article thumbnail

9 Biggest Big Data Mistakes Every Company Should Avoid

Acuvate

9 Biggest Big Data Mistakes Every Company Should Avoid The success from Big Data and data analytics initiatives for a lot of traditional companies has been restricted to only small parts of their business. A huge impact through big data projects is something that not many have been able to achieve.

Big Data 128
article thumbnail

Big Data in Open Innovation

Yet2

Using Big Data in our own scouting activities has been an investment we’ve been making over the few years. To help make this intangible concept feel a little more real, below we share just 3 examples of how we at yet2 leverage Big Data in our scouting: Starting with unique, quality datasets: avoid “garbage in, garbage out.”

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Propel Your Innovation Strategy into Overdrive with Big Data

IdeaScale

Big data has been a foundation of innovation ever since the first suggestion box was put out. Since then, the data set has only kept growing, until now you can filter thousands or even millions of data points. How do you effectively use big data to drive innovation? Collect Only Relevant Data.

Big Data 157
article thumbnail

Infoxication: Why Big Data is the solution

mjvinnovation

Here, let’s reflect on Infoxication at the business level, which has to do with the concept of Big Data, as we will see throughout this article. Find out how your business can take advantage of this phenomenon and how to deal with Big Data in a profitable way and more! As you saw, the problem is a given.

article thumbnail

How a Big Data Strategy Can Fight Insurance Fraud

mjvinnovation

At the same time, insurers have also understood that they need a Big Data strategy for various purposes. Continue reading and understand how Big Data can help insurers avoid headaches and financial damage! What is Big Data. ” Real Time Big Data. ” Real Time Big Data.

article thumbnail

Big Data Project for Heart Health

IdeaConnection

From predicting epidemics and helping to cure diseases to improving quality of life and identifying drug targets, big data is driving healthcare innovation forward. To capitalize on this potential, a new open innovation project has been launched to help improve heart health diagnosis. World’s Largest Heart Health Initiative.

article thumbnail

Understanding Big Data to Improve Healthcare Delivery

IdeaConnection

The New Jersey Hospital Association in the USA has launched a data and informatics center that will use big data analytics techniques to identify and address gaps in healthcare for New Jersey’s citizens. We can then support the design of solutions that address the foundation of the problem, rather than the symptoms.”