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Barriers to innovation, the cause and effect.

Paul Hobcraft

I am on a personal mission to convince innovation software providers, corporations and innovators to change how they undertake innovation. These barriers do not ‘magically’ change by delivering what I believe moves us to a better system for innovation, that of an ecosystem and platform architecture.

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The future interplays between design thinking, technology and AI

Paul Hobcraft

Our innovation tools and design approaches must evolve due to the potential of bringing humans, technology and AI into this interplay thinking. For example, AI can analyze large datasets of user feedback to identify patterns and trends, guiding designers in making data-informed decisions.

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The What, Why and How of Trade Promotion Forecasting

Acuvate

An effective TPF solution offers the capability to forecast the sales uplift and ROI that can be generated due to a particular trade promotion. Most of these systems do assist in the process of planning, however, primarily there is a reliance on human gut when it comes to forecasting. 3) Big Data Integration.

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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. Agile Development : This approach involves having a flexible and iterative development process, where cross-functional teams work together to deliver software or products in short iterations.

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Top 5 Predictive Analytics Use Cases in the Retail Industry

Acuvate

This paves way for decision-makers to employ predictive analytics to derive the best value of all the data gathered and ensure better sales outcomes in the near future. Engineering of this data is the key to opening doors to invaluable insights about the purchase behaviour of your customer. Point-of-sale systems. Mobile apps.

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What is Innovation Software?

eZassi

What is Innovation Software? Innovation Software Helps Businesses Cultivate and Implement Innovation — Faster. Innovation software is a fairly recent development that was made possible by the rise in popularity of both cloud computing and social sharing platforms. How is Innovation Software Used? Idea Capture.

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Applications of Artificial Intelligence (AI) in business

hackerearth

Recent advances in AI have been helped by three factors: Access to big data generated from e-commerce, businesses, governments, science, wearables, and social media. Improvement in machine learning (ML) algorithms—due to the availability of large amounts of data. Entertainment.