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Could Artificial Intelligence Contribute to Open Innovation?

Yet2

DALL·E 2 , an AI system that creates realistic images and art from a description in natural language. As innovation experts we strive to innovate our own processes, recently we shared our advances in ‘big data’ analyses in our blog and here we begin to delve into the possibility of using AI as an open innovation tool.

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The future interplays between design thinking, technology and AI

Paul Hobcraft

By embracing Design Thinking principles differently in the future of innovation, organizations can foster a more profound culture of creativity, empathy, collaboration, and user-centricity. This involves moving computing power, data storage, and decision-making to the edge of operations.

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Recognizing the Building Blocks of Innovation

Paul Hobcraft

The tool and techniques that stand out for me, in their contribution, value and my use have been, in no specific order, cover the jobs-to-be-done , ten types of innovation, crossing the chasm , blue ocean, business model canvas and value proposition canvas, building core competencies , lean start-up, agile and design sprints.

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6 Remarkable Applications of AI in the Oil & Gas Industry

Acuvate

Consequently, like every other sector, O&G is exploring the vast potential of Artificial Intelligence (AI) applications to increase productivity, boost security, enhance equipment availability, maintenance, and uptime, and enable sustainable operations. This data repository is analyzed by AI algorithms in real time.

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Top 5 Myths About Data Analytics You Should Stop Believing

Acuvate

Data Analytics in Business. According to Stastia , the global big data market is forecasted to grow to 103 billion U.S. If you are an organization set out to embrace data analytics, here’s a list of the top 5 myths you need to be aware of. Myth 1: Only large companies with big data need data analytics.

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How Inovation Affects Leadership and Reskilling: Industry 4.0 Case

Idea to Value

Going forward, access to 5G will give companies the freedom to experiment with everything from connected systems in the IoT environment, with smart devices that can proactively monitor and report on their own performance. 5G will even pave the way for real-time communication and better collaboration in distributed workforces.

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Smart Factory 101 A Data, AI, Cloud and Workforce Revolution in the Making

Acuvate

Productivity, labour costs, and product quality have benefited from the fixed automation and basic control systems used in traditional factory automation. With the help of IoT, equipment, devices, and systems may exchange and monitor data in real time through improved connectivity.

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