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7 steps for turning shadow IT into a competitive edge

CIO

Following are seven steps to guide this transformation for competitive advantage. But to do so, IT leaders must first shine a light on what’s occurring in the shadows by expanding the scope of business leaders they engage with, increasing the frequency of their dialogue, and diving deeper into employee workflows.

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Huge Benefits of Business Intelligence for Your Company

Smart Data Collective

Introduction: What is Business Intelligence? Business Intelligence is the collection, storage, analysis, and reporting of data to make better business decisions. ” Many companies realize the power of BI to improve their business results. They are taking advantage of a number of BI tools.

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Mining the Internet for Competitive Business Intelligence Through Data Scraping

ArchIntel

The job of mining the internet for business intelligence is becoming more specialized as new tools emerge and as researchers gain more experience doing it. An article in Women on Business on Thursday discusses “data scraping,” a method of extracting BI from open sources , touted to transform the way information is mined online.

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Global SMEs Adopt New Business Intelligence Initiatives During COVID-19 Crisis

Smart Data Collective

In response to the global Coronavirus pandemic, businesses are adopting a series of new, innovative digital technologies. Business intelligence is emerging as a new point of differentiation to help them stand out amongst their competitors. Business intelligence has changed the nature of company engagement in countless ways.

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How to use LinkedIn for Competitive Intelligence

Aqute Intelligence

Competitive intelligence analysis helps businesses maintain or gain a strategic market advantage. LinkedIn, with its network of over 750 million users worldwide, is an indispensable competitive intelligence tool, and no competitive intelligence research is complete without it.

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Business Intelligence: Gamification as a Strategic Tool for Organizations

Smart Data Collective

Business intelligence is becoming a central aspect of almost every major organization’s business model. Companies around the world are projected to spend $33 billion on business intelligence by 2025. Gamification is one trend that is transforming the arena of business intelligence.

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Better, faster decisions: Why businesses thrive on real-time data

CIO

Most organizations understand the profound impact that data is having on modern business. In Foundry’s 2022 Data & Analytics Study , 88% of IT decision-makers agree that data collection and analysis have the potential to fundamentally change their business models over the next three years. Customers have too many options.

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