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Recognizing the Building Blocks of Innovation

Paul Hobcraft

” With the argument, we need to change the innovation narrative and significantly update the innovation approach and processes to meet today’s and tomorrow’s business challenges. So this post reviews many great contributors to advancing innovation over the years.

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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. Despite the increase in sales across CPG categories, top CPG brands witnessed a decrease and the cause has been cited due to increased fragmentation of customer preference for private brands.

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What Are Innovation Solutions?

eZassi

While we tend to think of innovation in terms of new technology, solutions can also come in the form of new types of services that offer improvements on old ways of doing things, meet previously unidentified needs or fill gaps in the market. Software technology and automation can include: Innovation challenge and idea management platforms.

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Digital Twins: what it is, how it works, and the advantages of this technology

mjvinnovation

The situation changed in the 2010s, with the development of IoT, Artificial Intelligence, Big Data, and Cloud Computing. First, smart components that use sensors to collect real-time data on status, working conditions, and position are integrated into a physical item. Digital Disruption. So, what is this technology?

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Tech Disruptor – The Process Mining Unicorn Celonis

ITONICS

Imagine having vendors that are not meeting their commitments. Imagine losing hours of productivity each day due to unnecessary steps in business processes. Alexander Rinke, Bastian Nominacher, and Martin Klenk held their meetings with their first clients at a dormitory to demonstrate their initial product.

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A New Way of Thinking About the Automotive Industry

Qmarkets

Recent trends suggest that the automotive industry might be next on Silicon Valley's disruption list. For executives like Eric Schmidt, chairman of Google's parent company Alphabet, the argument for disrupting the automotive industry is obvious. Key Challenge: Self-Disruption.

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Are You Deploying AI Strategically?

Innovation 360 Group

53% said their industry has already experienced significant disruption due to AI. A study in Harvard Business Review concluded, “By the time a late adopter has done all the necessary preparation, earlier adopters will have taken considerable market share — they’ll be able to operate at substantially lower costs with better performance.