Strategy to Assimilate Unstructured Information

How can a large quantity of data from diverse sources be used to make predictions or inform decision-making efforts? This is an Ideation Challenge with a guaranteed award for at least one submitted solution.

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InnoCentive Challenge ID: 9932821, AWARD: $10,000 USD, DEADLINE: 11/25/11

Challenge Overview

As technologies advance and communications become increasingly prevalent, the flow of information in the world is growing rapidly. How can this information be used to support decision-making efforts and predict future outcomes? The Seeker is searching for a strategy that uses a wide array of information to find meaningful trends, given data from diverse sources.

This is an Ideation Challenge, which has the following unique features:

• There is a guaranteed award. The awards will be paid to the best submission(s) as solely determined by the Seeker. The total payout will be $10,000, with at least one award being no smaller than $5,000 and no award being smaller than $1,000.
• The Solvers are not required to transfer exclusive intellectual property rights to the Seeker. Rather, by submitting a proposal, the Solvers grants to the Seeker a royalty-free, perpetual, and non-exclusive license to use any information included in this proposal. Please refer to the Challenge Specific Agreement for a complete description of the license terms.

After the Challenge deadline, the Seeker will complete the review process and make a decision regarding regards the Winning Solution(s). All Solvers who submitted a proposal will be notified on the status of their submissions; however, no detailed evaluation of individual submissions will be provided.

https://www.innocentive.com/ar/challenge/9932821