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379: Product strategy is changing. Are you ready? – with Ron Adner, PhD

Product Innovation Educators

A classic test for strategy is, “Do you know what you need to do and what you need to not do?” Take the automotive industry. In the automotive supply chain, there’s a huge amount of interdependence, but the structure of the interdependence has been stable. 2:59] Make this simple—what is strategy?

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Launching a Multi-Sided Marketplace? Why Design Sprints are Essential

Mind the Product

It’s important that anyone thinking of launching a marketplace thoroughly tests their viability, feasibility, and lovability with customers in order to mitigate the risk and cost of building a marketplace – which is one reason why a design sprint is essential. Transparency is good – but transparency challenges a business in many ways.

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Top 7 Companies to Hire Remote Developers For Your Team

The Product Coalition

Their list of services spans mobile apps and web development, Salesforce CMS solutions, digital marketing, IoT and AI, and testing and quality analysis. They have several engagement models to choose from depending on company needs, including full-stack, independent testing and maintenance teams.

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What it Really Takes to Complement Your Core Business With a Digital Product

Innovatemap

PERQ first launched their product to the automotive industry because they were familiar with that buyer and understood their pain points. Steph’s product team tested and tweaked the product, received feedback , and made improvements. Sell on results, not on custom solutions. And that was great. It sold wonderfully.

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The Shopping Cart Abandonment Problem: How Machine Learning Can Help!

The Product Coalition

Consumer goods has the lowest shopping cart abandonment rate while Travel companies, automotive industry, fashion and luxury products have the most abandoned carts. The training process involves taking the historical data, splitting that in to train and test data segments. All these data are properly merged.

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470: Strategies for enhanced product innovation in organizations – with Andy Binns

Product Innovation Educators

He looked at problems in science, automotive, cryptocurrency, and gaming consoles. You still need to do hypothesis testing, but you need a plan for distribution channels and routes to market. [25:13] He decided to find the areas in the world where we can solve problems better than anybody else.

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AI Product Management: Why Software Product Managers Need to Understand AI and Machine Learning

ProductPlan

Whether companies dip a toe in AI waters or take a full-on plunge, AI initiatives are taking root everywhere–from automotive and retail to education and healthcare. Korean biotech company Seegene recently put AI technology to use in developing a test kit for the novel coronavirus.