IPC Defines Enterprise Intelligence

  • Enterprise Intelligence (EI) is defined as the art and science of harnessing information in order to improve decision making in the areas of cost management, productivity and outcomes; consistently across the enterprise.
     
  • EI is organized and delivered as an accurate, complete and timely source of truth.
     
  • EI affords business and financial professionals greater access, understanding, analysis, and interpretation of the vast information stores accessible to the enterprise. This is accomplished by using data and analytics techniques and includes data managed both inside and outside of the enterprise.
     
  • EI plays a significant role in improving decision-making effectiveness and outcomes in terms of cost containment, organizational performance, financial leverage, and customer satisfaction.
     
  • An in-memory technology today, namely QlikView, takes us to a new level; enabling analysis to understanding at the speed of thought.
     
  • Moreover, in-memory technology coupled with ETL scripting and data marts, enable effective association of disparate data sources and field naming conventions as if they were one.