Discover the impactful ways crowdsourcing – the practice of engaging a ‘crowd’ or group for a common goal, often for innovation, problem solving, or efficiency – is being applied on many different levels and across various industries.
Crowdtesting is a method of gathering feedback and testing products or services by utilizing a large group of testers, often referred to as a "crowd." These testers can be sourced from a variety of sources such as online communities, marketplaces, or through social...
Donations crowdfunding has already made a significant impact on the way people support charitable causes. Driven by social media and online platforms, it allows individuals and organizations to access a wider audience of potential donors and has made it easier for...
What ethical considerations should businesses keep in mind when using crowdsourcing? Much is written about the benefits of crowdsourcing for businesses. They include access to people with specialist skills at only the times they are needed, and indeed any extra pairs...
The strategic importance of AI technology is growing exponentially across industries and shows no signs of slowing down. Many businesses are exploring and investing in new solutions to stay competitive in the age of AI — from banking using AI to crunch big data, to...
The various ways that crowdsourcing can be used for the benefit of organisations in an ever wider range of industries and service sectors continues to grow. The number of platforms that can provide guidance, the number of organisations that have used crowdsourcing,...
It was an article published by the Harvard Business Review that stated: “In practice, most crowdsourcing initiatives end up with an overwhelming amount of useless ideas.” Everyone’s entitled to their own opinion, though we thought we’d outline some of the top...
The meteoric rise of ChatGPT has taken the tech world by storm. It has thrown a spotlight on the whole generative AI sector, and disrupted the creator economy. Let's just be clear what we mean by the Creator Economy: it refers to the business of supporting and...
Prize challenges have become increasingly popular as a way to spur innovation and solve complex problems in various industries, including technology, healthcare, environment, and social impact. In the future, organisations may use more data and analysis to design...
Crowdsourcing can be a useful way for training AI and deep learning models by harnessing the collective intelligence and abilities of a large group of people. The general idea is to outsource tasks that would otherwise be performed by a small group of experts to a...
Crowdsourcing in Web3 refers to the decentralised process of obtaining goods or services from a large, undefined group of people via the internet, rather than from traditional employees or suppliers. The role of crowdsourcing in Web3 is to empower individuals and...
Crowdsourcing supports entrepreneurs by helping them to be more efficient, effective and successful in developing and growing their businesses. It supports entrepreneurship in several valuable ways, including validating and improving an initial idea, generating...
Our theme for 2023 is the Creator Economy, and how it sits in the context of Crowds, Collaboration, Communities and Connectors. The start point for this is that millions of ordinary people take advantage of opportunities to create the content that we consume online....
Crowdsourcing has been used in the development of the Internet of Things (IoT) in a variety of ways, including gathering data, testing and improving products, and generating new ideas. Some examples of big companies that have used crowdsourcing in the development of...
Few people in developed economies remain untouched by the gig economy. Whether that’s directly through working in it (like 3 in 20 of UK working adults), receiving deliveries at home, taking an Uber or something similar, or working with an outsourced service provider....
Our Head of Content, Clive Reffell, caught up with the co-founder and director of CrowdInvest, Nakul Garg. It is a new cross-border equity crowdfunding platform that will begin trading in the UK in Q4 2022. Nakul is creating a win-win: through Crowdinvest, Indian tech...
The use of AR/VR technology in online gaming has given more people than any other experiences an idea of being in the metaverse. It’s an immersive 3D world of interaction, taking place in any designated or chosen location. AR and VR tech is already transforming...
We often use the phrase “the power of the crowd,” many people do. In a world of heightened concern over sustainable energy sources and carbon reduction, some startup enterprises are making the phrase a literal reality. They are harnessing power generated or physically...
Massive numbers of employees are considering changing jobs in The Great Resignation, a post-Covid collective re-examination of priorities and work and lifestyle balance: how to work; where to work; taking more self-responsibility; exploring gig economy opportunities...
The leading marketing agency specializing in Crowdfunding campaigns, The Crowdfunding Formula, now offers a series of Masterclasses for creators of physical products. In collaboration with GadgetFlow, which has helped promote over 10,000 tech and hardware startups,...
Customer communications can sometimes make or break a brand. Good customer support helps retain prime customers, it can change the opinions of people who complain, it can up-sell to boost revenue, and provide feedback for the rest of an organization to better...
A crowd of Canadian truckers are driving across the country to protest against mandatory Covid vaccinations that were introduced on January 15. Hundreds of truckers set off from Delta in British Columbia on Sunday January 23, expecting to take a week to reach Canada’s...
Crowdsourcing Week’s Theme of 2022 I believe 2022 will be a pivotal year for how we live and work, and for many aspects of the crowd economy. Decentralization and deglobalization deliver a more even distribution of power in society, and it’s our theme in 2022. There...
Almost two years ago Peter Diamandis, the entrepreneur perhaps best known for being founder and chairman of the X Prize Foundation, wrote his prediction of seven business models that will capture and dominate the 2020s. At the top of his list was the Crowd Economy....
To succeed in today's global market and create positive brand awareness there is an increasing need for organizations to improve user experience of their websites, apps and other software. Helping companies to launch their websites and mobile apps to the public...