When you come to grips with the main benefits of operational intelligence, new avenues for expansion should come into focus almost immediately.
Operational intelligence, a branch of of the broader field of analytics, focuses on the here-and- now of business. Solutions generally consist of a monitoring component that feeds key performance indicators into a dashboard that lets executives visualize business trends and patterns. The operational intelligence dashboards, in turn, facilitate the management of an enterprise’s business processes. Such dashboards provide insights that improve the organizational decision-making process. Another type of dashboard, namely an analytical dashboard, focuses on predictive analytics and emerging business opportunities. They are chiefly concerned with the future.
Operational intelligence, in contrast, is all about the present — and unlocking a business entity’s potential today. Here are three reasons understanding the essence of operational intelligence will propel your company’s growth:
