Forum discussions considered the implications of new data-related technologies anddevelopments that are revolutionizing the basic three-step innovation process in thefigure below. As massive amounts of varied data become available in many fields, data generation (step 1 in the process) is transformed. Continuing technologicaladvances are bringing more powerful analytics and changing analysis possibilities(step 2 in the process). And approaches to new decision making include intelligentmachines that may, for example, guide human decision makers. Additionally, datamay be automatically generated on actions taken in response to data analytic results, creating an evaluative feedback loo
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