What is Data Intelligence?
Data intelligence is a term coined by the International Data Corporation (IDC). It refers to all methods and tools, analytical and otherwise, that organizations utilize to better understand all the data they collect and have at their disposal. Data mining from users and collection of customer data helps drive business metrics. Data intelligence deals with data analysis alone and differs from business intelligence, which involves organizing data and using it to aid decision-making.
Data intelligence mainly helps understand customer preferences and tailor them based on demographics. If prescriptive and descriptive analytics tools are added to the equation, the company is equipped to deal with the optimization of approaches to various tasks. Having a data intelligent approach to storing and saving files can streamline processes and help businesses grow faster.
Data Management Solutions
Data management solutions commonly include elements that simplify IoT data streams, support machine learning, and enable you to process, manage and integrate data obtained from multiple sources. Solutions involve AI-powered approaches to scan all available data for useful and actionable insights.
Data Intelligence vs. Data Analytics
Data intelligence can be done manually, using AI and ML, or using a combination of approaches. Data analytics is when you analyze data to predict what action can be taken. It means you make business decisions using data analytics. A similar analogy may be applied to business intelligence (BI) vs. business analytics.
The main thing to remember is that business analytics is used to make decisions for the future, while BI helps you make informed decisions based on what happened in the past.
Of course, to leverage data for business analytics or business intelligence, you must first be able to access your data, find it within whatever system you’re using for storage, and understand how that data relates to each other.
While there are a plethora of service providers that offer file storing and organization capabilities, none can be compared to FileCloud when it comes to ease of access, hyper-security, and compliance support. FileCloud provides you with a user-friendly dashboard that allows you to track the progress of work in real-time, locate your data, and automate processes like classification, retention, and DLP.