Business Intelligence Vs Knowledge Management
Whereas knowledge management would perform business.
Business intelligence vs knowledge management. Business intelligence is a more focused subset that aims to directly impact decision making. It covers all elements of an organization s data and information. Strategic knowledge management business intelligence 10 11.
This is my method of differentiating between the two concepts. The major difference between business intelligence and knowledge management is the scope of activities involved in each area. Strategic knowledge management o strategic knowledge management helps in identifying the needs of a firm organizing flow of information implementing the plan and evaluating the whole exercise to find gaps and to rectify things in time.
Business intelligence focuses solely on capturing data manipulating the data and analyzing the data. Investing in intelligence helps you make more informed business decisions that. O strategic knowledge management helps in.
Business intelligence information management pertaining to an organization s policy or decision making particularly when tied to strategic or operational objectives knowledge management. It is a process that continually moves data to information to knowledge. The three disciplines of business intelligence competitive intelligence and knowledge management form the strategic intelligence triad an often misunderstood and misused strategic framework for making informed business decisions to derive a competitive advantage.
Business intelligence bi and knowledge management km. Difference between business intelligence and knowledge management. Business intelligence takes what a company knows analyzes it for profitable opportunities and the end outcome becomes part of the km repository.
Information knowledge discerned from data. So while both km and bi systems are used to capture or create knowledge km systems address the entire lifecycle and result in tacit and explicit knowledge while bi systems are primarily used for knowledge capture and result in explicit knowledge. While this may be seen as circular logic one should keep this basic premise in mind.