Remove Data Remove Finance Remove Productivity Remove Travel
article thumbnail

Customer intent is a treasure trove of actionable data hiding in plain sight

1 to 1

According to IDC analysts, businesses were estimated to have spent $215 billion in 2021 on big data and business analytics solutions, a 10% increase over 2020. At the same time, data models for understanding customer intent and other insights are not infallible; even data-driven companies are a constant work in progress.

Data 29
article thumbnail

Sustainable Aviation: Emerging Trends and Opportunities

Tom Spencer

While electric vehicles are already replacing conventional automobiles, no electric aircraft is ready for large scale commercial production that can usher in a sustainable revolution in aerospace. Sub-orbital travel, popularized in 2021 by Jeff Bezos, Richard Branson, and Elon Musk, is projected to become a $3.5 Technology Advancement.

Trends 88
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Sometimes “Small Data” Is Enough to Create Smart Products

Harvard Business

When thinking about practical applications for artificial intelligence in your business, it’s easy to assume that you need vast amounts of data to get started. AI is fueled by data, and so it only makes sense that the more data you have, the smarter your AI gets, right? Not exactly. Insight Center.

Data 28
article thumbnail

What is consulting?

Tom Spencer

When people think of consultants, they tend to visualize professionally suited employees, degrees from the best schools, high pay-checks and fancy travel stories. This might include advice on asset management, tax structuring, or capital structuring to reduce financing costs and sources of risk (e.g. What value do consultants provide?

article thumbnail

4 Different Strategy Perspectives to Consider at Your Next Strategy Retreat

LSA Global

Just as when you plan to travel in unfamiliar territory and need to research information on local customs, requirements, and safety to set your trip up for success, executive teams need to comprehensively consider strategy assumptions and context from different angles. What role should customer satisfaction and loyalty play in our strategy?

article thumbnail

An Overview of Business Development Consulting

Tom Spencer

Business development consultants engage in ‘prospecting’ which involves searching for potential customers who are likely to be a good fit for the product or service being offered. We prefer your competitor’s product. The important part is finding potential customers who have problems that your client can solve. Who are you?

article thumbnail

Government Contracts Pricing Strategy – Ten Dynamic and Synergistic Pricing Practices

Granite Leadership Strategies

Harvest cost/pricing data. It is time to break open the accounting system and harvest past performance cost and pricing data. This data is a key enabler to credible bases of estimates and proof of cost reasonableness. The data helps the pricing team to answer basic pricing questions such as: How many hours does it take?