Remove Big Data Remove Competition Remove Consulting Remove Marketing
article thumbnail

Infoxication: Why Big Data is the solution

mjvinnovation

Here, let’s reflect on Infoxication at the business level, which has to do with the concept of Big Data, as we will see throughout this article. Find out how your business can take advantage of this phenomenon and how to deal with Big Data in a profitable way and more! As you saw, the problem is a given.

article thumbnail

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. ?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

25 years of Innovation- how has it evolved? Has it been successful?

Paul Hobcraft

” So, in 1999, I switched to innovation consulting in Singapore, finding my own way. Harnessing the Power of Data and Analytics: The rise of big data and analytics has transformed innovation by providing unprecedented insights into customer behaviour, market trends, and competitive landscapes.

article thumbnail

The Challenges being Faced by Innovation Consultants

Paul Hobcraft

From my perspective I’ve been looking at a real challenge today, that many consultants offering innovation services are not providing real sustaining consulting value to clients, only ad-hoc services. In many ways, the consulting industry specializing in innovation is its own worst enemy.

article thumbnail

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. dollars by 2027, more than double its expected market size in 2018. If you are an organization set out to embrace data analytics, here’s a list of the top 5 myths you need to be aware of.

Data 80
article thumbnail

Advanced Analytics For Insurance Industry: 6 Major Use Cases

Acuvate

Advanced analytics helps to mine through big data for actionable insights which can be used for a plethora of business use cases. For instance, in the case of vehicle insurance, the ability to accurately assess the risk posed by a particular driver allows companies to formulate a competitive and profit-making premium.

article thumbnail

Industry 4.0

eZassi

With Innovation Management In today’s rapidly evolving business landscape, staying ahead of the competition requires embracing Industry 4.0 It’s all about embracing automation, artificial intelligence, big data, and the Internet of Things to optimize productivity, efficiency, and innovation across the supply chain.