Remove 2008 Remove Big Data Remove Management
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Seven impacts Open Innovation can have on your bank!

mjvinnovation

The 2008 financial crisis was decisive. Numerous experts point to the 2008 global financial crisis as an epicenter. They use emerging technologies like Big Data and Artificial Intelligence to optimize customer experience and fill system gaps. In this way, they absorb knowledge and manage to innovate even further.

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7 Things Every CEO Should Know About Their Patents

Anaqua

Even in the most extreme cases where there is a perfect intersection of data, analytics, valuable metrics, and huge incentives to utilize and optimize, we see both surprising catastrophic failures, and stunning opportunites in markets. Do we understand the value of our IP and how it drives our Profit and Loss Statement (P&L)?

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There's No Panacea for the Big Data Talent Gap

Harvard Business Review

We recently surveyed (PDF) senior Fortune 500 and federal agency business and technology leaders to discover the level of serious interest surrounding Big Data. While this new breed is a critical ingredient in the wave of Big Data initiatives, finding them is incredibly challenging. The interest and commitment is real.

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PLAYING IT SAFE IS THE MOST DANGEROUS THING YOU CAN DO

Innovation 360 Group

At the same time, big box retailers started selling CDs at massive discounts to hold onto customers that were disappearing into ecommerce. It’s not a coincidence that Stockholm’s Spotify suddenly sprouted up in 2008, among the ruins of music industry giants.

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The Analytics Lesson from the Obama Campaign: Keep Your Data Organized, Secret

Harvard Business Review

Time magazine just published a fascinating account of how President Obama's campaign team used data to microtarget voters. At HBR, we've been tracking the rise of Big Data in the private sector for some time, and see this as a useful case study of how one organization actually implemented those analytic principles to get results.

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The Best Approach to Decision Making Combines Data and Managers’ Expertise

Harvard Business Review

Data is now the critical tool for managing many corporate functions, including marketing, pricing, supply chain, operations, and more. This movement is being further fueled by the promise of artificial intelligence and machine learning, and by the ease of collecting and storing data about every facet of our daily lives.

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Who’s Hiring (and Who Isn’t) in Five Charts

Harvard Business Review

First, briefly, back to November 2008. million below its January 2008 all-time peak. The average hourly wage in management and technical consulting is $37.44; in legal services it’s $37.07. Hiring and Big Data: Those Who Could Be Left Behind. So let’s look back instead. is almost 1.3