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Competition analysis

The use of AI for competitive analysis goes further than automating the process of collecting, organizing, and communicating information regarding your competition.

AI-driven competitive analysis tools augment the data being collected in a number of different ways, providing valuable insight: 

  • The data is exhaustive 
  • The data collected is now real-time
  • It adds context to the data collected: the data is meaningful
  • The data is associated with a sentiment 

Competition analysis is crucial to:

  • Keep track of trends in an industry 
  • Identify opportunities for growth
  • Act on incoming intelligence and data in a way that will make an impact on your industry