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Will big data solve the innovation gap?

Jeffrey Phillips

For many companies, I think there is a relatively significant gap between what they actually generate as compelling new products and what they wish they generated. The gap is real, and it means that many companies aren't as profitable or as competitive as they'd like to be. We could call this the "innovation gap".

Big Data 170
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Innovation and AI – A Killer Combination?

Destination Innovation

Now big data and artifical intelligence (AI) have changed the playing field. There are now software products which can scour diverse data to find promising starting points for your innovation goals. Iprova is a Swiss company focussed on this task. The process has been described as genetic programming.

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Strategic Planning and the Demand for Innovation

Leapfrogging

Strategic planning keeps you on your toes, ready for the next big surprise. Having a strategy isn’t just covering your bases; it’s about setting your business up to dance circles around the competition. With a solid plan, you’re not just bracing for what comes next; you’re ready to pounce on the next big thing.

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Infoxication: Why Big Data is the solution

mjvinnovation

Here, let’s reflect on Infoxication at the business level, which has to do with the concept of Big Data, as we will see throughout this article. Find out how your business can take advantage of this phenomenon and how to deal with Big Data in a profitable way and more! As you saw, the problem is a given.

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How Traditional Ad and PR Agencies Can Compete with Tech Companies in the Digital Era

Tullio Siragusa

How Traditional Ad and PR Agencies Can Compete with Tech Companies in the Digital Era WPP, Publicis, and Interpublic are three of the largest multinational advertising and public relations companies in the world. Apart from WPP, Publicis and Interpublic, other key players in the region include Dentsu, Omnicom, and Havas.

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The Automotive Industry’s Big Data Challenge (Part 2)

Corporate Innovation

In this first part of this two-part series, I discussed why the automotive industry, particularly the incumbent OEMs, is facing a big data challenge. To do so, automakers must: Think strategically and own the big data strategy. Establish and enforce data ownership rights among the appropriate constituencies.

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The Automotive Industry’s Big Data Challenge (Part 2)

Corporate Innovation

In this first part of this two-part series, I discussed why the automotive industry, particularly the incumbent OEMs, is facing a big data challenge. To do so, automakers must: Think strategically and own the big data strategy. Establish and enforce data ownership rights among the appropriate constituencies.