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The Role of Competitive Intelligence in Business Development

The Role of Competitive Intelligence in Business Development

Augustas Pelakauskas

2023-09-211 min read

Businesses increasingly prefer data-driven decision-making, leaving intuition-based decisions to lesser tasks. Today, artificial intelligence (AI) can locate and extract data from unstructured sources with nearly 95% accuracy. And yet, most organizations struggle to analyze the ocean of data they collect, as nearly 90% of data is unstructured or has no defined schema.

With competitive intelligence (CI), businesses can connect data collection and analysis capabilities into a single system bringing all the existing know-how and adopting it in-house.

CI practices yield a range of transformational changes that fuel growth with areas of impact found at all levels of an organization.

Download this white paper for free to get to know the CI processes, application scenarios, and their impact on business development.

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The Role of Competitive Intelligence in Business Development


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The Role of Competitive Intelligence in Business Development

What to expect from this white paper?

In this whitepaper, you’ll find out the following nuances of CI:

  • Meaning and importance

  • Areas of impact in business development

  • Tools and processes

  • Use cases in business spheres

  • Benefits and risks

Explore other topics covering public web data collection detailed in Oxylabs’ white papers.

About the author

Augustas Pelakauskas

Senior Copywriter

Augustas Pelakauskas is a Senior Copywriter at Oxylabs. Coming from an artistic background, he is deeply invested in various creative ventures - the most recent one being writing. After testing his abilities in the field of freelance journalism, he transitioned to tech content creation. When at ease, he enjoys sunny outdoors and active recreation. As it turns out, his bicycle is his fourth best friend.

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