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The characteristics of data-driven business model development and how to succeed

The BMI Lab Blog

The experience of recent years shows that companies often overestimate the value of their own data and their own ability to generate revenue from it. In practice, very few companies can establish a sustainable business model based on data. To start, we need to detail what a data-driven business model actually is.

Data 52
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7 Habits of Highly Innovative Companies

ITONICS

Even though it took 7 months for the founders to persuade Bosch leadership that their vision is doable, the startup developed a software with machine learning and analytics integrated within the networks of the retailer and the IoT application. Often, it’s due to the speed at which they can innovate and this has a lot to do with their size.

Company 57
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Key Innovation Issues for 2016 and Beyond

Integrative Innovation

Adapted from: https://nbry.wordpress.com/2014/06/27/massive-platforms-for-cocreation-the-new-normal-22/. Unpredictable environments : Inherently dynamic and unpredictable industries (such as technology, software, fashion or internet retailing) require experimentation without predefined goals, embedded in the operations, to increase variance.

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The Innovation-Driven Disruption of the Automotive Value Chain (Part 2)

Corporate Innovation

Because of problems such as pollution, climate change and loss of productivity due to long commute times, consumer attitudes towards car ownership and use are changing. Figure 1 shows the top 20 R&D spenders in 2014, based on data compiled by PwC, where we see (in red) that six of the top 20 companies are incumbent automotive OEMs.

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The Innovation-Driven Disruption of the Automotive Value Chain (Part 2)

Corporate Innovation

Because of problems such as pollution, climate change and loss of productivity due to long commute times, consumer attitudes towards car ownership and use are changing. Figure 1 shows the top 20 R&D spenders in 2014, based on data compiled by PwC, where we see (in red) that six of the top 20 companies are incumbent automotive OEMs.

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A New Way of Thinking About the Automotive Industry

Qmarkets

While cars have become increasingly more computerized, they are still relatively unintelligent, inefficient, and rarely connected to the Internet with no unifying platform that allows third party software to be run. Some of the biggest automotive companies are now taking notice and beginning to utilize this methodology.