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5 Crowdsourcing Examples That Delivered Impressive Business Results

Qmarkets

The concept of crowdsourcing, coined by Jeff Howe and Mark Robinson in a 2006 Wired article , has revolutionized how businesses and organizations solve problems and innovate. To effectively manage and streamline these initiatives, many companies turn to crowdsourcing software. What is Crowdsourcing?

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3 Vital Idea Crowdsourcing Best Practices from the 2021 Suez Canal Obstruction

Qmarkets

Of course, not every idea was serious but many of them were highly technical and well-thought out, however it does not appear that either of them contributed to the eventual outcome. In the case of the BP oil crisis, they were forced to employ over 100 experts to review the 123,000 submissions that they received.

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Three Vital Idea Crowdsourcing Best Practices from the 2021 Suez Canal Obstruction

Qmarkets

Of course, not every idea was serious but many of them were highly technical and well-thought out, however it does not appear that either of them contributed to the eventual outcome. In the case of the BP oil crisis, they were forced to employ over 100 experts to review the 123,000 submissions that they received.

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Three Vital Idea Crowdsourcing Best Practices from the 2021 Suez Canal Obstruction

Qmarkets

Of course, not every idea was serious but many of them were highly technical and well-thought out, however it does not appear that either of them contributed to the eventual outcome. In the case of the BP oil crisis, they were forced to employ over 100 experts to review the 123,000 submissions that they received.

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“Embrace Open Innovation or be Destroyed by it…” – A Case Study on Lego & Bagels

Qmarkets

Mugglestone, 2005) Now if this task were to be attempted using a contemporary Idea Management platform , it could be completed in days rather than decades. In the 1990s the company came close to bankruptcy due to the rise of digital entertainment such as video games; they needed to find new ways of exciting their customers.

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“Embrace Open Innovation or be Destroyed by it…” – A Case Study on Lego & Bagels

Qmarkets

Mugglestone, 2005) Now if this task were to be attempted using a contemporary Idea Management platform , it could be completed in days rather than decades. In the 1990s the company came close to bankruptcy due to the rise of digital entertainment such as video games; they needed to find new ways of exciting their customers.

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Innovation and digital transformation of the healthcare industry

hackerearth

Herzlinger’s article titled “ Why Innovation in Health Care Is So Hard ,” which appeared in the May 2006 issue of Harvard Business Review.). The patients used monitoring devices at home to send medical data to the clinic, which used special software to identify patients who needed interventions. Telemedicine. Source: Nexeon.