The term "business intelligence" (BI) has emerged over the last ten years as a catch-all for a wide range of financial, analytical, and reporting systems that companies use to steer their business toward higher profitability and sustainable competitive advantage. Fewer and fewer companies deny the need for BI in today’s ever more competitive world, and numerous, increasingly sophisticated technologies have emerged to support this trend. Yet, despite the technological advances, failed BI implementations litter the landscape. What steps can companies take to insure the successful integration of effective BI into the daily management of their operations?
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