BHUBANESWAR: Annual IT summit of
Xavier Institute of Business Management (XIMB) ‘Envision 2013’ began from Friday.
On the first day of the three-day long national-level summit, four eminent
personalities from business sector talked about ‘Business Intelligence: The Next
Ruler of IT’ to give a broader perspective to the amalgamation of business and IT
intelligence to grow in the present situation of the global market.
Attending the summit, Global
Operations Director at HCL Technologies Prof Debasis Dash said the organisation’s
next biggest asset apart from people is data and valuable amount of information
which can be analysed by business intelligence (BI) for the growth of the
organisation.
Another speaker Head of Business
Intelligence and Analytics of TCS Prakash Sah defined the term BI in three
simple terms as sense, analyse, respond and provided various industry examples
regarding this revolutionary phenomenon.
Country General Manager
of Hewlett-Packard Sashikant Mohanty said business intelligence is a big tool
to enhance business and especially it helps when the company wants to expand
its business further. BI helps the company to analyse the customers’ choice,
buying capacity and other information before the company begins its operation,
he added.
Among others, CEO and MD
of KalingaSoft Srijat Mishra and moderator Deepak Mishra stressed on the dire
need of collaboration and connectivity of information for facing the challenges
faced by the IT sector and the business domain.
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