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

Smart Data Collective

Education can help people boost their expertise and develop the skills needed to run a business in an IoT-led business environment. Today’s IoT-dependent business models require business owners to become more open to change for fostering innovation and promoting creativity. Enhanced innovation. Crisis management.

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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. 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. How will this help you improve your business?