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Competitive intelligence is a legal business practice, as opposed to industrial espionage, which is illegal. [4]The focus is on the external business environment. [5]There is a process involved in gathering information, converting it into intelligence, and then using it in decision-making.
Technology intelligence is not new but is more important now that organizations and societies are being disrupted by the shift to an information and networking-based economy. [6] Also known as Competitive Intelligence , there are different stages of the evolution process. [ 6 ]
Competitive analysis in marketing and strategic management is an assessment of the strengths and weaknesses of current and potential competitors. [1] This analysis provides both an offensive and defensive strategic context to identify opportunities and threats.
In strategic planning and strategic management, SWOT analysis (also known as the SWOT matrix, TOWS, WOTS, WOTS-UP, and situational analysis) [1] is a decision-making technique that identifies the strengths, weaknesses, opportunities, and threats of an organization or project.
The history of the academy tracks closely the history of the field of competitive intelligence which has risen in importance during the 1980s with the increase in global competitive pressures and the spread of Internet search engines which made information more accessible. In 1986, the Society of Competitive Intelligence Professionals (SCIP ...
Here's what you need to know about a battle that could impact the future of artificial intelligence. Two of the most powerful forces in the AI industry are set to collide this year: xAI's Elon ...
Artificial intelligence will undoubtedly be an important growth driver. Hyperscalers are investing heavily in artificial intelligence infrastructure to ensure they remain competitive. However ...
They examined two competitive intelligence processes: Competitive Strategic Business Intelligence (CIAD) and Competitive Technical Intelligence (CTI). According to April and Bessa, CIAD is a linear process where the intelligence product moves upward through the layers of the organization. In contrast, CTI is a more networked model.
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