Making a decision is a bridge between business problems and their hidden answers in data.
Big data, global connectivity and pervasive real-time analytics are changing the way that companies manage their business. Today, the general goal of most business intelligence systems is to access data from a variety of different sources; transform that data into information, and then into knowledge; and provide an easy-to-use, graphical interface to display this knowledge. In other words, a business intelligence system is responsible for collecting, digesting and presenting data in a friendly way.
Many mining companies assume that knowledge is the final objective – after all, knowledge is an essential component of any decision-making process – but it is important that businesses understand that knowledge is no longer enough for making decisions in today’s competitive global market.