Competing to survive, by offering the best product or service in this digital age, will soon be an understatement for companies. Businesses not harnessing intelligence will crash on the roads of the digitised highway. A lot of enterprises will fail not because they have bad products or poor services. Rather, companies falter due to their inadequate intelligence about their own performances, processes and people.
Let’s look at a few business intelligence areas for a company. Financial intelligence, through financial statements, is widely available and is the most prevalent, given the scrutiny of the government regulators. Beyond financials, the next generation intelligence is a network of corporately available data that will give rise to a new class of intelligence.
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