A Day of Insights When Crowds Meet Enterprise

The third annual Crowdsourcing Week Global Conference (Day 2) kicked-off with the theme “Business Meets Crowds: The Billion Dollar Opportunity.” Hundreds of delegates and crowd economy influencers and thought leaders from Singapore, Japan, Philippines, USA, UK, India, Belgium, and Canada, among others attended the rapid-fire sessions. The concept of crowdsourcing or crowd economy was explored further to understand its impact on the corporations, businesses, society and disaster relief assistance.

Speakers and panelists discussed the current trends and statistics, case studies, and tools that are creating new opportunities in billion dollar industries and how crowdsourcing could boost innovation, platform thinking, market intelligence, and collaboration. Shelley Kuipers of Better Ventures, Reinaldo Pamponet of ItsNOON, Roland Harwood of 100% Open, and Erica Van Lieven of Direction First facilitated the four special sessions, #BREAKTHROUGH, #HOTTOPIC, #COLAB, and #ACCELERATE.

Wrapping up day 2, here are some of the quotable and tweetable insights from the speakers:

[Tweet “”Crowdsourcing disrupts businesses because there is value there.” – @LPlus”]

[Tweet “”In 2015, get ready to see massive adoption of the #crowdeconomy.” – @SeanMoffitt”]

[Tweet “”Crowdsourcing is not a decision making tool, it’s an engagement tool.” – @JoanneCelens”]

[Tweet “”We need more BIG ideas, not more ‘crowdsourcing platforms,’ who cares? Airbnb is a BIG idea.” – @shelleykuipers”]

[Tweet “”Economies of scale is being replaced by economies of platform.” @samarsingla”]

[Tweet “We’re becoming from society based on property ownership to access ownership.” – @rpamponet”]

[Tweet “”Are you a spectator or a protagonist?” – @rolandharwood”]

[Tweet “”If you can click ‘like’ on a Facebook photo, you can be a digital humanitarian.” – @patrickmeier”]

[Tweet “”85% of world’s best brands are today leveraging crowdsourcing.” – @joelcere”]

[Tweet “”Crowd funding can be facilitated by cloud computing but is not necessary.” – @trubern”]

[Tweet “”We are moving from a downloading culture to an uploading culture.” – @wilmerritt”]

Care to join the conversation on Twitter? Don’t forget to tag @CrowdWeek using the hashtag #CSWGlobal15