Knowledge Management Business intelligence, knowledge management, and expert sys
ID: 3845387 • Letter: K
Question
Knowledge Management Business intelligence, knowledge management, and expert systems are powerful tools that allow corporations to analyze huge amounts of data that would typically go ignored in the past. Using the readings for this module and the Argosy University online library resources, research how companies are using business intelligence, knowledge management, and expert systems. Respond to the following: Does this increase in data and computing power always benefit companies that employ these tools? What are the costs of this massive expansion of information available to managers and other business users? Does more data always mean better decisions in the corporation? Give reasons and examples in support of your responses. Write your initial response in approximately 400-500Explanation / Answer
Yes Ofcourse this tools benifit for the organisations inorder to make reports or to analyse the growth of the comapany or to compare the results with the past results etc like this .
Business intellgence systems are the systems with the startegic plannig in the company. It represents the tools which is used to make the reports. Generally organisations store raw data in the database. It is difficult to process this raw data to get the meaningfull information. In this cases business intelligence are very much helpfull in data mining and making necessary reports accroding to the requirement of the organisation.
On the other hand knowledge managment systems are the systems which is used to store the information of the organistion or even anything might be personel also. This systems stores data init and using business intelligence tools we will get/retrieve the data from this system.
And the expert systems are the systems which actually work like the human experts / human brains. it is mainly used for the decision making purpose using artificial intelligence. This redues the risk of making human errors in anything.
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