Innovation through Effective and Novel use of IT & BPI

Technological Revolution ?Information age ? brought about by: ?Low-cost processing, storage, information sharing ?Shared & integrated data ? Increasingly more sensors & data sources From data collection to data use ??Data mining??analyzing the huge volumes of data ?Key example used in MBAs: ?Wal-mart, Google Explosion of data, trickle of information ?Paralysis of action Outline Trying to provoke- What drives innovation now? ?Challenges in mining Data Action Approach ?Examples from research & consulting upon request Conclusions ?Unaddressed challenges (Research Opportunities)