From Raw Data to Wisdom......

Data

1. information, often in the form of facts or figures obtained from experiments or surveys, used as a basis for making calculations or drawing conclusions
2. information, for example, numbers, text, images, and sounds, in a form that is suitable for storage in or processing by a computer

Information

1. definite knowledge acquired or supplied about something or somebody
2. the collected facts and data about a particular subject
3. a telephone service that supplies telephone numbers to the public on request.
4. the communication of facts and knowledge
5. computer data that has been organized and presented in a systematic fashion to clarify the underlying meaning
6. a formal accusation of a crime brought by a prosecutor, as opposed to an indictment brought by a grand jury

Knowledge

1. general awareness or possession of information, facts, ideas, truths, or principles
2. clear awareness or explicit information, for example, of a situation or fact
3. all the information, facts, truths, and principles learned throughout time
4. familiarity or understanding gained through experience or study

Wisdom

1. the knowledge and experience needed to make sensible decisions and judgments, or the good sense shown by the decisions and judgments made
2. accumulated knowledge of life or in a particular sphere of activity that has been gained through experience
3. an opinion that almost everyone seems to share or express.

(Source: Here are four definitions taken from Encarta® World English Dictionary © 1999 Microsoft Corporation. All rights reserved. Developed for Microsoft by Bloomsbury Publishing Plc.)