We won pretty handedly in Afghanistan and Iraq and we had bad intelligence. We were flat out wrong about a number of things, yet we prevailed..
I think equating it to war fighting is a little naive and an over simplification. There is strategic and tactical war intelligence and there are real historical examples of them making the difference, no disputing that. But today, especially for the United States and most other g7 type nations, it's a communication channel for things that it's unpopular to communicate, don't under estimate this. Could any military in the world practice without the modern intelligence gathering that all these nations have? Also regarding any negotiation for anything, knowing when the other side is bluffing or telling the truth is huge, it's everything. Those powerful nations routinely ask/demand other nations to do things, stop doing things, etc.. Information is incredibly powerful in those discussions and these aren't commonly war related things.
Whether or not we need it, I don't know, I seriously doubt it would change the results of most wars though. Another world war? It could be decisive but with the global economy I think just about every body capable for world warring has too much invested and to risk to let that happen.