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AI-Powered Competitive Intelligence: Transforming Business Strategies in the Digital Age

SCIP

SCIP Insights AI-Powered Competitive Intelligence: Transforming Business Strategies in the Digital Age In today's hyper-competitive landscape, staying ahead of the curve is essential for businesses striving to thrive.

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How to Conduct Competitive Intelligence Research

Owler

What is Competitive Intelligence? Competitive intelligence is the practice of gathering, analyzing, and acting on information about your market, industry activity and disruptions, competitors, and their products/services. What advantages do they have that I don't have? How many clients do they have compared to me?

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What does the future of Competitive Intelligence look like?

Markets and Markets

Competitive intelligence (CI) has a huge contribution to a company’s growth when implemented and executed correctly. As per the SCIP survey, the foundation of CI does matter. So, where is the future of competitive intelligence headed? Competitive Intelligence teams are growing.

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Competitive Intelligence: 19 Statistics That Will Blow Your Mind

Evalueserve

Businesses are increasingly focused on data-driven decisions as the competitive landscape only grows within each industry. Competitive Intelligence brings value for businesses by providing data to drive decisions based on sector, competitor, sales, and a plethora of other business elements. Source: PwC ).

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What is a Competitive Analysis? 2023 Guide

Netbasequid

Primarily, competitive analysis should help you gain more market share, meaning you have to take it from the competition. Competitive analysis shouldn’t be confused with competitive market research, which studies the competitive landscape rather than focusing on a single competitor.

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How to Create a Competitive Analysis Template in 2023

Netbasequid

It’s what the best performers do: According to Emerald , 90 percent of Fortune 500 companies use competitive intelligence to gain an edge over their competitors. Ultimately, a competitive analysis will help grow your market share by taking it from the competitor or tapping into new opportunities.

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Competitive Intel: A Complete Definition and Guide

Netbasequid

And the fuel for these leaps and strides is competitive intel, which influences business strategy. What is Competitive Intel? During a 2021 NetBase Quid LIVE event , Cam Mackey, CEO for SCIP, shared a few tips with the audience. Competitive intel is not industrial espionage. Guide to Competitive Intel.