article thumbnail

You need a red team, not a red pill

Jeffrey Phillips

Red teams and blue teams originate from the military, where one team takes on the role of an attacker or proposes a strategy and another team seeks to disrupt or destroy the strategy. But only using the defined scope, the research and insights, the same data and the list of assumptions from the blue team.

article thumbnail

Artificial Intelligence: Disruption or Opportunity?

Daniel Burrus

IBM Watson first shot to fame back in 2011 by beating two of Jeopardy’s greatest champions on TV. The data gleaned from the fourth most-used mobile app would whet the appetite of the permanently ravenous IBM Watson and enable IBM to increase the level of analytics for its business clients. appeared first on Daniel Burrus.

Insiders

Sign Up for our Newsletter

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

article thumbnail

When Disruption Becomes Destructive: How Can Financial Services Companies Close the Innovation Gap?

Qmarkets

These banks recorded 58% growth between 2011 and 2016, a staggering number – that is until you review the performance of the industry’s newer entrants. They develop artificial intelligence and machine learning capacities, meet the need for stronger data security and fraud prevention, and comply with regulatory requirements.

article thumbnail

Innovation Insights from Jeff Bezos and Amazon

Destination Innovation

Sales leapt from half a million dollars in 1995 to $17 billion in 2011. After the dot.com crash in 2000 Amazon found itself with excess IT capacity in its data centres. Disrupt your own business before someone else does. Bezos diversified his product range first with CDs and videos followed by electronic goods, toys and clothes.

article thumbnail

Options-based Strategy: An Approach for Uncertain Times

The Inovo Group

By 2011, they had several established stores in the Washington DC area and were ready to expand. In 2011, customers were saying “Wow. This meant investing heavily in data analytics, the Sweetgreen mobile app, and platforms for ordering and delivery. New, data driven ecosystem of delivered food convenience. Transparency.

article thumbnail

Spotting Innovation Opportunities

ITONICS

Disruptive technologies or innovations boost new business models that change the game of existing industries like the space industry (SpaceX), the music industry (Spotify), the film industry (Netflix) or the banking sector (FinTechs), just to name a few. Is there a pattern for disruption & breakthroughs?

article thumbnail

7 Things Every CEO Should Know About Their Patents

Anaqua

We are awash in data – beyond our capacity to absorb and integrate intelligently. Even in the most extreme cases where there is a perfect intersection of data, analytics, valuable metrics, and huge incentives to utilize and optimize, we see both surprising catastrophic failures, and stunning opportunites in markets. End of 2011 $1,578.

Roadmap 40