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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

I think of the Gartner Hype Cycle here as we have gone through each of the stages of recognition of the application and the learning from this; we have the innovation triggers first, then a peak or inflated expectations, followed by troughs of disillusionment and finally by the slope of enlightenment, to give a new plateau of productivity.

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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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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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The backdrop of digital transformation and its consequences

Paul Hobcraft

Yet for others, who recognize the future lies in technology and the power of networks and community engagement, it is the opportunity to radically alter their way of doing business; the opportunity to forge new competitive positions that have the collaborative engagement at its heart. We have to embrace new technology – or leave the stage.

Report 168
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Valuing digitization alongside innovation

Paul Hobcraft

We all see around us increasing disruption caused by digitalization. Within this digitalization is enabling more monitoring of efficiency in the use of material, in product and as this has a huge *thumbs-up” with many of the customers the ability to reduce the environmental impact, is yielding real competitive advantages.

Data 208
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Sorting through our Innovation Management Tools

Paul Hobcraft

There are management tools that have become ‘enshrined’ in organizations and many of the executives become settled on the ones they have bothered to learn or seemingly do the job. Presently the highest rated tool is Big Data Analytics; more than half of surveyed executives say that Advanced Analytics are transforming their marketing strategy.

Tools 100