Information-theoretic in the context of "Harry Nyquist"

Information exchange or information sharing means that people or other entities pass information from one to another. This could be done electronically or through certain systems. These are terms that can either refer to bidirectional information transfer in telecommunications and computer science or communication seen from a system-theoretic or information-theoretic point of view. As "information," in this context invariably refers to (electronic) data that encodes and represents the information at hand, a broader treatment can be found under data exchange.

Information exchange has a long history in information technology. Traditional information sharing referred to one-to-one exchanges of data between a sender and receiver. Online information sharing gives useful data to businesses for future strategies based on online sharing. These information exchanges are implemented via dozens of open and proprietary protocols, message, and file formats. Electronic data interchange (EDI) is a successful implementation of commercial data exchanges that began in the late 1970s and remains in use today.