Innovations in Business & IT
The Digital Society & Modern Day Business
Introductory Data Analysis and Visualization
Integrating Data-Driven Approaches in Business
Learning Outcomes
The students will be able to:
explain the role of technology in business
have an understanding of tools and resources required for innovating business
understand the role of data in driving value and business processes
have a fair understanding of statistical analysis and data analytics for business
prepare analytical reports and visualizations for decision makers
Course Outline
Technology and Society: How Tech is Shaping Society and The Future
Gartner Hype Cycle
Innovation Theories
Innovation Management
Innovation Models
Disruptive Innovation
Evaluation of Innovation Models (KPIs)
Qualitative & Quantitative Evaluation of Innovation Projects
Heuristic Ideation Technique (HIT) Matrix
Q-Sorting
Estimated Commercial Value (ECV); Net Present Value (NPV)
Decision Support Systems
Decision Theory
Decision Making Algorithms
Assignment Problem - Hungarian Method
Utility Theory
Von Neumann-Morgenstern Expected Utility Axioms
Technology in Business
Cloud Computing
FinTech
Blockchain , Cryptocurrency, the Metaverse, and NFTs
Artificial Intelligence & Data Science
Data and Data-Driven Analysis for Business : Tools and Resources to Drive Value
DevOps & MLOps
Project Workflow & Data Pipelines
Version Control
Practical
Microsoft Azure Cognitive Services
Resources
The art of innovation | Guy Kawasaki | TEDxBerkeley - https://www.youtube.com/watch?v=Mtjatz9r-Vc
Innovation’s Nine Critical Success Factors - https://hbr.org/2011/07/innovations-9-critical-success
Disruption 2020: An Interview With Clayton M. Christensen - https://sloanreview.mit.edu/article/an-interview-with-clayton-m-christensen/
MLOps Principles - https://ml-ops.org/content/mlops-principles
Books
Christensen, C. M. (2013). The innovator's dilemma: when new technologies cause great firms to fail. Harvard Business Review Press.
Schaufeld, Jerry. "Commercializing Innovation." Turning Technology Breakthroughs into Products. New York: Apress (2015).
Möhring, Monika Maria. Innovation in a high technology B2B context: Exploring supply networks, processes and management. Springer Science & Business, 2014.
Kraft, Christian. User experience innovation: User centered design that works. Apress, 2012.
Sonnenberg, Henrik, and Claus Sehested. Lean Innovation: A Fast Path from Knowledge to Value. Springer Berlin Heidelberg, 2011.
Maxwell, I. E. (2009). Managing sustainable innovation: The driver for global growth. Springer Science & Business Media.