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10 Ways Organizations Can Prepare for Changes Brought on by the IoT

Smart Data Collective

Many companies are going to have to revamp their entire business models in order to deal with the new technological changes brought on by advances in the IoT. The IoT is Changing the Nature of Business. Another example is when Blackberry undervalued the arrival of the touchscreen technology and fell behind competitors.

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Decision Intelligence: What It Is and Why You Need It

Domo

Now more than ever, business decisions carry a lot of weight. They must be faster, more accurate, automated, and cognizant of the entirety of your business intelligence. In order to make the most of your data and ensure you are taking actions that will benefit your business, you must evolve your decision-making processes.

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Competitive Intel: A Complete Definition and Guide

Netbasequid

Say, for instance, you’re an airline; you find out that a competing airline has reduced the ticket price for a certain route and you do the same to maintain your customer base. Since the 1980’s the field has steadily grown as businesses see its value. It might not be obvious, but you rely on competitive intel all the time.