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What is Market Intelligence

Handbook of Research on ICTs and Management Systems for Improving Efficiency in Healthcare and Social Care
Continuous production of knowledge, from data and information, allowing an organization to solve problems and gain strategic competitive advantage.
Published in Chapter:
A Design Framework for a Market Intelligence System for Healthcare Sector: A Support Decision Tool in an Emergent Economy
George Jamil (IN3, Belo Horizonte, Brazil), Lorena Furbino (IN3, Belo Horizonte, Brazil), Leandro Santos (IN3, Belo Horizonte, Brazil), Marcus Alves (IN3, Belo Horizonte, Brazil), Rafael Santiago (IN3, Belo Horizonte, Brazil), and Silvia Loyola (IN3, Belo Horizonte, Brazil)
DOI: 10.4018/978-1-4666-3990-4.ch014
Abstract
The healthcare market is a dynamic sector, where marketing decisions are decisive and critical. Strategic and tactical planning demand data and information to produce knowledge, which will capacitate firms for business maneuvers as product positioning, pricing, and technological implementation for optimal business development. Marketing data and information must be provided from a variety of sources to produce knowledge, in a process that can be characterized as “organizational intelligence.” Collected contents from healthcare associated industrial sectors, such as chemical and pharmaceutical, have the potential to produce integrated value chain knowledge, improving analysis and decision processes. Approaching the healthcare market, a framework for an intelligence system for marketing decisions is discussed in this chapter. Initially reviewing the literature, a conceptual base is formed, which delimits the evaluation of intended framework. As an exam of practical marketing intelligence system application, case studies of real decisions observed in Brazilian market are done at the end of the chapter to evaluate how intelligence and knowledge, as conceptualized in the literature review, serve in typical healthcare marketing competition, as managerial support for problem solutions.
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More Results
A Design Framework for a Market Intelligence System for Healthcare Sector: A Support Decision Tool in an Emergent Economy
Continuous production of knowledge, from data and information, allowing an organization to solve problems and gain strategic competitive advantage.
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Competitive Intelligence and Technology Watch From Patent Information to Leverage Innovation
Data and information collected by commercial and industrial organizations about their competitive environment to support good decision making. Makes possible to compare our market share with our competitors and take actions to maintain or improve that share.
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Competitive Intelligence from Social Media, Web 2.0, and the Internet
Data and information collected by commercial and industrial organizations about their competitive environment to support good decision making. Makes possible to compare our market share with our competitors and take actions to maintain or improve that share.
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Implementing and Managing an Information Strategy Project: The Case of a Real Estate Broker Organization
Data and information collected by commercial and industrial organizations about their competitive environment to support good decision making. Makes possible to compare our market share with our competitors and take actions to maintain or improve that share.
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Connecting the Dots: Harnessing OpenStreetMap for Big Data Analytics and Market Insights
It refers to the systematic gathering and analysis of relevant information related to a specific market or industry.
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Improving Competitiveness Through Organizational Market Intelligence
A continuous organizational process that intends to produce knowledge for strategic marketing planning, collecting data from a value-aggregate chain, validating, processing and communicating the final results in a standardized way.
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Improving Competitiveness Through Organizational Market Intelligence
A continuous organizational process that intends to produce knowledge for strategic marketing planning, collecting data from a value-aggregate chain, validating, processing and communicating the final results in a standardized way.
Full Text Chapter Download: US $37.50 Add to Cart
Approaching Information Architecture for a Market Intelligence System Based on Emerging Technologies
A cyclic process to provide knowledge from collected data and information in one productive array, for strategic marketing decisions.
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Strategic Information Management: Implementing and Managing a Digital Project
Data and information collected by commercial and industrial organizations about their competitive environment to support good decision making. Makes possible to compare our market share with our competitors and take actions to maintain or improve that share.
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Information Strategy: Implementing and Managing a Digital Strategy in a Portuguese Company
Data and information collected by commercial and industrial organizations about their competitive environment to support good decision making. Makes possible to compare our market share with our competitors and take actions to maintain or improve that share.
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Market Intelligence
A continuous organizational process that intends to produce knowledge for strategic marketing planning, collecting data from a value-aggregate chain, validating, processing and communicating the final results in a standardized way.
Full Text Chapter Download: US $37.50 Add to Cart
Information Quality and Value
Data and information collected by commercial and industrial organizations about their competitive environment to support good decision making. Informs organizations about what products develop, for what customers, at what cost, through which distribution channels, reducing the uncertainty that a new product/service development always brings with it. Makes possible to compare our market share with our competitors and take actions to maintain or improve that share.
Full Text Chapter Download: US $37.50 Add to Cart
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