Integration: Knowledge Management and Business Intelligence

As business competition intensifies and the market environment becomes increasingly complex, more and more enterprises learn to make use of Knowledge Management (KM) and Business Intelligence (BI) in order to improve corporate decision-making capacity and efficiency. However, there is still not a unified view for the concept of KM and BI and the relationship between the two in academia and the business world, which may bring about confusion and errors in theory study and application. this paper is trying to provide a thorough analysis of the differences between BI and KM and to establish a framework for relating one field to the other. And it comes to a conclusion that in business management and decision-making process, both BI and KM must be effectively integrated to give full play to their complementary functions.