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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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Vision: the superpowers of Machine Learning

mjvinnovation

Created by Tony Stark, the android is such an advanced artificial intelligence that it has awakened self-consciousness in the events of Avengers: the Age of Ultron. In our Data Science universe, it represents Machine Learning. Machine learning is nothing more than a model of data analysis.

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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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The future interplays between design thinking, technology and AI

Paul Hobcraft

This shift has prompted innovation to develop tools and design approaches that support these changes in several critical ways based on four global aspects: Learning from real-time data : Traditional analytics models and past performance data may not be entirely relevant in today’s ever-changing business landscape.

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The What, Why and How of Trade Promotion Forecasting

Acuvate

This is a key component in deriving the best possible return on investment done on marketing and trade promotional activities. A large majority of the companies are still dependent on Legacy Systems, Sales and Operations Planning (S&OP) applications, integrated Enterprise Resource Planning (ERP) and homegrown trade promotion solutions.

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Infographic – 5 trends that will revolutionize the energy market in the next few years

mjvinnovation

Is your company aligned with the new direction that the energy market is heading towards? Energy market: the future is knocking. But it is not immune to changes that may require a fresh look at today’s existing business models. The 5 technologies that will revolutionize the energy market in the coming years: 1- Blockchain.

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Journal Article: Big Data in Innovation Management

ITONICS

How machine learning is revolutionizing the search for trends and technologies. In this research project, ITONICS is actively involved in the development of an automated environmental scanning system for SMEs. Large amounts of data are available for this purpose, from which the relevant information must first be filtered out.