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“We are experiencing a sea change in the BI market,” says Patel. “That change is driven by user demand for better, more concise information to quickly and effectively support business decisions and competitivepositioning.” ” Click here: [link].
With increased competition for the best resources and team members, the average SME business is hard-pressed to recruit, find and retain the best talent and to use that talent to advance their products and services in the market. Data literacy is something most businesses want to encourage.
Your business can get off track and, if you aren’t aware of that misstep, you risk greater loss as time goes by. At the same time, the changes that occur that might provide a market opening or an opportunity can also fall by the wayside if you are not paying attention.
Business Intelligence isn’t new but the way we gather, analyze and digest this intelligence is definitely changing. In the past, business intelligence was delivered to senior executives by IT and/or business analysts. There are few businesses today that have the luxury of waiting for information, data or reports.
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The next step is to blend this understanding with technology-driven innovation to create new revenue streams, strengthen the companys competitiveposition, and leapfrog the competition. Understand the business to execute a meaningful IT An effective IT strategy begins with a comprehensive understanding of the business.
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