Business Intelligence

ALSO CALLED: CI, eBusiness Intelligence, BI, EBI, Enterprise Business Intelligence, Competitive Intelligence, Business Knowledge
DEFINITION: In information technology, gap analysis is an assessment tool that helps identify the differences between the current condition and a desired state. A gap is sometimes called "the space between where we are and where we want to be." A gap analysis highlights which requirements are not being met and provides a foundation for measuring the investment of time, money and human resources that's required  … 
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BUSINESS INTELLIGENCE DEFINITION (continued): … In information technology, gap analysis is an assessment tool that helps identify the differences between the current condition and a desired state. A gap is sometimes called "the space between where we are and where we want to be." A gap analysis highlights which requirements are not being met and provides a foundation for measuring the investment of time, money and human resources that's required to achieve the desired outcome. In software development, for instance, a gap analysis can be used to document which services and/or functions have been accidentally left out, which ones have been deliberately eliminated and which still need to be developed. In compliance, a gap analysis can be used to compare what is required by law to what is currently being done. See also: risk analysis, business impact analysis, vulnerability analysis
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