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What I'ved learned so far about digital transformation and innovation

Jeffrey Phillips

My good friend and collaborator Paul Hobcraft is constantly reviewing new reports and creating insights of his own, which inundate me with more information. But through this I've learned a bit about both innovation and digital transformation. Below I'm going to share a few things I've learned so far, and my sense of the implications.

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Applications of Artificial Intelligence (AI) in business

hackerearth

Businesses that use Artificial Intelligence (AI) and related technology to reveal new insights “will steal $1.2 Although AI has been around since the 1950s, it is only recently that the technology has begun to find real-world applications (such as Apple’s Siri). Data security. predicts Forrester Research.

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The future interplays between design thinking, technology and AI

Paul Hobcraft

Exploring the interplay between Humans, Technology and AI for design thinking Why is design thinking regarded as so crucial to the future of innovation in a world of accelerating interplays between humans, technology and generative AI? This involves moving computing power, data storage, and decision-making to the edge of operations.

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Recognizing the Building Blocks of Innovation

Paul Hobcraft

So this post reviews many great contributors to advancing innovation over the years. Then we moved into an era of technology-associated innovation These are building on a higher reliance on AI, Technology, and Digital approaches, connecting more to the customer and more collaborative across organizations.

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Top 5 Myths About Data Analytics You Should Stop Believing

Acuvate

Data Analytics in Business. According to Stastia , the global big data market is forecasted to grow to 103 billion U.S. If you are an organization set out to embrace data analytics, here’s a list of the top 5 myths you need to be aware of. Myth 1: Only large companies with big data need data analytics.

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Could Artificial Intelligence Contribute to Open Innovation?

Yet2

As innovation experts we strive to innovate our own processes, recently we shared our advances in ‘big data’ analyses in our blog and here we begin to delve into the possibility of using AI as an open innovation tool. Because ChatGPT is an AI model, it is capable of generating text that is highly convincing and human-like.

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Know Your Emerging Trends

IdeaScale

We’re changing our behaviors: We’re even changing our bodies: teenagers now ring the bell with their thumbs , because it is their dominant digit due to mobile phone use. Internet of Things: the interconnection via the Internet of computing devices embedded in everyday objects, enabling them to send and receive data.

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