How can a large quantity of data from diverse sources be used to make predictions or inform decision-making efforts?
This is an Ideation Challenge with a guaranteed award for at least one submitted solution.
As technologies advance and communications become increasingly prevalent, the flow of information in the world is growing rapidly. How can this information be used to support decision-making efforts and predict future outcomes? The Seeker is searching for a strategy that uses a wide array of information to find meaningful trends, given data from diverse sources.
This is an Ideation Challenge, which has the following unique features:
After the Challenge deadline, the Seeker will complete the review process and make a decision regarding regards the Winning Solution(s).All Solvers who submitted a proposal will be notified on the status of their submissions; however, no detailed evaluation of individual submissions will be provided.
What is an InnoCentive Ideation™ Challenge?
An InnoCentive Ideation™ Challenge is a broad question formulated to obtain access to new ideas, similar to a global brainstorm for producing a breakthrough idea or market survey which may include ideas for a new product line, a new commercial application for a current product, or even a viral marketing idea to recruit new customers. Ideation™ Challenge submissions are typically about two written pages, and Seekers receive a non-exclusive, perpetual license to use all submissions.
In an Ideation™ Challenge, Solvers may:
Solvers should not reveal any confidential information in their submissions. Often the Ideation™ Challenge will be followed by one or more of the other three Challenge types to further develop the ideas and gain Intellectual Property protection when the concept has been well-defined.