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Calculating the ROI of an Idea: Ideas That Saved Time

IdeaScale

Crowdsourcing and open innovation initiatives are vital by bringing vast stakeholders together to share ideas on complex problems and opportunities. One of the top innovation management topics I run into is evaluating the Return on Investment (ROI) for an idea. Introduction to ROI.

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Can Crowdsourcing Help to Break Down the Biggest Obstacle in Market Research?

Qmarkets

Put another way, you only need to conduct in-depth studies of customer wants and needs if there are no other reliable ways for this information to easily flow between company and customer. To be sure, there will still be an important role for market research in the coming era of crowdsourced ideation and innovation.

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Can Crowdsourcing Help to Break Down the Biggest Obstacle in Market Research?

Qmarkets

Put another way, you only need to conduct in-depth studies of customer wants and needs if there are no other reliable ways for this information to easily flow between company and customer. To be sure, there will still be an important role for market research in the coming era of crowdsourced ideation and innovation.

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How artificial intelligence and innovation will interact

Idea Drop

With this information in place, AI can provide organisations with solutions and opportunities that would likely have remained undiscovered otherwise. AI and Open Innovation Crowdsourcing is a key factor of any innovation strategy and it is important to understand how AI could change the landscape for open innovation.

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Qmarkets to Power Industrial Innovation at Leading Machinery and Components Organization

Qmarkets

SCM Group – a major global industrial technology organization – has announced the successful deployment of Qmarkets innovation management software across their workforce. SCM Group’s decision to drive innovation with Qmarkets resulted from a highly-successful pilot with the software in 2018.

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5 Innovation Trends of 2018 that will Disrupt the Corporate Landscape in 2019

Qmarkets

The ascendency of mobile-centric corporate innovation has been growing steadily in recent years. A 2016 study conducted by FierceTechExec found that 71% of workers spent over two hours a week accessing company information via mobile devices. Companies are beginning to realise the enormous potential of mobile-focused ideation software.

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8 External Innovation Sources You should know

ITONICS

Academic and research institutions that run innovation programs funded by the company. Partnerships between companies and universities are one of the key drivers of the innovation economy. If there is not enough manpower available in your innovation team, it makes sense to get external help. Software and consulting companies.