The aim of this paper is to highlight the importance of Business Intelligence (BI) for optimal strategic decision making and, on the long term, for business innovation and competitive advantage. The Business Intelligence System aims at identifying and gathering strategic information from outside and inside the company and communicating it to key stakeholders. It is aimed at the Machine-Tool industry, but it could be applied to other industries where competition is high. The implementation of a BI system will be explained through the development of two competences: component competence and architectural competence.
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