The BMI Lab Blog
NOVEMBER 23, 2022
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.
Destination Innovation
JANUARY 29, 2016
Babolat makes tennis racquets whose sensors can send data which allows analysis of your tennis strokes, giving the company the opportunity to offer coaching services. John Deere supplies agricultural equipment which can receive and sense data on weather and soil conditions to as to advise on when and where to sow seeds.
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hackerearth
APRIL 25, 2018
The patients used monitoring devices at home to send medical data to the clinic, which used special software to identify patients who needed interventions. Health data is being migrated to the cloud instead of being stored on paper or on immovable digital records. This reduced the frequency of unnecessary hospitalizations.
ITONICS
APRIL 26, 2018
Services that aggregate and analyze data through intelligent technical systems or platforms to create customer value are called smart services. This perspective describes the data and the respective analytics a smart service is built upon. The first step is the acquisition of relevant raw data from the different context sources.
Innovation 360 Group
JULY 5, 2018
A number of scientists had developed a piece of open software, Cytoscape. This caught our attention, and we started to experiment with this software and grounded theory, in order to analyze the huge amount of data that we were collecting as part of a highly complex assignment.
hackerearth
MARCH 31, 2017
The talent management and performance review processes are certainly not what we’d refer to as all in a day’s work. The event held in San Francisco in 2014 drew over 100 professionals collaborated to come up with solutions to improve employee engagement. Wipro held an internal hackathon for its employees in June 2014.
ITONICS
MAY 14, 2018
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.
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