Business intelligence factors for decision making

Abstract

In today’s business world, data has become a highly valuable asset. Companies that can effectively harness their data to gain insightsand make informed decisions have a significant competitive advantage. This is where business intelligence and real-time analysis come in. The authors will discuss various business intelligence applications. Such studies, e.g. improving competitive advantage through business intelligence, speed of innovation and quality of innovation in human capital and structural capital are becoming increasingly relevant.