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8 Ways Business Intelligence Software Improves the Bottom Line

Can business intelligence (BI) solutions, software that helps organizations mine and analyze big data and small, help your company improve its bottom line? To find out, CIO.com asked dozens of BI experts and IT executives. Here are their eight top suggestions regarding how you can get a positive return on your BI software investment.

BI, business intelligence

1. Get fast answers to critical business questions. “Business intelligence provides data at the moment of value to a company,” says Jason Cook, chief architect & CTO, U.S. & Canada and Consumer Packaged Goods, BT Global Services. “With a [BI solution] in place, companies can extract crucial facts from a large amount of data at a rapid speed.”

“With quick access to your internal data, you can more efficiently use your time to analyze internal information and make decisions,” says Ryan Mulholland, president, Connotate, a provider of Web data monitoring and extraction solutions. For example, “as

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UK finance minister Sunak, 39, next in line to lead country after Raab

FILE PHOTO: Britain’s Chancellor of the Exchequer Rishi Sunak poses with the red budget box outside his office in Downing Street in London, Britain March 11, 2020. REUTERS/Henry Nicholls/File Photo

LONDON (Reuters) – British finance minister Rishi Sunak would take responsibility for leading the country if Dominic Raab, currently standing in for hospitalised Prime Minister Boris Johnson, were also incapacitated.

Johnson spent a night in intensive care receiving oxygen treatment following his admission to hospital with a persistent high temperature and cough, more than a week after testing positive for the novel coronavirus.

Foreign minister Raab has taken over some of the British leader’s responsibilities, including chairing the government’s daily meeting on the coronavirus crisis, although the 55-year Johnson remains prime minister.

“There is an established order of precedence,” Johnson’s spokesman said. “In line with the order of precedence, the Chancellor (Sunak) would follow from the Foreign Secretary.”

Sunak was

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Line of business – Wikipedia

Line of business (LOB) is a general term which refers to a product or a set of related products that serve a particular customer transaction or business need.
In some industry sectors, like insurance, “line of business” also has a regulatory and accounting definition to meet a statutory set of insurance policies. It may or may not be a strategically relevant business unit.

“Line of business” often refers to an internal corporate business unit, whereas the term “industry” refers to an external view that includes all competitors competing in a similar market. A line of business will often examine its position within an industry using a Porter five forces analysis (or other industry-analysis method) and other relevant industry information.

Computer applications[edit]

In the context of computing, a “line-of-business application” is one of the set of critical computer applications perceived as vital to running an enterprise.

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