Business intelligence knowledge management

Business intelligence consists of tools and systems that play a vital role in the planned process of the business. It consists of various activities like decision support system, statistical analysis, forecasting etc. knowledge management is the method of acquiring, organizing and storing the knowledge and experiences of the workers of an organization and making it available to others. Business intelligence and knowledge management are inter-related.

Business intelligence system is essentially needed for business decision making, knowledge management system help in taking decision making with regards to the action-taking process. Thus we can state that business intelligence plays an important role in knowledge management. This leads to collaboration of knowledge expertise and business intelligence experts.

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