As the amount of content, competition, and subscribers in the online media space grows, Netflix is turning to machine learning to provide a more entertaining experience for its customers. While they are investing heavily in their proprietary recommendation engine and enjoying the benefits of increased customer retention, questions are emerging around how far into customer profiling a machine learning algorithm should ideally go.
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Printing the Future: Ford Motor Company’s New Production Process
The rise of additive manufacturing (also known as 3D printing) promises to revolutionize how companies build products. Ford Motor Company is revolutionizing the very production processes it popularized by adopting 3D printing and a renewed vision of cost savings and product innovation.
How Spotify Beat Apple, Amazon, and Google Using Machine Learning
In an era in which Apple, Amazon, and Google are dominating the technology world, Spotify has succeeded in besting all of them in the music streaming industry. The question is then, how is Spotify able to fend off its major competitors, who are much more established in the technology industry?
If you can’t avoid the change – lead it. PepsiCo is betting on the wisdom of crowds to build a future of food industry.
In a search for new products and global trends in food and beverages industry PepsiCo is turning to open innovation
Equipping the Revolution: Hardware Wars in the Age of Machine Learning
In the machine learning gold rush, Amazon, Google, and Microsoft are competing for cloud computation dominance. Currently second in the market, Microsoft is poised to gain significant market share through its major investment in FPGAs (field-programmable gate arrays) for advanced, deep neural network applications.
Xiaomi: Fueled by Open Innovation
“We must curb the tendency for greed and win absolute trust from consumers. So we’re now deliberating, I think we may write this into the company charter, that we will not, in perpetuity, exceed a certain number of percentage points in profit on our hardware. Our target is just this one or two percentage points. We want all consumers who buy our products not to hesitate.” Lei Jun, CEO and Founder, Xiaomi [12]
Open Innovation at General Assembly
General Assembly utilizes an open innovation network of employers and students to develop coursework and constantly expand their innovative online curriculum
Machine Learning and the Future of Agriculture
The world faces a fundamental food problem: quantity versus quality. For the last several decades these two notions have been at odds, with the gap widening. What can put a stop to this?
Customization vs. Scale – How BMW Imagines the Future of Cars
BMW Group seems to regard additive manufacturing as a source of new products and innovative business models rather than a manufacturing process to resolve existing issues.
Machine Learning: Powering the Insurance Industry’s “Buy It Now” Button
The rise of big data and machine learning has created new opportunities for incumbent insurers and competitors alike.