In today’s ultra-competitive world, it is vital that businesses succeed in finding ways to stand out from the competition. Business intelligence is key to gaining this advantage and is becoming increasingly important to the success of businesses in every industry.
Business intelligence represents the systems and tools that are important in the strategic planning processes of a corporation. All in all, it is critical for the successful running of a business. Statistics from worldwide research support this. The research focused on certain areas such as the growth of business intelligence, management of data, decision-making and budgeting. Here are some of the findings:
To learn more about gaining a competitive advantage through business intelligence, checkout this infographic created by Boston University’s fully online Master of Science in Computer Information Systems.
As read on Boston University Metropolitan College.