New data and new insights are giving way to new data driven products and contributing to the digital economy. Companies with data driven insights to markets, buying behavior, product performance, and procedure execution are able to leverage this insight to produce and build new innovative products based on this data. These new data products can create meaningful revenue opportunities and enhance customer care and overall corporate execution.
In this week’s #ThinkChat segment Tom and I discuss how companies like GE, Monsanto, Google and Facebook are leading the way with data product innovation and how traditional smaller companies can get in on this opportunity to turn their data into new services, products and revenue streams.
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