Converting Raw Data into Actionable Intelligence

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Intelligence is not just information. It is knowledge that has been specially prepared for a specific business need. Most of the professional are involved in data production and fancy representation, not intelligence. Here comes the expertise in converting the raw data into actionable intelligence.

Analyzing technical intelligence, the key to the success of any business, involves putting the collected information into valuable contexts. This helps the decision makers in building critical business decisions. The first and most important step is selecting the right analytical framework. Next, analyzing the collected information through various qualitative and quantitative techniques. These can be used in creating scenarios as tools to anticipate future technologies.

Further, detection of the antecedents of substitution and indicators of ‘disruptive technologies’ can be used for technology forecasting. Computer aided pattern assessment techniques, e.g., knowledge clusters, literature content mapping, and company relationships are most common.

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