The growing buzz for business intelligence has developed hand in hand with the ever increasing amounts of data being collected in every sector of the economy. Individual Business Intelligence (IBI) is the process of an Individual deriving insights efficiently through data analysis of self-accumulated data and inherited accumulated data to discover more about the individual, find trends, patterns and correlations and enable better decision making based on facts in order to improve the life of the individual.
Though the term business intelligence is sometimes a synonym for competitive intelligence (because they both support decision making), BI uses technologies, processes, and applications to analyze mostly internal, structured data and business processes while competitive intelligence gathers, analyzes and disseminates information with a topical focus on company competitors.
In many cases it’s the HR data that will be the last to get pulled into a data warehouse because of the sensitive nature of …