PressPass: People talk a lot about “business intelligence.” What’s happening on that front?
For example, new analytical technologies make it possible to mine audio and video streams for relevant data that can be used to extend the power of traditional business intelligence tools. Today visualization applications can help users see patterns in complicated environments at a glance. And as computers continue to become more powerful and software more sophisticated, we’re seeing the emergence of affordable simulation solutions that can mimic complex systems—both natural and manmade—enabling companies to test theories and more accurately assess risks and opportunities without committing significant capital and employee resources.