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Showing posts from June, 2014

Business Brilliance

The business world has evolved significantly over the past decade and will be changing more rapidly over the coming decades. Methods are getting obsolete with each passing second. Successors come in even before the product settles down in the market. PLC is in its shortest possible version. Product come and go, some processes are no longer required, companies are starting and shutting down like nothing, services provided yesterday have become obsolete today. The whole business scenario has become so dynamic that it cannot be controlled or defined over a limited number of parameters. To handle this dynamics the organization must have good business intelligence at their hand. One of the terms that have been very common in the IT world for the past decade is ‘Business Intelligence’. The term means the process which transforms raw data into meaningful and useful information for business purposes. Business intelligence is basically a tool used by organizations for analyzing business situati