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KIROI - Artificial Intelligence Return on Invest
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Business excellence for decision-makers & managers by and with Sanjay Sauldie

KIROI - Artificial Intelligence Return on Invest: The AI strategy for decision-makers and managers

KIROI - Artificial Intelligence Return on Invest: The AI strategy for decision-makers and managers

Start » Unleashing Data Intelligence: KIROI's Step 3 to Big & Smart Data
29 January 2025

Unleashing Data Intelligence: KIROI's Step 3 to Big & Smart Data

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Data intelligence is an indispensable skill for companies that want to succeed in the digital world today. The focus is on how valuable information can be extracted from large and heterogeneous data sets. Companies are particularly supported in transforming Big Data and Smart Data in the KIROI Step 3. With this approach, significant added value is opened up in the analysis, control, and optimisation of a wide range of processes.

Data intelligence: from data flood to strategic benefit

The reality for many companies reveals an enormous amount of data from a wide variety of sources: systems provide transaction data, IoT devices generate sensor data, and customer interactions are digitally documented. This sheer volume of data is referred to as Big Data. Its analysis is often complex and resource-intensive. This is where data intelligence comes in, by ensuring that Big Data is transformed into Smart Data – i.e., high-quality, relevant information that supports the company. This allows decision-makers to gain precise insights and receive recommendations for action.

A typical example is a manufacturing company that uses sensor data from machines. Data-intelligent algorithms can detect anomalies early and plan maintenance in a targeted manner. This reduces downtime and lowers costs. Another example can be found in retail: by analysing purchasing patterns, personalised offers can be developed that increase customer satisfaction and sales. In the financial sector, data intelligence is also used to detect fraud by identifying irregular patterns in transaction data.

The particular challenge lies in preparing the data in such a way that it is not only technically accessible but also understandable and usable by all relevant areas of the company. This is where the shift towards a data-driven corporate culture occurs. Modern technologies such as Artificial Intelligence (AI) and machine learning help to recognise patterns and create forecasts that make decisions more informed.

KIROI-Step 3: Practical support to success with data intelligence

Within the scope of the support offered by the KIROI approach, Step 3 signifies the active unlocking of data intelligence. In this step, teams are supported in critically analysing existing data sets and transforming them into valuable insights. The focus is on integrating technologies and methods to leverage Big Data potential and embed it into smart business processes.

In practice, this approach works across industries: A logistics company was able to optimise route planning using data-driven methods by linking traffic data, vehicle conditions and delivery priorities. This led to shorter delivery times and significant cost reductions. At the same time, an insurance agency benefited by better assessing customer risks using data-based precision analyses and thus offering more individualised policies. A service company, in turn, uses data intelligence to automatically evaluate customer inquiries and manage service offerings more effectively.

BEST PRACTICE with one customer (name hidden due to NDA contract) Here, we supported a medium-sized machine manufacturer. Data-intelligent solutions were used to systematically evaluate sensor data from production facilities, enabling real-time preventive maintenance. The result: significantly higher equipment availability and lower downtime costs.

How companies can implement Data Intelligence in practice

Technological foundations are the prerequisite for data intelligence to reach its full potential. These include automated data integration, data quality assurance, and the implementation of AI-driven analysis tools. Additionally, data governance and transparent processes play a central role in ensuring data can be used securely, comprehensibly, and effectively.

An example from the retail sector illustrates how personalised marketing campaigns can be realised through intelligent data selection. Segmenting customers based on purchasing behaviour and preferences leads to more targeted offers and improves customer loyalty. The manufacturing industry also benefits from permanent monitoring of production lines through data intelligence, enabling flexible adaptation to market demands. Finally, providers of financial services use predictive models to identify potential payment defaults early and derive individual measures.

KIROI Step 3 provides the impetus to use the right tools effectively, empower employees, and optimise processes step by step. This is how companies develop sustainable data literacy, supplying all decision-making levels with reliable information.

My analysis

Data intelligence is not an end in itself, but a strategic lever. It transforms complex data sets into clear insights that make companies more efficient, agile and innovative. The third step in the KIROI process demonstrates how practical and motivating this approach can be. Those who adopt this approach lay the foundations for staying ahead of the competition and tackling future challenges with greater strength. Personal guidance and targeted support help to establish data intelligence effectively and embed it sustainably.

Further links from the text above:

What is data intelligence and what does it mean? [1]

Data intelligence - big data and smart data for decision-makers [7]

What is data intelligence? [4]

For more information and if you have any questions, please contact Contact us or read more blog posts on the topic Artificial intelligence here.

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