What is the systematic transformation of raw data into valuable information called?

The correct answer is the information value chain, which refers specifically to the systematic transformation of raw data into valuable information that can inform decision-making and drive business processes. This concept emphasizes the stages involved in collecting, processing, and analyzing data to derive meaningful insights. Each step in the value chain adds value to raw data, whether through filtering, organizing, or analyzing it to make it understandable and useful for decision-makers.

In this context, the information value chain illustrates how businesses can improve their operation and competitive advantage by effectively managing data. By recognizing data's inherent worth and systematically processing it, organizations can extract significant insights that contribute to strategy and operational effectiveness.

The other options, while related to information technology and its applications, do not specifically capture the essence of turning raw data into valuable information in the same way. The IT value chain focuses more broadly on the delivery of IT services and products rather than the transformation of data itself. Information processing, while relevant, is a more general term that does not specifically encapsulate the structured approach implied by the information value chain. Feedback typically refers to input received regarding a process or action but does not describe the transformation of data into information.