about Business Intelligence
With an estimated 1 billion people using Excel, Microsoft has made a pretty powerful piece of software. Whether you love or hate spreadsheets ,they do have a vital role in almost every business, especially when it comes calculating data.
So, why are spreadsheets destroying your business?
The answer is simple…
1. They’re time consuming
2. They ‘re difficult to understand
3. They’re prone to errors1
In the coming months, it’s highly likely that you’ll hear a lot about the ‘Internet of Things’ (IoT) or ‘Internet of Everything’ (IoE), very vague sounding turns of phrase that you may think are strictly reserved for Star Trek nerds, technophiles and geeks.
The potential for the Internet of Things is so huge, however, that it may be about to make the inventions of the wheel, sliced bread and even its own Father, the Internet, look like trivial steps in mankind’s journey into the future, and, more importantly, change the way you order pizza forever
Our friends over at Boston University’s MSCIS Program have researched how Business Intelligence (BI) is key for gaining a competitive advantage. In the infographic below they highlight the growth of BI to managing data and the effectiveness it has on decision-making.
If you like the infographic, don’t forget to share it!