Tuesday, May 7, 2019
Managerial Applications of Technology (Business Intelligence and Assignment - 1
Managerial Applications of Technology (Business Intelligence and Knowledge Management) 2 - fitting ExampleThe computational power increase enables more data handling, and faster response and resolution of the problems and queries. The cardinal are mere advancements of the field of technology made possible through the business intelligence moderate system. The impact of these two functions is rapid delivery rates and increased participation of the employees in the working procedures. These trio variables work in a complementing manner towards one another(prenominal).The possible costs of this massive elaborateness could be the need for establishing maintenance costs. Training the employees to work on the state of the art technology based networks is another modesty. Possible appearance of bug in the network may be another cost and constraint (Levinson, Bell, & Liu, 2011, p. 194).More data nearly always means intermit decision making. Since it allows clear litmus standardised t est of the performance, achievements and the dates and objectives missed in the quantitative terms. Hence it can be easily advocated for that the data expansion and using business intelligence systems always pays dividends in the form of improved performance, self assessment and better employees understanding (Quintero et.al, 2010).Donovan, F. (2013, Feb 20). Gartner Microsoft, Oracle, IBM lead BI and analytics market. Retrieved from fierceenterprisecommunications http//www.fierceenterprisecommunications.com/story/gartner-microsoft-oracle-ibm-lead-bi-and-analytics-market/2013-02-20Levinson, D., Bell, M., & Liu, H. X. (2011). Network Reliability in Practice Selected Papers from the one-quarter International Symposium on Transportation Network Reliability. Springer Science & Business
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