Remove Big Data Remove Competition Remove Disruption Remove Technology
article thumbnail

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
article thumbnail

Infoxication: Why Big Data is the solution

mjvinnovation

It was the Spaniard Alfons Cornella, a technology expert and best-selling author, who gave rise to the concept there by the early 2000s. 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. As you saw, the problem is a given.

Insiders

Sign Up for our Newsletter

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

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. ?

article thumbnail

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.

article thumbnail

Technology leads, innovation exploitation is lagging

Paul Hobcraft

I recall reading that up to now, each digital technology change was a separate era of change, to absorb and adapt towards, yet today we are facing something seemingly different, a collision, a whole mash-up of disparate technologies and systems, that seem to be heading for such an explosion of change, a post-digital transformation.

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. While data analytics helps companies make informed decisions and gain a competitive edge, misconceptions surrounding it can hamper its impact. Myth 2: Data Analytics is extremely expensive.

Data 80
article thumbnail

Scale gives way to speed

Jeffrey Phillips

The new game, as demonstrated by a number of emerging disrupters, is captured in the book Unscaled and discussed at length in this nice blog post - one I wish I could have written. There are a couple of overlapping points here, but the main idea is that scale as a competitive weapon is increasingly passe.

Agile 134