May 5, 2020
How Swarm Intelligence Blends Global and Local Insight
How Swarm Intelligence Blends Global and Local Insight
Source | sloanreview.mit.edu | Mark Purdy | Ray Eitel-Porter | Max Klymenko
Traders deciding on the next big market bet. A navigation app quickly mapping out a less-explored area. Fashion brands choosing the hottest color of the season. An airport managing flight delays.
What do these scenarios have in common? In each one, swarm intelligence blends global and local insight to improve how…
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#Algorithms#Ant Trail#Artificial Intelligence#Broader ecosystem#Business Model#Crowdsourcing#Data Analytics#Disruption#Floating resource#Global insight#Growth#Growth Strategy#Innovation#Innovation Analytics#Insect kingdom#Key operational goal#Local Insight#Performance Analytics#predictive analytics#Strategy#Success factors#Swarm Intelligence#Swarm Organization