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Gary Loveman, an economist who became CEO of Caesars Entertainment, demands that his employees operate the business by analyzing data rather than leaning on hunches.
Software that scans documents and online posts can uncover correlations or reveal what customers really think.
Researchers are tapping computational social-analysis tools to sell drugs and promote health.
Software finds hidden business insights in Web and phone logs, e-mail, and network traffic.
Technologies for analyzing mundane smart-phone data trails could prove a boon to business, researchers say.
HP Labs seek technology from around the world for next-generation smart printers, optical chips, wireless nano sensors, and more.
General Electric and startup companies alike say they benefited from the company’s call for ideas about the smart grid.
Offering your best ideas to others may sound like bad business. But it’s better than keeping them under wraps, explains Henry Chesbrough, the father of open innovation.
Two management consultants explain what successful companies have done to prepare for a world of constant Internet connectivity.
For a growing number of businesses, government subsidies and decreasing costs are making the technology cost-effective.