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Will big data solve the innovation gap?

Jeffrey Phillips

The gap is real, and it means that many companies aren't as profitable or as competitive as they'd like to be. Lately, with the advent of "big data", machine learning and other factors associated with data and more intelligent processes, the argument has been made that these capabilities will solve the innovation gap.

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Recognizing the Building Blocks of Innovation

Paul Hobcraft

In frameworks and mechanisms , my favourite has always been the three horizons , followed by ideation platforms and contests, innovation centres, labs and accelerations, ambidextrous growth ( explore and exploit ), taking principles of disruptive innovation and staged and venture funding approaches. Open Innovation 2.0 (or

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25 years of Innovation- how has it evolved? Has it been successful?

Paul Hobcraft

Harnessing the Power of Data and Analytics: The rise of big data and analytics has transformed innovation by providing unprecedented insights into customer behaviour, market trends, and competitive landscapes. This has created a more distributed and collaborative innovation ecosystem.

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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. While data analytics helps companies make informed decisions and gain a competitive edge, misconceptions surrounding it can hamper its impact. But you cannot be further from the truth.

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Digital Transformation Use Cases in the Oil and Gas Industry

Acuvate

While the COVID-19 pandemic has caused severe social, economic, and financial disruption across the globe, the oil and gas (O&G) industry seems to have been the hardest hit. The O&G sector suffered twin blows in the form of a severe demand disruption and a significant oversupply in the market.

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5 Ways FinTech Will Disrupt Your Company

Planview

Now, it promises to bring further disruption and fundamentally alter the way businesses grow, manage their finances and most importantly, meet the needs of their customers. Leveraging Big Data. The union of finance and technology has already caused disruption across markets and industries, and that trend is unlikely to go away.

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The 2020 CIO: Predictions and Insights

Acuvate

The modern CIO is tasked with creating business value with technology, developing innovative solutions, driving implementation of new and emerging technologies, adopting AI, taking on cloud transitioning for the enterprise, addressing big-data challenges, and more. Technology changes (or rather evolves) at a disruptive pace today.