Tuesday, 02 January 2024 12:17 GMT

AI-Enhanced Competitive Intelligence Key To Secure Market Position In 2025, Says Info-Tech Research Group


(MENAFN- PR Newswire) The firm's guide also addresses common barriers such as budget limitations, reliance on outdated or inaccurate data, and the lack of consistent processes for storing and sharing intelligence. Info-Tech suggests a structured approach for IT and business leaders to define their unique CI requirements, identify a shortlist of vendors, and prepare for implementation.

"Organizations that focus solely on feature lists risk missing the factors that truly drive competitive advantage," says Joanne Correia , a principal research director at Info-Tech Research Group. "As the CI selection guide outlines, by prioritizing the right data sources, practical usability, and outputs that map directly to business goals, leaders can select a CI platform that supports both immediate needs and future growth."

Info-Tech's guide also examines the key trends shaping the CI software market, including AI and machine learning for automation and predictive insights, increased reliance on social media and online data, cloud-based solutions for scalability and collaboration, and a heightened focus on cybersecurity and compliance.

How to Select the Right Competitive Intelligence Software
Info-Tech's Competitive Intelligence Software Selection Guide outlines the key challenges that organizations face, which include limited resources for CI staff, large volumes of outdated or inaccurate data, ineffective processes for sharing insights, and missed opportunities that slow growth and reduce market share.

The firm's resource introduces a three-phase methodology for CIOs to ensure that IT and organizational leaders align on objectives, evaluate solutions against high-value use cases, and guide the selection of a platform that delivers measurable outcomes:

  • Phase 1 – Understand CI Software Capabilities and Trends
    The first phase is to establish the foundation, which includes defining what CI software is, reviewing both standard and differentiating features, and examining market trends such as AI-driven automation, the use of social media data for monitoring, the shift to scalable cloud solutions, and the integration of advanced cybersecurity. This stage typically involves CI leads, product or marketing managers, and key contributors from IT and strategy teams. The goal is to reach agreement on the software's scope, must-have capabilities, and top-level use cases.
  • Phase 2 – Define Requirements
    In the second phase, the core selection team, which often includes those involved in Phase 1, identifies requirements related to the organization's highest-value use cases. This step centers on completing Info-Tech's CI Vendor Evaluation Workbook, which can also support RFI, RFQ, or RFP processes to ensure vendors submit targeted and relevant responses. The result is a clear, organization-specific set of criteria for evaluating potential solutions.
  • Phase 3 – Select a Vendor
    The final phase sharpens the focus on the shortlist, where the selection team conducts structured demos with top candidates that also serve as investigative interviews. Info-Tech recommends limiting demos to four vendors, using a scripted scenario based on high-value requirements, and challenging vendors to adapt visualizations, modify datasets, or test collaboration features on the spot. This approach keeps the evaluation grounded in real-world needs while avoiding "vendor glitz and glamour shows." The phase ends with making the final selection, planning the implementation, and, if necessary, using the firm's contract review services to assist with negotiation.

By following this structured approach, organizations can ensure their CI investment delivers measurable business outcomes. The resource includes supporting resources, such as analyst insights and contract review considerations, to help teams make informed vendor decisions.

For exclusive and timely commentary from Info-Tech's experts, including Joanne Correia, and access to the complete Competitive Intelligence Software Selection Guide , please contact [email protected] .

About Info-Tech Research Group
Info-Tech Research Group is one of the world's leading research and advisory firms, serving over 30,000 IT and HR professionals. The company produces unbiased, highly relevant research and provides advisory services to help leaders make strategic, timely, and well-informed decisions. For nearly 30 years, Info-Tech has partnered closely with teams to provide them with everything they need, from actionable tools to analyst guidance, ensuring they deliver measurable results for their organizations.

To learn more about Info-Tech's divisions, visit McLean & Company for HR research and advisory services, and SoftwareReviews for software buying insights.

Media professionals can register for unrestricted access to research across IT, HR, and software, and hundreds of industry analysts through the firm's Media Insiders program. To gain access, contact [email protected] .

For information about Info-Tech Research Group or to access the latest research, visit infotech and connect via LinkedIn and X .

SOURCE Info-Tech Research Group

MENAFN12082025003732001241ID1109919962

Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.

Search