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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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Understanding the 5Vs of Big Data

Acuvate

In order to understand at what point ‘data’ transitions into being ‘big data’, and what its key elements are, it is imperative that we study the 5 Vs associated with it: Velocity, Volume, Value, Variety, and Veracity. What is Big Data. Big data volume defines the ‘amount’ of data that is produced.

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Turning Big Data into Big Paydays

InnovationManagement

The global technological advancement has been ongoing for many decades now. The ability to generate big data by companies concerning their clientele and customers is an opportunity that to exploit and transform into huge returns on paydays.

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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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How to Use Big Data For Improving Driver Safety

Acuvate

This goal seems achievable with massive advancements in automotive technology and big data. Today, one of the biggest use cases of big data and advanced analytics in the automobile and transport industry is to leverage data to improve the safety of vehicles and on the road. Microsoft Azure Data Factory.

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How to Innovate with Big Data: 4 Essentials

InnovationManagement

A few years ago, big data was a brand new frontier for businesses, and few could afford to leverage the technology on a large scale. Today, it’s much more accessible for companies of all sizes, and the field of big data has begun to mature.

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Swiss Re Exec on Why Companies Shouldn’t Be Seduced by Big Data

Innovation Leader

Swiss Re Digital Catalyst Jerry Gupta discusses his approach to working with Big Data and AI, including why teams often fail when working with new technology.