crowd funding

Top 5 Toy Innovations Crowdsourced by LEGO IDEAS

Top 5 Toy Innovations Crowdsourced by LEGO IDEAS

Crowdsourcing is basically putting questions or tasks out in the open to a large group of people to receive their input for the sake of innovation. Toy bricks company LEGO is included in most search results of global companies that use crowdsourcing. After finding...

Top 5 Ways Crowdsourcing is Transforming the Workplace

Top 5 Ways Crowdsourcing is Transforming the Workplace

Crowdsourcing is having an ever-increasing impact on businesses. That’s whether an established company is integrating crowdsourcing into its processes, often through accessing collective intelligence, or a new business is based from the outset on crowdsourcing...

How To Predict Crowdfunding Success Through Data Analysis

How To Predict Crowdfunding Success Through Data Analysis

Predicting crowdfunding success is a rapidly evolving field, and analysis of big data from various sources is becoming increasingly powerful for this purpose. An academic study concluded that the success of crowdfunding projects can be predicted by measuring and...

Why Crowdsourcing is the Key to Uncovering Cybersecurity Threats

Why Crowdsourcing is the Key to Uncovering Cybersecurity Threats

Finding and patching cybersecurity threats and vulnerabilities before cybercriminals take advantage of them is difficult but crucial. As the speed of cybercrime advances, it’s becoming all the harder to keep pace, too. Amid these rising threats, crowdsourced...

Crowdsourcing IPs For Stunning Ideas And Terrific Breakthroughs

Crowdsourcing IPs For Stunning Ideas And Terrific Breakthroughs

In our fast-paced and interconnected world, innovation is the key to staying competitive and relevant. Businesses, research institutions, and creative minds worldwide are continuously searching for novel ideas and breakthroughs to drive progress. One powerful approach...

6 Advantages of Crowdtesting to Enhance Your Software Quality

6 Advantages of Crowdtesting to Enhance Your Software Quality

Software testing is a crucial aspect of the software and app development process, ensuring that applications and systems work as intended and are free of defects. While in-house testing teams have been the traditional go-to for quality assurance, crowdtesting has...

Trends You Need to Know in the Creator Economy

Trends You Need to Know in the Creator Economy

In today's digital age, the Creator Economy is reshaping how content is produced, consumed, and monetized. With a growing number of individuals becoming content creators and innovators, the landscape is rapidly evolving. This Crowdsourcing Week blog explores the...

Unleashing the Power of the Crowd for CPG and FMCG Brands

Unleashing the Power of the Crowd for CPG and FMCG Brands

Packaged grocery brands operate in highly competitive markets where innovation and customer engagement are key. In various markets these products are often referred to as CPG (Consumer Packaged Goods), or FMCG (Fast Moving Consumer Goods). Whatever the product sector...

Humanizing your brand through crowdsourcing

Humanizing your brand through crowdsourcing

Crowdsourcing is a powerful tool to help humanize a brand, which enables a better customer experience. By involving audiences in a range of business processes and initiatives it’s possible to build a sense of community, foster a more personal connection, and boost...

The Top 10 Crowdfunding Projects on Kickstarter and Indiegogo

The Top 10 Crowdfunding Projects on Kickstarter and Indiegogo

Reward-based crowdfunding platforms led by Kickstarter and Indiegogo have revolutionized the way entrepreneurs and innovators bring their ideas to life. Although both platforms began as platforms based on raising finance for arts projects, they soon expanded to...

The largest superpower? Crowds, and here is why

The largest superpower? Crowds, and here is why

With greater diversity also comes a greater collective intelligence Crowds can be a powerful force and can influence the outcomes of many events. Harnessing crowd power in business can bring disproportionate benefits. Unlike employees, a randomly drawn crowd does not...

Exploit Crowdtesting To Improve IoT Devices And Applications

Exploit Crowdtesting To Improve IoT Devices And Applications

Crowdtesting can be a valuable approach for testing and improving Internet of Things (IoT) devices and applications. IoT involves interconnected devices and systems from everyday household items to industrial machinery, that are connected to the internet and are...

How Tech is Shaping Content Creation for Crowdsourcing Efforts

How Tech is Shaping Content Creation for Crowdsourcing Efforts

Content marketing is becoming a more essential strategy for organizations to succeed. Creating and sharing relevant articles, videos, infographics, podcasts, and other media can grow your business as these catch people’s interest and build trust. Case in point, 80% of...

Unlocking the space frontier with crowdsourcing

Unlocking the space frontier with crowdsourcing

Space exploration, and the exploitation of more affordable access to “near space,” both provide tremendous opportunities for innovation. Mass data generated by new technology can be analysed by artificial intelligence faster and more robustly to provide meaningful...

The core DNA of crowdsourcing…transparency

The core DNA of crowdsourcing…transparency

Crowdsourcing is the practice of engaging a ‘crowd’ or group for a common goal — often innovation, problem solving, or efficiency. Crowdsourcing can take place on many different levels and across various industries. Thanks to our growing connectivity, it is now easier...

From Bugs to Brilliance: How Crowd Testing Elevates Software Quality

From Bugs to Brilliance: How Crowd Testing Elevates Software Quality

Data shows that, on average, 40% of users abandon a website if it takes more than 3 seconds to load (source: Toptal). Yet at the same time, digital product and service providers are continually up against time to bring their offerings to the marketplace ahead of their...