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Data collection isn’t the problem: It’s what companies are doing with it

TechCrunch

Nearly all digital businesses collect some type of data from their users, so there has been growing concern from privacy rights groups about how that data is used. Yet, data collection is not wrong in and of itself.

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8 Steps to Making Better Business Decisions

Entrepreneurs' Organization

Falling into confirmation bias—a cognitive bias in which we choose to ignore uncomfortable information, Kodak’s leadership overlooked the reality of a major market shift. Collect relevant information from a range of informed perspectives on the issue. Their competitors took advantage—and Kodak went bankrupt in 2012.

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ACA Receives an NSF Award to Connect Early Stage Capital to Deep Tech Innovations

Angel Capital Association

This award, Connecting Early Stage Capital to the Deep Tech Innovation Ecosystem, will conduct activities related to data collection, investor education and investor activation in the Deep Tech sector. Visit us online at angelcapitalassociation.org.

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Fintech companies must balance the pursuit of profit against ethical data usage

TechCrunch

Fintech holds the potential to fundamentally transform the financial services industry, enabling financial institutions (FIs) to operate more efficiently and deliver superb user experiences (UX). Data is the grand prize for Big Tech, not revenue from financial services. Traditional banks miss the digital mark.

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How to Get Started Mapping Your Entrepreneurial Ecosystem [Updated]

Ecosystem Builder Hub

It can be used as a storytelling tool to enable ecosystem organizations to see the different onramps and paths that different founders take, and identify what’s working as well as gaps that need to be addressed. Defining Categories of Information. In my initial effort I collected all of the resource information that I could find.

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How AI Will Shift Customer Experience to the Next Level

Startup Grind

This is the reason why they looking toward incorporating AI to provide an intelligent, convenient and informed CX at any point along the customer journey. As per a prediction made by IDC (International Data Corporation), by 2019, 40% of digital transformation initiatives will be supported by some sort of cognitive computing or AI effort.

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Sydney-based startup Upflowy raises $4M to optimize web experiences with its no-code solution

TechCrunch

The Covid-19 pandemic has affected consumers’ behaviors and purchasing patterns; data-driven decision-making is even more crucial to ensure that companies’ products or services genuinely benefit users in times of uncertainty. Upflowy thinks it has the tools to help businesses generate high-performing user flow.

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