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Echolocation in Business, What is that?

In an environment driven by the pace and dominated by the growing insecurity, the company has supported the growing problems and improve their competitiveness. Only a few weeks, rumors about the collapse of the giant Eastman Kodak in question. Icon for 131 years of photography are brought to the ground and launched the first digital camera, forced hard world of new production in the face. Rules for business games can now invented and imposed by the newcomers. It is no longer reserved for big and powerful.

In this playground during development, it is ready for businesses to survive and thrive, to understand their environment, monitoring of competitors, a critical assessment of their position and never fall into the trap of complacency: the concept of Business Intelligence.

A quick Google search pulls millions of Web pages on Business Intelligence. Wikipedia, online encyclopedia, defines Business Intelligence “uses computer technology in the identification, extraction and analysis of business data.” If Searchdatamanagement.com on the site, please read “Business Intelligence is a broad category of applications and technologies to collect, store, analyze and access data to meet business users make better decisions.”

Yes, it is the focus of the business intelligence data. No, says the computer business intelligence is not how much. Defining business intelligence and explain their importance for the company, a simple and natural technique used by bats (yes bats!) Bats emit in the dark, flying at high frequency sounds through the mouth and nose, which she did. This ongoing process of echo-location is known, is a prerequisite for the survival of bats, as they scan their environment to pursue their prey, their future movements to develop and eventually be able to self- nourish.

Business Intelligence for echolocation companies. The new dynamics of business games, it is crucial for companies to a system of echolocation to evaluate solid, critical to its strategic location and adjust their movements.

Entrepreneurs and leaders say that business intelligence is useless and their flair and experience to live their way to ensure that success is not of this world. Of course, flair and experience to help, but without a good understanding of their business environment and analysis of their competitive, companies are doomed to failure. For those who want to be successful, do not forget: Smart companies use echo location!

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