For the success of any business, one of the most important and crucial factors is the gathering, storage and use of relevant business intelligence. To make a visible difference in the market, a business needs to display some prominent characteristics.
Have clear strategies, Possess in-depth knowledge of the target market, Have deep insight about their own business processes, and Know a specific direction towards which they can structure their efforts. Typically, these efforts require ready access to large volumes of relevant and timely data, which needs to be collected, structured and accessible for later use. Such core data is what builds business intelligence.
Author: Vijay G