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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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Key Issues in Innovation Management – Revisited – Part 2

Tim Kastelle

On top of this, from an incumbents’ point of view, there are legitimate reasons for rejecting a new technology. But incumbents would be willing to make changes if a new technology proves to be truly disruptive and the long-term benefits are worth it. Digital Transformation. Even fewer are actually investing in them. (…).

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Top funds for innovative ideas and startups: Asia — India

hackerearth

Big companies are relying on mergers and acquisitions, joint ventures, and licensing, with huge funds set aside to grow and consolidate, for continuous and disruptive innovation. Source: Stanford Social Innovation Review. It is an autonomous body of the Department of Science and Technology (DST). Part 1: India. Read more here.)

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A new value chain for next-generation mobility

Corporate Innovation

In my book, The Big Data Opportunity in Our Driverless Future , I make two arguments: 1) that societal and urban challenges are accelerating the adoption of on-demand mobility, and 2) technology advances, including big data and machine intelligence, are making Autonomous Connected and Electrified (ACE) vehicles a reality.

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7 Habits of Highly Innovative Companies

ITONICS

In their turn, startups will benefit from a generous financial support for their pitched ideas and an access to the global network of experts and customers of Daimler AG ( 40+ markets and a lot of industry knowledge and data). 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

Accelerating dynamics and pace of disruption in most industries, in particular triggered by the pervasion of new technologies, lead to decreasing life times of existing business models. Adapted from: https://nbry.wordpress.com/2014/06/27/massive-platforms-for-cocreation-the-new-normal-22/. Winner-takes-all dynamics play out.

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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.