Corporate Entrepreneurship is broadly described as the process whereby an individual or a group of individuals, in association with an existing organization, create a new organization or instigate renewal or innovation within that organization. This definition includes two aspects of CE, a new business creation within existing organizations and renewal of the current strategy of the corporation. The vital notion is that corporations must capitalize on the entrepreneurial thinking of the managers to chase future evolution under changing and uncertain environments. Overall, studies suggest that Corporate Entrepreneurship activities are composed of three areas: idea generation, selection, and implementation or retention. Autonomy is an integral and central part of CE.… Read the rest
2021 has been another year that has been difficult for businesses as many are still feeling the effects of the ongoing global issues. This has led to many looking to diversify their offerings to create new opportunities. One resounding area of growth that many have been capitalizing on is the introduction of cryptocurrency and NFTs, also known as Non Fungible Tokens.
Samsung is just one of the names that have announced that they will be offering their customers the option to purchase some of these verified digital assets via their latest line of smart televisions. Rather than being fungible, like cryptocurrencies, the NFT is a piece of digital content which, although linked to the blockchain, are not interchangeable, meaning no two can be the same.… Read the rest
Augmented reality refers to the utilisation of computers to modify reality, usually in order to provide additional assistance when a human user is interacting with the real environment. The real world around humans provides a wealth of information which the human user must absorb and process through their senses. The most useful and informative of all human senses is the sense of vision and a huge amount of information about the ambiance is required to be sensed as well as processed by the human visual system. Computers are useful because they can provide an overlay of information to assist with the human processing of the information which they perceive through their senses, mostly the visual sense.… Read the rest
By 2025, it is predicted that the value of data will increase by 10-fold. Virtually, every branch of industry or business will generate vast amount of data. Thus, the world will experience an aggressive growth and data could be a missed opportunity when not being utilized. And to make matter worse, the rate of collecting and storing data is faster than the ability to use them as a tangible decision-making. With the help of ever-growing technology, visionaries are creating visualization methods to help turning raw data with no value to an informative data.
Big data has served a purpose for organizations to optimize their businesses.… Read the rest
It has become essential for organizations across the world to deploy the latest technology and information systems to understand customers and answer real business problems whilst delivering the best service to their customers. As economies are moving towards a more digitalized ecosystem, the value of data has grown exponentially. Businesses acquire data from a number of sources such as social media sites, online polls, cookies, etc., to assess online activities, find new ways to target customers and monetize the data. Such data often includes personal and sensitive personal information, which if compromised or misused can cause immense harm and thereby a threat to privacy.… Read the rest
With the proliferation of opinionated content on the web, this particular application of natural language processing – Sentiment Analysis (Opinion Mining) is used to determine the sentiment of the given speech or text is gaining more popularity. In layman’s term sentiment analysis aims at identifying and classifying spoken words or written text as positive, negative or neutral.What is Sentiment Analysis?
In the field of Natural language processing, sentiment analysis also known as opinion mining is task of classifying a given text as positive, negative or neutral based on the opinion or subjectivity of the text. Sentiment analysis can be considered a sub filed of text classification which involves classifying a text in to predefined categories.… Read the rest