Crowdsourcing is not only used for relatively simple tasks such as designing a Web site or...
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Crowdsourcing is not only used for relatively simple tasks such as designing a Web site or designing a case for a smartphone. Today, it is increasingly being used in more complex designs as well. Precyse Technologies provides supply-chain products and solutions that assist organizations in tracking their inventories using RFID technology. It was having difficulty improving the performance and battery life of a particular RFID device; there were not adequate internal resources to tackle the problem. So, Precyse asked InnoCentive, a crowdsourcing provider, for assistance, believing that crowdsourcing would provide quick access to a worldwide talent pool and a higher return on investment (ROI). Ultimately, the company received more than 300 ideas from global experts for solving its problem. It narrowed the pool down to three finalists, from which a winner was chosen. The whole process took approximately four months, and Precyse estimated that it saved the company $250,000. Answer the following questions in a Microsoft® Word document and save the file on your computer with your last name in the file. (Example: module_10_case1_Jones.doc) 1. What are some typical applications of crowdsourcing? 2. What are some advantages of crowdsourcing? 3. How could crowd-sourcing reduce the systems design cost? 4. Are there certain problems you would not want to use crowdsourcing to solve? Crowdsourcing is not only used for relatively simple tasks such as designing a Web site or designing a case for a smartphone. Today, it is increasingly being used in more complex designs as well. Precyse Technologies provides supply-chain products and solutions that assist organizations in tracking their inventories using RFID technology. It was having difficulty improving the performance and battery life of a particular RFID device; there were not adequate internal resources to tackle the problem. So, Precyse asked InnoCentive, a crowdsourcing provider, for assistance, believing that crowdsourcing would provide quick access to a worldwide talent pool and a higher return on investment (ROI). Ultimately, the company received more than 300 ideas from global experts for solving its problem. It narrowed the pool down to three finalists, from which a winner was chosen. The whole process took approximately four months, and Precyse estimated that it saved the company $250,000. Answer the following questions in a Microsoft® Word document and save the file on your computer with your last name in the file. (Example: module_10_case1_Jones.doc) 1. What are some typical applications of crowdsourcing? 2. What are some advantages of crowdsourcing? 3. How could crowd-sourcing reduce the systems design cost? 4. Are there certain problems you would not want to use crowdsourcing to solve?
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ANSWERS 1 Some typical applications of crowdsourcing include Design and development eg web app and p... View the full answer
Related Book For
Introduction to Governmental and Not for Profit Accounting
ISBN: 978-0132776011
7th edition
Authors: Martin Ives, Terry K. Patton, Suesan R. Patton
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