For too long, business intelligence systems have perpetuated segregated silos of information. All those disparate systems have kept us from seeing all relevant data, in one place, in context. And all those costly repositories make it nearly impossible to extract real enterprise value across the whole organization.
Simply put, Enterprise Intelligence refers to the sum total of all of the relevant information that is available to an organization, and the organization’s ability to extract real value from all of that data.
For decades now, organizations have been investing in the infrastructure of data. We can now capture unlimited quantities of information and can access even more. We can store that information in ever expanding repositories, and we can query and retrieve huge volumes of facts. Organizations have invested millions of dollars in special systems designed to track and capture data about specific operations or processes. But all that data remains locked in those systems, and hard to integrate with all the other vital data repositories.
In addition to the information we collect about our internal operations, we can now access vast troves of relevant data from outside the organization. Some of the data is available for a fee from commercial data providers, and even more is available over the open internet for those with the patience and skill to ferret it out.
However, it has become apparent that just storing, querying, and accessing data and information is not sufficient. Single-purpose systems can be crucial, but their real enterprise value is often locked in their proprietary data models. For all the investment in data infrastructure and access to external data stores to be valuable, the modern, data-driven organization must be able to combine data from all sources into a holistic, integrated data asset, and generate real enterprise intelligence that reduces risk, or increases profits.
Legacy Business Intelligence (BI) systems have traditionally only focused on internal data from systems of record like Sales, Supply Chain, Personnel, Facilities, CRM, etc. Enterprise Intelligence integrates relevant data from those internal systems, and fuses it with all the external data sources that are available to the enterprise, including commercial (fee-based) data, and open source (internet and social media, among others) data.
This combination of internal and external data creates a true 360 degree view of the organization, its customers, its products, its supply chain, and any risks that threaten the integrity of the enterprise. Crucially, enterprise intelligence must be fluid and flexible, and have the ability to quickly fuse data, perform advanced analysis, support multi-role decision-making and identify actionable intelligence designed to uncover hidden opportunities, reduce risk, and succeed in the marketplace.
Organizations are collections of people pursuing common goals. Organizations make significant investments in their personnel: Hiring them, training them, compensating them, and trusting them to do good work on their behalf. At Semantic AI, we take the human element of the organization very seriously. The AI in our name stands for Augmented Intelligence, because that’s what our software is designed to do – augment the ability of your people with state-of-the-art tools that make them smarter, faster, more confident, and more valuable.
A modern enterprise intelligence platform should offer best in class analysis today and in the future. We bring in the right data, in context, and create a common data schema as part of the process. Once that is done, you can apply any number of deep analytic techniques to the data, and it will be more meaningful and valuable as a result. As new analytic techniques are invented, a modern enterprise intelligence platform should enable you to use them against your data too, so you don’t need a new vendor when new tools become available, which will save money and time in the future.
Your current systems have their place, and their relatively narrow, potentially crucial roles to play. But real enterprise intelligence value can only be created by being able to see all relevant data, understand what it is telling you, and take intelligent actions, based on that data. Building a true knowledge asset, that reaches across all available sources and grows over time to encompass the ground-truth of your business now and into the future will finally enable you to realize the long-promised return on your data systems investments.
We believe the Cortex Enterprise Intelligence Platform (Cortex EIP) is the most sophisticated, powerful, and comprehensive enterprise intelligence platform available, and we’d like to show you how it can help you solve your hardest problems and augment the intelligence of your people. Please contact us to arrange a demonstration now.