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Will big data solve the innovation gap?

Jeffrey Phillips

The gap is real, and it means that many companies aren't as profitable or as competitive as they'd like to be. Lately, with the advent of "big data", machine learning and other factors associated with data and more intelligent processes, the argument has been made that these capabilities will solve the innovation gap.

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Infoxication: Why Big Data is the solution

mjvinnovation

It was the Spaniard Alfons Cornella, a technology expert and best-selling author, who gave rise to the concept there by the early 2000s. 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. As you saw, the problem is a given.

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Real Management Applications of Big Data

InnovationManagement

Big Data has had a big impact on the competitive landscape. Businesses that have embraced this explosive technology of digital media are better positioned to market faster with products and services that satisfy customers' needs adequately.

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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. ?

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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.

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Digital Transformation Outcomes: How to Improve ROI | KaiNexus

Kainexus

Today, more than ever, businesses are navigating a landscape characterized by rapid technological advancements, shifting consumer behaviors, and heightened competition. In this context, embracing digital transformation isn't merely an option—it's imperative for staying relevant and competitive.

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Journal Article: Big Data in Innovation Management

ITONICS

How machine learning is revolutionizing the search for trends and technologies. Summary: Today, innovation management is an important instrument for companies to remain competitive and successful in rapidly changing markets. The post Journal Article: Big Data in Innovation Management appeared first on.