Advantage is actually Gain

Technologies are drastically changing the way we look at businesses. It practically has a new face. These technologies are called "disruptive technologies". It sounds bad but it isn't. It has but a great influence in decisions, businesses, progress and even pop culture. This blog post explores how these technologies play a vital role in today's society and is a partial requirement for our Data Mining class led by Mr. Ramon Duremdes.

There are also posts about gaining advantages in IT written by my classmates Camille, Charles, Julie and Ikah.


From the article "Competing on Analytics" by Thomas Davenport, I saw this really interesting statement

Some companies have built their very businesses on their ability to collect, analyze and act on data.

which says that the collection and analysis of data are actually some of the pillars of a successful business. According to the article, organizations are rapidly transforming into information gobblers which is true. Today's organizations compete on business intelligence and analytics not just because they can but because they should.

Everybody wants to gain advantage and what better way to have it by checking out what others do and have. This is what they call the democratization of information access. This democratization brought about a big difference in how organizations do business today.

Businesses now know everything about their consumers... what products they want, how they want it, how much they are willing to pay for it and everything essential to their business. Business processes has become a last concern for differentiation. This gives businesses a total advantage and room for growth. Business Intelligence has come a long way from what it is years ago.

Since it is very useful in today's business generation, the decisions they make, whether big or small strive to be the best and are the best because of Business Intelligence. A lot of major players in different industries use Business Intelligence solutions that helps them get ahead of competitors. Companies like Procter & Gamble, Marriott International and UPS are already using these technologies to remain on top of their game.

überanalytics!

Business intelligence understands what it takes to be successful. A lot of websites that we see and use everyday are not just regular sites. From what I found out, these sites are extremely analytical and they follow a "test and learn" approach to business changes.

Although many organizations now use software analytics and these so called disruptive technologies, it is still a matter of making the information useful to drive the performance of the business. All organizations have access to information. Not all organizations have access to the right information.

Drastic changes in business intelligence, sophisticated networks, powerful processing, inexpensive storage all contributes to solutions that work. Not only is an organization concerned about "what happened" but it is also concerned about "what's happening now" and "what's likely to happen". These whats are crucial. These whats are the very heart of why a company wants to gain competitive advantages.

INTELLIGENCE is exploring every possibility. Every detail. Every room for improvement and growth.

How are Information Technology and gaining competitive advantages useful for telecommunications? Very.

A telecommunication company cannot work witveryhout networks, without intelligence, and more so without information. It is like working with nothing. Nothing will happen. Information is the air telecommunication companies breathe. Business intelligence is its blood. Without both, all these telecommunication companies will all be useless. Dead.

To be able to cater to the needs of subscribers, companies like Smart and Globe rely on information.

Are there limitations to these disruptive technologies? I think that the possibilities are endless. A lot has been going on with technology back then, how much more now? Sooner or later, businesses will know every single detail about their consumers, which is honestly a bit scary.

All in all, Business Intelligence is a very powerful tool for gaining competitive advantage. This tool should be used intelligently to achieve results.