Remove Big Data Remove Competition Remove Information
article thumbnail

Infoxication: Why Big Data is the solution

mjvinnovation

Yes, the term is new and seems a bit exotic, but that’s right, individuals and societies are in a time when excess information is generating intoxication. 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.

article thumbnail

Real Management Applications of Big Data

InnovationManagement

Big Data has had a big impact on the competitive landscape. Wise management of time is very critical in staying ahead of the competition. Here is an analysis of some of the real management applications of Big Data:

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

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.

article thumbnail

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.

article thumbnail

Social Networks and Big Data: the best strategy for getting to know your customers

mjvinnovation

This is because the volume of daily data produced in these virtual environments is a real gold mine for companies prepared to prospect for it. Keep reading to understand how you can benefit from the combination of Social Networks + Big Data. Social Networks: the gold mine of data. And Big Data is the tool for the job. ?

article thumbnail

Business Model Strategies & Tools for Disruptive Digital Innovation

Leapfrogging

Why is creating competitive differentiation increasingly difficult? Microsoft charges for the software, while Google monetizes its data through advertising. Whether you call it Big Data, Little Data, or the Internet of Things, data remains data until it meets a business model. Change the economics.

article thumbnail

Big Data: get to know your customer to generate more business

mjvinnovation

In this context, Big Data provides important data about customer behavior. Big Data refers to data that grows unstructured and exponentially in the world and is driven by three factors: volume, variety and data rate. ” Guide the management and implementation of Big Data.