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First-Mover or Fast-Follower: Which is the right innovation strategy for you?

Idea to Value

This idea quickly became popular in technology companies and areas like Silicon Valley where it was used as evidence of a need to launch first (even if you didn’t have a working product), spend big on marketing and get customers at any cost. And competition has its advantages.

Strategy 257
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Blockchain: Distributed Shared Ledger Technology in Banking

hackerearth

Over 90% of the world’s leading banks are either exploring, experimenting (PoCs), or formulating a strategy for leveraging blockchain technology, says an Accenture survey. But when it comes to intra-organizational processes, challenges arise due to process design and lack of mutual trust. Areas of impact. Sample use cases.

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Discontinuous Innovation: Transforming Industries & Creating New Markets

Qmarkets

In this article, we delve into the essence of discontinuous innovation, its impact on the competitive landscape, and how businesses can harness its transformative potential. Defining Discontinuous Innovation Discontinuous innovation introduces significant technological leaps or entirely new business models , much like radical innovation.

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Building an Agile & Innovative Organization

Idea to Value

There are great many companies and leaders that obsess about their market share, competitors, or technological prowess. If your technology doesn’t create value for customers, they won’t buy it. And, if you don’t have customers, the reason really isn’t your competition, it’s you not providing them with enough value.

Agile 302
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Examples of Data Science projects to help you leverage results

mjvinnovation

Regardless of industry or size, organizations that want to remain competitive in the era of Big Data need to develop and efficiently implement Data Science capabilities – or risk being left behind. in Data Science at Harvard Business Review : “First, data scientists create a solid database to carry out a robust analysis.

Data 52
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The AQX Series: A Convergence of Internal and External Data for 360 Analytics

Anaqua

In the third post of our blog series, we spoke with Vincent Brault, Senior Vice President of Product and Innovation, about the importance of analytics and how new technology is helping to reshape its use in the IP industry. The industry started with mostly automotive companies, and now technology and insurance companies are getting involved.

Data 58
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Creating the Industrial Ecosystem

Paul Hobcraft

The day before the main event I was included in the Industry Analysts visit to the Siemens Technology Center, at Neuperlach in Munich. We were provided a variety of insights in different presentations and demonstrations, of the technology they are working upon. Siemens is in some highly competitive industrial markets.

Industry 187