In part three of the six part series, The History of Big Data Analytics, we explore how incorporating product performance intelligence from big data can help companies keep pace with innovation.
The speed of innovation is always increasing. In 1961, Information Scientist Derek Price concluded that the number of new scientific journals has grown exponentially rather than linearly. Today, products are developed at ever increasing rates, causing the latest technologies to be obsolete in months.
To keep pace with the speed of innovation, products must incorporate customer feedback almost instantly.