target audience: TECH BUYER Publication date: Aug 2022 - Document type: IDC PeerScape - Doc Document number: # US49547922
IDC PeerScape: Practices to Build Enterprise Intelligence
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Abstract
This IDC PeerScape presents five best practices for organizations trying to build their enterprise intelligence capabilities that align with the four pillars of enterprise intelligence, according to IDC's Future of Intelligence framework. The first four best practices are followed by an example of an organization that won an award for a pillar category in IDC's Best in Future of Intelligence North America Awards for 2022, and the fifth example is of an organization that has successfully put into action all four pillars of enterprise intelligence.
"The importance of enterprise intelligence cannot be emphasized enough as organizations try to weather the storms of disruption. We have seen more volatility and change in the global economy, and enterprises need to leverage both internal and external intelligence to plan and operate successfully. Data-driven organizations with high enterprise intelligence have a much better track record at outperforming their peers and becoming market leaders in their respective industries," according to Chandana Gopal, research director, IDC's Future of Intelligence. "Enterprise intelligence can be improved; organizations must be self-aware and know where their gaps are and how to strategically invest to fill those gaps".