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What Is Business Intelligence?

Collective Innovation

This can include information about the company internally, customer information, market information, sales velocity, competitive information and numerous other metrics. When used correctly this data can allow companies to reasonably predict the outcome and validate their decisions while still moving quickly and innovating.

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Key Innovation Issues for 2016 and Beyond

Integrative Innovation

As can be seen from the figure below, co-creation platforms feature some special characteristics that have a major impact on shaping new market environments: Created solutions are integrated and often cross-industry. Incremental innovation : Even in highly mature industries, such as automotive, experimentation gains ever more importance.

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From product to business model innovation: TICK, the laundry on demand service from Migros.

The BMI Lab Blog

When we look for inspiring examples of business model innovations on the Internet, we usually find business cases like Netflix, Amazon, Uber or other giants that have successfully implemented new business models, and hence boosted their performance and market dominance.

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