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Recognizing the Building Blocks of Innovation

Paul Hobcraft

To look forward, I would argue we always need to look back and account for the progress made in managing innovation over the years. Lean Startup: This approach was about creating a minimum viable product (MVP) and testing it in the market to get customer feedback. The need today is not to dispense with this but to link it fully up.

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The future interplays between design thinking, technology and AI

Paul Hobcraft

This shift has prompted innovation to develop tools and design approaches that support these changes in several critical ways based on four global aspects: Learning from real-time data : Traditional analytics models and past performance data may not be entirely relevant in today’s ever-changing business landscape.

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Journal Article: Big Data in Innovation Management

ITONICS

How machine learning is revolutionizing the search for trends and technologies. Summary: Today, innovation management is an important instrument for companies to remain competitive and successful in rapidly changing markets. The post Journal Article: Big Data in Innovation Management appeared first on.

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Journal Article: Big Data in Innovation Management

ITONICS

How machine learning is revolutionizing the search for trends and technologies. Summary: Today, innovation management is an important instrument for companies to remain competitive and successful in rapidly changing markets. The post Journal Article: Big Data in Innovation Management appeared first on.

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Optimizing R&D Resources: Strategies for CTOs and Innovation Leaders

ITONICS

Between 2007 and 2022, corporate R&D spending grew with a CAGR of 5.2%, underscoring the importance of R&D in driving future growth and market differentiation ( Global Innovation Tracker, 2023 ).

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Infographic – 5 trends that will revolutionize the energy market in the next few years

mjvinnovation

Is your company aligned with the new direction that the energy market is heading towards? Energy market: the future is knocking. But it is not immune to changes that may require a fresh look at today’s existing business models. The 5 technologies that will revolutionize the energy market in the coming years: 1- Blockchain.

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The What, Why and How of Trade Promotion Forecasting

Acuvate

This is a key component in deriving the best possible return on investment done on marketing and trade promotional activities. Another issue specifically with legacy systems is that they contribute to internal fragmentation of trade marketing data. Machine learning offers the added boost to enhance the accuracy of forecasting.