UC Berkeley has released research results on a study showing that the amount of new information has doubled in the last three years. With almost every aspect of daily life being recorded and stored in some form, worldwide information production has increased by 30% each year between 1999 and 2002. One of the important conclusions that can be drawn from this research is that data does not always equal knowledge, according to the study. Most companies have amassed a collection of valuable data and have spent billions on IT to house critical information, but have not focused on providing tools that can properly search through this information intelligently and quickly. The full text of the study is available online.