Data Intelligence

Data intelligence may sometimes be mistakenly referred to as business intelligence. Although there are some similarities between these two terms, there are also some key differences. Data intelligence focuses on data used for future endeavors like investments. Business intelligence, on the other hand, is the process of understanding a business process and the data associated with that process. Business intelligence involves organizing, rather than just gathering, data to make it useful and applicable to the business's practices.

One type of business intelligence involves gathering online data from customers based on the types of social media e-commerce and merchant records available about them. Companies use this data to make sure their customers will be satisfied and keep coming back to them for services.

Privacy concerns can sometimes arise as a result of data intelligence gathering. Customers or clients may not want the companies they support to be eavesdropping on their personal online habits or get information about them from social networking sites.