterns
different categories. over time.

Pie Charts Scatter Plots


Useful for showing proportions and parts Show relationships and correlations
of a whole. between two variables.

By Mohamed Irfan BSc., MEng, MCIOB,LEED AP® BD+C, MASHRAE


The Power of Insights
Improved Decision- Increased Efficiency & Enhanced Customer
Making Productivity Understanding

Greater Innovation & Competitive Advantage Sustainable Growth &


Creativity Advantage Development

By Mohamed Irfan BSc., MEng, MCIOB,LEED AP® BD+C, MASHRAE

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