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:

Recognizing Your Type of Innovation Leader

Identifying the type of innovation leadership personality within your organization can help you manage innovation work better and attract the necessary resources. This article explains how to recognize the traits of innovation leaders.

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Is Artificial Intelligence The New Productivity Paradox?

Is Artificial Intelligence The New Productivity Paradox?

The productivity paradox of the 70s and 80s that occurred due to IT investment sheds light on the importance of creating new business models with digital technology. Now, AI empowers employees to provide better service, and an ecosystem of firms is developing modular AI systems. In the future, AI will be applied to the physical world via powerful new computing architectures.

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3 Startups Disrupting Insurance Industry

Learn about 3 insurtech startups disrupting the insurance industry with their innovative approaches for liability insurance, simplified life insurance, and digital customer interactions.

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