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Smarter Homes - Opportunities in the Growing Home Automation Market

Wellspring

The burgeoning interest in this technology provides an opportunity that businesses can’t ignore - the smart home market is projected to be worth $292.43B by 2024 and the output of relevant intellectual property continues to grow year over year (Figure 1). Source: Wellspring for Tech Scouting Data.

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First-Mover or Fast-Follower: Which is the right innovation strategy for you?

Idea to Value

What makes more sense: To be the first player in a brand new market, able to be the first (or only) company which customers buy from? To wait until other companies have proven there is a market for a new offering, and then quickly develop and scale your own? This can require significant marketing and sales effort to change.

Strategy 257
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Insurance and Data Value

Information Playground

Several weeks ago I started a series of blog posts introducing five different types of data valuation business processes. For example, data valuation can occur.during Mergers and Acquisitions. A great example of a company that turned data into revenue is 23andMe.in part of asset valuation during a bankruptcy.

Data 28
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The Arrival and Potential of Knowledge Graphs into Our World

Paul Hobcraft

If only we can get them prised out of the engineer, data scientists, or software experts hands. That works to a point but all our internal organization data is not on the web, it still sits in silos. Google, a leader in AI introduced in 2012 “Knowledge Graphs”. Today we have always struggled with where our knowledge lies.

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3 main takeaways from the 2nd Summit for Democracy in the Republic of Korea

Christensen Institute

In The Prosperity Paradox , we write about South Korea’s investment in market-creating innovations which transform complicated and expensive products into simple and affordable ones. In short, corruption is winning, according to the data available. Their commitment to progress and prosperity, anchored in innovation, was palpable.

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Value Shift: From Products to Data

Information Playground

'How much is Big Data worth? My keynote focused on the emerging area of  enterprise data value. I began with a quote from a recent  Big Data report  by Capgemini and EMC. One starting point to getting your hands on data value is by converting your existing product to a “smart” product that generates data.

Data 28
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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. billion ($2.9

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