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Answered! Discussion-Business Intelligence and Knowledge Management Business intelligence, knowledge management, and…

CASE STUDY 1 1 (15% Discussion-Business Intelligence and Knowledge Management Business intelligence, knowledge management, and expert systems are powerful tools that allow corporations to analyse huge amounts of data that would typically go ignored in the past. Using the readings for this module, online and library resources, research how companies are using business intelligence, knowledge management, and expert systems. Respond to the following: 1. Does this increase in data and computing power always benefit companies that employ these tools? 2. What are the costs of this massive expansion of information available to managers and other business users? 3. Does more data always mean better decisions in the corporation? 4. Give reasons and examples in support of your responses.

Discussion-Business Intelligence and Knowledge Management Business intelligence, knowledge management, and expert systems are powerful tools that allow corporations to analyse huge amounts of data that would typically go ignored in the past. Using the readings for this module, online and library resources, research how companies are using business intelligence, knowledge management, and expert systems. Respond to the following: Does this increase in data and computing power always benefit companies that employ these tools? What are the costs of this massive expansion of information available to managers and other business users? Does more data always mean better decisions in the corporation? Give reasons and examples in support of your responses.

Expert Answer

 The increase data does benefit the companies as long as they know who to threat the data, you need to qualify data scientist of business intelligence analyst that are able to work and clean the data in order to get insights about the business. More data is good as long as you know how to read it.
  1. The cost of technology, from the operational data bases, ETL tools like power center or ODI, and of course BI tools like OBIEE, Qliksense, Tableu, microstrategy, etc. You also need the cost to train the people or the cost to pay a consultant company to implement the project.
  2. More data mean better decision if you are able to process the data with the correct tools and people.
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