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Will big data solve the innovation gap?

Jeffrey Phillips

The gap is real, and it means that many companies aren't as profitable or as competitive as they'd like to be. Lately, with the advent of "big data", machine learning and other factors associated with data and more intelligent processes, the argument has been made that these capabilities will solve the innovation gap.

Big Data 170
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Recognizing the Building Blocks of Innovation

Paul Hobcraft

In frameworks and mechanisms , my favourite has always been the three horizons , followed by ideation platforms and contests, innovation centres, labs and accelerations, ambidextrous growth ( explore and exploit ), taking principles of disruptive innovation and staged and venture funding approaches. Open Innovation 2.0 (or

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Top 5 Myths About Data Analytics You Should Stop Believing

Acuvate

Data Analytics in Business. According to Stastia , the global big data market is forecasted to grow to 103 billion U.S. While data analytics helps companies make informed decisions and gain a competitive edge, misconceptions surrounding it can hamper its impact. But you cannot be further from the truth.

Data 80
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The 2020 CIO: Predictions and Insights

Acuvate

The modern CIO is tasked with creating business value with technology, developing innovative solutions, driving implementation of new and emerging technologies, adopting AI, taking on cloud transitioning for the enterprise, addressing big-data challenges, and more. Technology changes (or rather evolves) at a disruptive pace today.

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Digital Transformation: why be a data company

mjvinnovation

Nowadays, a company that has already taken on digital transformation as a strategy manages to understand and analyze market trends with the help of Big Data services and tools. . Big data is the perfect tool to get a view of your customers. This strengthens competitiveness at a much higher level.

Data 40
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Top 10 CPG Industry Trends For 2020

Acuvate

With the rise in consumer awareness, CPG companies have broken out of conventional market strategies and adopted disruptive methods to capture business. Using Big Data and Advanced Analytics. Big Data and advanced analytics opens the floodgates of opportunities for CPG companies to use data to their benefit.

Trends 72
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Open Insurance: what it is and how it works

mjvinnovation

The emerging term in the insurance industry, Open Insurance basically refers to providing services and data to partners, communities and startups, in order to create new services, applications and innovative/disruptive business models. What is the relationship between Open Insurance and Open Innovation?