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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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Qmarkets Partners with Wellspring to Offer a Data-Enriched Open Innovation Platform to Enterprise Clients

Qmarkets

Tel-Aviv, Israel — April 6th, 2022 – Qmarkets, the award-winning supplier of innovation management software , has announced a strategic partnership and integration with Wellspring , the leading provider of Innovation Ops software and data to corporations, research institutions, and government agencies.

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

Qmarkets

In 2017 it was blocked for a few hours by the OOCL Japan, in 2006 it was blocked by the Okal King Dor for 8 hours, and before that in 2004 the Tropic Brilliance became lodged for 3 whole days. 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

In 2017 it was blocked for a few hours by the OOCL Japan, in 2006 it was blocked by the Okal King Dor for 8 hours, and before that in 2004 the Tropic Brilliance became lodged for 3 whole days. 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

In 2017 it was blocked for a few hours by the OOCL Japan, in 2006 it was blocked by the Okal King Dor for 8 hours, and before that in 2004 the Tropic Brilliance became lodged for 3 whole days. 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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PayPal, Facebook, Shell Oil and Nokia: Antibodies, Part 5 of 6

Innovation 360 Group

This early leader in financial technology launched in 1998 as Field Link, a company that developed encryption software for palm pilots. At the time, eBay customers will still paying by check or money order due to resistance from traditional credit card carriers.

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

Qmarkets

Open Innovation is defined by Chesbrough (2006) as “the use of purposive inflows and outflows of knowledge to accelerate internal innovation, and expand the markets for external use of innovation, respectively.” Proposals that receive support from 10,000 users are promoted to the next stage for review by a committee of experts.