Data-Driven Innovation For Informed Decision-Making

Data-Driven Innovation For Informed Decision-Making

The Gartner Hype Cycle for Innovation Management Techniques 2021 identifies data-driven innovation as a technique for driving organizational growth and informing decision-making. Data-driven innovation offers a practical solution for translating vast amounts of data into insights that drive competitive advantage. By integrating data-driven techniques into existing innovation processes, organizations can support fact-based decision-making and generate robust innovation strategies. The ITONICS Innovation Management Platform offers a single point of truth where data is easily collected, organized, analyzed, and managed. Collaborating across geographies and business units can be achieved effortlessly and promote a culture of innovation based on data-driven insights.

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More Innovation Resources:

8 Types of Corporate-Startup Engagement Models with Examples

This article covers the eight common types of corporate-startup engagement models and provides examples, benefits, and limitations.

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How to trigger valuable discussions in collaborative innovation?

How to trigger valuable discussions in collaborative innovation?

Collaboration through discussion is an essential feature of modern innovation platforms. Good comments provide information that supplements the idea and increases its maturity, while less useful comments clutter discussion threads.

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Study shows a desire for startups and corporates to work more together by 2025

Unilever Foundation's recent study reveals that more corporations plan to work with startups by 2025 for better innovation, and 90% of brand managers who've worked with startups plan to do so more often in the future.

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