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.
More and more firms have begun practicing the consumer-centric approach to new product development (npd). As part of this approach, firms use sophisticated market research to identify unmet customer needs that could be converted into successful consumer products. Now,...
What is a Smart City? Smart cities use crowdsourced data for better analysis of behaviours and efficient resource management in urban areas. The term 'smart cities' refers to comprehensive connectivity in a built environment. It includes IoT technology-enhanced...
The past 12 months of pandemic lockdowns and disruption to business through a mass of people working from home has posed a myriad of financial issues across all industries. Apart from internal financial struggles, companies might also be finding it difficult to gather...
The term ‘open source’ refers to much more than just being able to use free software. In a nutshell, Open Source Software (OSS) is crowdsourcing applied to software development. The term originated when early software developers collaborated to learn from and with...
Our ability to communicate with many minds on a mass scale has made it a lot easier to turn to large groups of people to provide us with solutions to challenging issues, to deliver innovative new ideas, or give their feedback on our own ones. Turning a question or a...
Prizes can spur all types of innovation and R&D, and the use of prize challenges to accelerate R&D is experiencing a boom. Many organizations and governments around the world are launching prizes to accelerate R&D, and it’s a tool used by the likes of...
Skilled freelance jobs are booming, and it doesn’t matter whether your skill is in marketing, tech, design, law, logistics or accounting. More and more companies are turning to gig platforms to find skilled freelancers to fill a wide array of freelance jobs openings....
Market analysts have been stunned by the crowd-power of an army of day traders that was able to push a stock price way beyond conventional valuation measures and inflict huge losses on hedge funds. Hedge funds are part of the investment banking industry, and regarded...
In any difficult times, fraudsters and malefactors always step up their activities, which can lead to disastrous consequences for any business. The massive and hasty transition of companies to remote work has led to an increase in the number of successful...
Speech recognition technology is a form of AI. Automatic Speech Recognition (ASR) enables machines to register a set of words they hear used in spoken language, match them to a text transcription, and then search multiple transcribed possible responses for the best...
2020’s upheaval of lifestyles and work practices has seen many business winners and losers. Social distancing, and in some countries curfews, have floored many leisure and hospitality companies. Travel clampdowns have grounded aircraft and caused hotel closures. On...
We are at the beginning of a period of exponential growth through harnessing human intellect with intelligent technology. The pace of change is often said to get faster and faster, the increase in the world’s collective knowledge is certainly growing faster and...
Could you imagine a tiny country like Singapore aiming to lead the acceleration of Open Innovation in Asia? Its population of under six million belies its economic strength and vitality, and Enterprise Singapore is doing just that - working with a number of public and...
A wide range of industry sectors are using speech technology, helping people to save time, improve effectiveness and efficiency, and ultimately even save lives. Key sectors where advances are being made include consumer durables, automotive, healthcare, banking and...
Google is running closed beta testing for its own new app called “Task Mate.” It asks users to perform simple tasks in exchange for a payment that can be cashed out in local currency. The Task Mate app is currently available on an invitation-only basis in India and...
Crowdsourcing is increasingly acknowledged as an efficient way to pursue business objectives through harnessing the abilities, might, ideas, and creativity of groups of people who could be dispersed all around the globe. It certainly applies to marketing and branding...
Call centre users want to experience excellent customer service, and providing it is vital to the long-term success of any business. Callers want to be put through, ideally just once, to a skilful solutions provider who can address their issue quickly and accurately,...
The “work from home” revolution ignited stronger demand than ever before for mobile telecom services. Consumers are also more reliant on their mobile networks for education and entertainment during lockdowns and other periods of restricted travel. The introduction of...
Undergraduate students have been trained to classify galaxies as part of a project involving a unique space telescope that specializes in collecting infrared light. The wavelengths it will record were initially emitted by stars and galaxies as ultraviolet light more...
A donations crowdfunding project launched by a former Google employee has exceeded its $130,000 target, with contributions from over 3,000 backers. A senior software engineer claims first-hand knowledge that Google has been exercising censorship, suppressing legal...
The coming together of miniaturization that began with microfilm, the advent of digital technology, and the proliferation of personal computers and then other portable devices, has enabled governments, commercial businesses, non-profit organizations, and billions of...
The lengthy time spent by so many people working from home all around the world during pandemic lockdowns, and in the “new normal” of the immediate post-lockdown period, is often described as accelerating five years’ adoption of office-related remote working ...
Speech controlled apps and software, and voice recognition are swiftly moving from being a novelty to an everyday user expectation. Demand for voice-activated systems and devices is forecast to grow from what was a $9 billion market in 2017 to almost $32 billion by...
In the seven years since I launched Crowdsourcing Week the Covid-19 pandemic is undoubtedly the biggest, and most awful global phenomenon. The pandemic lockdowns announced by most national governments meant the worldwide pool of available skilled labor grew virtually...