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Choosing your direction of travel

Paul Hobcraft

They are not yet at the point of being digitally effective to turn what they have into real competitive advantage as they lack the capabilities in big data analysis and those algorithms that reveal ground-breaking innovations, Are they hanging on in the belief they will become digitally transformed eventually or just deluding themselves?

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Learning a new innovation language

Paul Hobcraft

It can be related to your travel to make it less complicated, more integrated in design so when you undertake a journey you have a collective knowledge of where you are going, the way you are travelling; in purchases of the travel tickets, hotel choice, and suggestions of where to eat and visit on your trip.

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Why digital transformation will drive business model innovation

Jeffrey Phillips

Using GM as an example To illustrate this point let's consider General Motors, or for that matter any car company. As this movement gains steam, and autonomous vehicles gain traction, it's increasingly likely that individuals don't acquire cars, they pay for transportation or miles traveled. And this is just for the car companies.

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Insurtech: what it is, examples and how to seize opportunities

mjvinnovation

Quite in line with what we already know from the Digital Transformation concept, the Insurtech phenomenon is grounded by Big Data, Artificial Intelligence (AI) and the Internet of Things (IoT) – most of the capital invested goes into these areas. That’s Insurtech too. Brazilian Insurtechs.

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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.

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How China Creates the Strongest Innovation System

The BMI Lab Blog

BMI Think Tank travelled to China for a Business Model Innovation Study Trip. Massive investments, a huge market and the hiring of worldwide talent has boosted the Chinese innovative ecosystem. For instance, in Q3 2017, Tencent, the Chinese Internet company that developed WeChat and QQ, overran Facebook in terms of market value.

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Automakers Must Partner Around Big Data

Corporate Innovation

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. Tesla has also hinted they may enter this market.