Will big data solve the innovation gap?

RTI Innovation Advisors

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. This claim seems to suggest that big data and analytics and machine learning can do a better job in the front end generating new ideas that lead more rapidly to new products and services. However, I'm not so sure about disruptive needs and opportunities.

The Automotive Industry’s Big Data Challenge (Part 1)

Corporate Innovation

In this two-part series, we will discuss the big data challenge facing the automotive industry. The pieces are the result of my work in the industry helping corporations with their innovation and big data strategies. To be effective in the information business, automakers must change their perspective and start thinking about an overall process for big data in and around the car. Automakers must become serious about big data .

The Automotive Industry’s Big Data Challenge (Part 1)

Corporate Innovation

In this two-part series, we will discuss the big data challenge facing the automotive industry. The pieces are the result of my work in the industry helping corporations with their innovation and big data strategies. To be effective in the information business, automakers must change their perspective and start thinking about an overall process for big data in and around the car. Automakers must become serious about big data .

Automakers Must Partner Around Big Data

Corporate Innovation

By extensively utilizing data, and paying attention to detail Tesla has changed the conversation on the type of personalized experience car owners (drivers and passengers) should expect from an automaker. Tesla has taken a lesson from Apple, Google, Facebook and Amazon, four companies that obsess about connecting pieces of data and using it to better understand their consumers and tailor their services to provide the right experience.

Automakers Must Partner Around Big Data

Corporate Innovation

By extensively utilizing data, and paying attention to detail Tesla has changed the conversation on the type of personalized experience car owners (drivers and passengers) should expect from an automaker. Tesla has taken a lesson from Apple, Google, Facebook and Amazon, four companies that obsess about connecting pieces of data and using it to better understand their consumers and tailor their services to provide the right experience.

Automakers Must Partner Around Big Data

Corporate Innovation

By extensively utilizing data, and paying attention to detail Tesla has changed the conversation on the type of personalized experience car owners (drivers and passengers) should expect from an automaker. Tesla has taken a lesson from Apple, Google, Facebook and Amazon, four companies that obsess about connecting pieces of data and using it to better understand their consumers and tailor their services to provide the right experience.

10 Emerging Technologies That Will Drive The Next Economy

Game-Changer

What technologies will drive the biggest changes in industries over the next 10 to 20 years and create the next economy ? So, I recently gave a talk about these 10 essential technologies that will drive the next economy. Leaders should always be asking themselves What’s new?,

Valuing digitization alongside innovation

Paul Hobcraft

We all see around us increasing disruption caused by digitalization. Much of our innovation work today is caught up in out-of-date information, poor and inadequate data, restricted research and limited market understanding. These all rely on connected technology.

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.

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Driving Exponential Online Growth by Creating and Reaching New Digital Customers

InnovationManagement

Enabling Factors Strategies 3D printing AI analytics ar big data business strategy customer experience cx disruption disruptive thinking growth hyper-growth Innovation Strategy Internet leadership messy middle predictive analytics privacy retail sales security UX vr

How Experian Built a Disruptive Data Business

Innovation Excellence

Data Disruption Feature Of The Week Growth Health/Healthcare Innovation Profiles of Innovators Technology Uncategorized automation Big Data commerce Consumer Credit Data Lab Data Science Digital Technology Financial Services Global Brands industry retail tech

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I prefer the work-to-be-done for innovation.

Paul Hobcraft

Technology is enabling us to look more towards the “work to be done” as the place to be.

Technology leads, innovation exploitation is lagging

Paul Hobcraft

It is highly reliant on manual systems with people often disconnected from the real innovation engagement making decisions on inadequate data or insights. This merging of cloud, big data, social, and the internet of things is becoming the new system of discovery according to some.

Is Everyone Else Still Smarter Than You?

Innovation Excellence

Consumer Innovation Disruption Innovation marketing Processes & Tools Social Innovation Technology Big Data Crowdsolving Crowdsourcing data Problemsolving technology

Are Corporate Innovation Centers The Last Hope for Companies Too Big To Fail?

InnovationManagement

Companies once deemed “too big to fail” are increasingly exposed to failure. The threat of disruption is everywhere. Regardless of industry, businesses face digital Darwinism, the evolution of technology and markets. Disruption is just a matter of when, where and why.

The Innovation-Driven Disruption of the Automotive Value Chain (Part 2)

Corporate Innovation

In this blog I explore what the automotive industry has been doing to address the potential disruption, analyze the effects of these initial steps, and provide recommendations on what corporations could be doing better. Big data. Big data. Big data.

The Innovation-Driven Disruption of the Automotive Value Chain (Part 2)

Corporate Innovation

In this blog I explore what the automotive industry has been doing to address the potential disruption, analyze the effects of these initial steps, and provide recommendations on what corporations could be doing better. Big data. Big data. Big data.

The Industry 4.0 Advantage

Daniel Burrus

A third industrial revolution began in the late 1950s, which brought with it automation technology, computers, and robotics, increasing efficiency and repositioning the human workforce. Near the end of this period, manufacturers began experiencing a shift from legacy technology to an increase in attention to digital technology and automation software. is the rise of digital industrial technology. Big Data and Analytics.

Will Your City Be a Smart City Soon?

Daniel Burrus

Politicians are seeing the real benefits and cost savings that smart city initiatives can provide, and as citizens we need to get used to the idea of our towns collecting and making use of more and more data to reshape the world around us for the greater good.

