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Challenges when innovating smart, connected devices

Jeffrey Phillips

I've been struck by the importance of two rapidly converging forces - digital transformation and new product innovation. As we've discussed, here and elsewhere, ad nauseam, there is increasing demand for new products and services, making stretching the capacity of tenuous innovation processes and teams.

Data 142
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Unit Economics: How to Calculate CAC & LTV – It Depends

IM Insights

The aggregate or business level doesn’t help when the product is still being developed, Product/Market-Fit is not yet established, a profitable channel is still to be determined, and so on. (11:00) 15:00) CAC over LTV is fundamental to understanding product performance and analysing specific customer segments.

How To 52
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What Is Business Intelligence?

Collective Innovation

Focus groups are also an important avenue to have an open conversation about new products, brand perception and advertising. An engaged social media is an incredible tool to learn about customers needs and problems. Knowing your customer means also knowing how they really feel about the company. Intelligent Business Decisions.

Survey 40