Remove 2021 Remove Big Data Remove Competition Remove Innovation
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Social Networks and Big Data: the best strategy for getting to know your customers

mjvinnovation

This is because the volume of daily data produced in these virtual environments is a real gold mine for companies prepared to prospect for it. Keep reading to understand how you can benefit from the combination of Social Networks + Big Data. Social Networks: the gold mine of data. And Big Data is the tool for the job. ?

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Recognizing the Building Blocks of Innovation

Paul Hobcraft

I finished my last post, “ Are we EVER going to embrace innovation? ” With the argument, we need to change the innovation narrative and significantly update the innovation approach and processes to meet today’s and tomorrow’s business challenges. The need today is not to dispense with this but to link it fully up.

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4 Emerging Technologies Impacting Today’s Digital Transformation

Acuvate

In fact, the International Data Corporation anticipates the total amount spent on digitalization globally will surpass $2.1 trillion by 2021. 4 Big Data. Data itself is a familiar concept, but the amount of data created since the beginning of the digital age has transformed the way we use it.

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Applications and innovations in the Internet of Things (IoT)

hackerearth

The Industrial IoT (IIoT), also known as the industrial internet or industrie 4.0 , employs big data technologies and machine learning to exploit machine-to-machine (M2M) communication, sensor data, and automation technologies that are already in place. Industrial IoT.

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Jobs to be Done: what is it, and how is it used to analyze customers

mjvinnovation

The concept was widely spread by Clayton Christensen, a professor at the Harvard School of Business, and is considered the father of disruptive innovation. Understanding the market and the competition. > Speaking of strategy, we suggest reading our e-book: Strategic planning for 2021! The guide to the innovation process.

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Top 5 Digital transformation use cases for the BFSI industry

Acuvate

According to Forrester Analytics , in 2021, 76% of Spanish banking customers used their mobile banking app at least monthly, and 34% of UK online adults who applied for a loan in the past 12 months did their research on a smartphone. Digital and mobile banking building smarter customer service operations.

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Digital Transformation Use Cases in the Oil and Gas Industry

Acuvate

For the O&G industry, too, the potential benefits of going digital were plenty — cost savings, safer operations, increased productivity, and improved resiliency to weather the unpredictability and remain competitive amidst rising demand for alternative, environmentally-friendly energy sources.