The Digital Tsunami

InnovationManagement

Column & Opinion 4G 5G AI automation automotive industry big data china connected car cyber-security cyber-war digital era digital platform disruptive technology driverless cars europe finance fintech global market globalization healthcare IoT IT mobile open source Platform Disruption privacy smartphone social media switzerland technology transformation

Either You Drive Disruption Or You’re Outpaced By It

Game-Changer

Every single industry, domain and business is being disrupted by emerging technologies such as artificial intelligence, big data, virtual reality, augmented reality, blockchain, internet of things, drones and 3D printing.

12 Technology Categories That Will Transform Careers

Daniel Burrus

As technology continues to impact our lives, workers at every level in today’s ever-changing labor market need to be prepared with skills to adapt and succeed in the workplace. Over the past thirty years, I have developed a proven methodology to anticipate disruption and change before it happens, allowing you to find the confidence that certainty provides. The list highlights technologies that are now and will continue to transform present and future careers.

Intensity of Use of Technology, Not Just Access, Is What Creates Economic Opportunity

Game-Changer

As we enter 2018, it’s worth reminding ourselves that digital disruption is real. The Next Economy will be driven by these emerging technologies : artificial intelligence, virtual reality, augmented reality, drones, big data, internet of things, 3D printing, genetics and blockchain.

The Innovation-Driven Disruption of the Automotive Value Chain (Part 3)

Corporate Innovation

In a previous post I wrote about the disruptive innovations that have been introduced by Tesla Motors (Tesla) and Uber and presented the steps the automotive industry should be taking in order to address the startup-driven disruption. Disrupting the Automotive Industry is Expensive.

The Innovation-Driven Disruption of the Automotive Value Chain (Part 3)

Corporate Innovation

In a previous post I wrote about the disruptive innovations that have been introduced by Tesla Motors (Tesla) and Uber and presented the steps the automotive industry should be taking in order to address the startup-driven disruption. Disrupting the Automotive Industry is Expensive.

Artificial Intelligence: A Question of Data

Daniel Burrus

and the vast quantity of data that China is capable of generating on a daily basis, has many wondering if the U.S. will be a leader or follower in this important technology category as the future unfolds. Data is the fuel that feeds A.I. The more data you have, the more A.I.

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A new value chain for next-generation mobility

Corporate Innovation

In my book, The Big Data Opportunity in Our Driverless Future , I make two arguments: 1) that societal and urban challenges are accelerating the adoption of on-demand mobility, and 2) technology advances, including big data and machine intelligence, are making Autonomous Connected and Electrified (ACE) vehicles a reality. Shifts in personal mobility and technology open the door to ACE vehicles. Changes in technology. Data services provider.

Analysis Of The Next-Generation Mobility Value Chain

Corporate Innovation

In my book The Big Data Opportunity In Our Driverless Future I identify two distinct value chains that have been established because of the car ownership-centric model that has been dominant for the past 70+ years: the vehicle manufacturing and sale value chain , and the vehicle use value chain.

Technological Unemployment Is Changing the Future of Work

Daniel Burrus

There is no shortage of buzzwords around meeting rooms or office water coolers such as the Internet of Things, wearable tech or big data. The one phrase that most people choose to ignore is technological unemployment. The next time you read a headline blaming technology, robots and automation for removing roles that have existed for 25 years, ask yourself the reason why. In reality, it’s an education issue, and education is ripe for digital disruption.

Disaster: CEO’s Ignoring Digital Innovation

Gregg Fraley

Innovation + Business + Technology = Digital Leadership. The conversation CEOs need to be having, to remain in the shrinking 85.1%, is about how to integrate digital technology and seize new pathways to industry leadership. And, introduces disruptive approaches to customer value.

The Life Sciences Industry: Decision Making from Batch to Continuum

IdeaScale

Technology is also playing spoilsport to the breakthrough party. Digital capabilities and big data is transforming everything from discovery to commercialization. We believe that the costs of human efforts in data curation are substantially higher.

10 Technology Driven Hard Trends Shaping 2016

Daniel Burrus

Technology has become everyone’s business as we enter the next stage of this digital transformation where even your next toaster or refrigerator will connect to the Internet. Many of the themes that we have witnessed here in 2015 will gather pace next year and continue to enable or disrupt your business depending on how prepared they are for the Hard Trends on the horizon. Technology has become everyone’s business as we enter the next stage of digital transformation.

5 Ways FinTech Will Disrupt Your Company

Planview Spigit

A thoroughly modern, hybrid fusion of Wall Street and Silicon Valley, FinTech – or financial technology – has often been hailed as the next big thing. Now, it promises to bring further disruption and fundamentally alter the way businesses grow, manage their finances and most importantly, meet the needs of their customers. As the name suggests, FinTech represents a modern fusion of finance and technology. Leveraging Big Data.

The Evolution Of Project Management — Trends For 2018

AureaWorks

EVM integrates cost, schedule and scope to create data points to be used to evaluate progress. Agility has disrupted traditional delivery methodologies, and companies are learning that they need to blend agile and waterfall to deliver results.

Fostering Innovation with Technological Solutions – Part 1

Wazoku

What might the link be between Barcelona, fostering innovation with technological solutions and organisations looking to give the people what they want? The series opens by considering how organisations are using various technology solutions to tackle everything from continuous improvement through to grand challenges. I was in Barcelona just prior to all the recent referendum* to give a session on fostering innovation with technological solutions.