The concept of Intelligence Enterprise or IE explains the strategy of building a digital estate using an intelligent suite of modern cloud-based technologies, like AI, machine learning, data analytics, and the Internet of Things (IoT). It uses the organizational data to get real-time insights about the company’s business operations, market environment, and customers.
Intelligent Enterprise can transform industries and organizations for which the company C-suite must be prepared to employ AI tools for better decision-making, acquire the right talent, while recognizing the benefits and limitations of AI while planning an overall strategy, focusing on value-based outcomes. IE in the business enterprise helps the organization to be flexible for changing market conditions, collection of data, redefine the end-to-end customer experience and increase in productivity through employee engagement.
The primary components of IE are integrated applications, digital platforms, and integrated technologies. Intelligence embedded applications help in the automation of business processes and facilitate better interaction with customers, suppliers, and employees. The data collection is done through the digital platform which is used by intelligent technologies to detect patterns and predict outcomes to suggest actions.
It is quite challenging to implement this type of alignment as it requires data processing as per urgency and relevance. A common master data, domain models, and platforms need to be built to maintain an end-to-end integration across the process. This further makes it simpler for the leaders to understand the information while reviewing the report. This gives more awareness to the C-suite regarding everything happening in the organization and they can focus more on the bottom line.
Organizations can leverage augmented intelligence systems to maximize operations in human resources, IT, marketing, finance, and others. IE can establish a connection between business divisions that offer a real-time look into company performance to business leaders and CXOs. When there are reliable information and options weighed by AI simulations, the C-suite could formulate multiple potential strategies to deal with the situations that arise. Instead of making decisions based on hunches, emotions, or guesswork, these strategies would be fully informed by the best available data.
The intelligent enterprise provides clarity regarding the goals and objectives of the organization. Intelligence Enterprise helps the C-suite with faster adaptability to survive in a rapidly changing market. Intelligence Enterprise easily connects with customers and provides them with better services. Intelligence Enterprise opens up to tomorrow’s digital and smart economy by aligning every business decision toward the overall strategy by setting mission objectives and tracking progress toward those goals and the end-results.