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Discussing Technology as an Intelligence Tool

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Hi, I need some help developing responses to the following questions.

1. What is meant by enterprise-wide analytics technology, and how does it play a part in understanding business processes? What are the challenges in rolling out a business intelligence tool?
2. What are some of the challenges associated with requirement elicitation? How does an iterative approach help that process?

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Solution Summary

This solution explains enterprise-wide analytics technology. The sources used are also included in the solution.

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Step 1:
Enterprise analytics describes analytic technology that is deployed across the entire enterprise. The term enterprise-wide analytics technology refers to integrated systems that take an "include all" approach across the whole company; the objective is that information can be shared throughout the company. Specifically, the systems collect data and transform it into knowledge by developing patterns, recognizing relationships, and identifying anomalies. The enterprise-wide analytics technology accomplishes this through analysis, and interpretation. The enterprise-wide analytics technology helps business decision making by using data. This is a proactive decision making ...

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