The proliferation of e-commerce has transformed free shipping and same-day delivery from perks to table stakes — and retailers are paying the price. With daily parcel volumes surging and customers increasingly unlikely to foot the bill, companies have been tasked with finding new ways to offer speedy shipments without eating costs. BI Intelligence Among the […]
Tag: crowdsourcing
THE CROWDSOURCED DELIVERY REPORT: How crowdsourcing is helping to improve the troublesome last mile of e-commerce delivery
BI Intelligence This is a preview of a research report from BI Intelligence, Business Insider’s premium research service. To learn more about BI Intelligence, click here. As the steady rise of e-commerce pushes logistics companies and their retail partners to deliver more parcels, faster, speedy delivery is becoming a major competitive advantage. And no company has capitalized on this opening like Amazon, […]
MIT is crowdsourcing hurricane flood maps in Florida
People in Broward County, Florida have one more map to rely on this weekend as Hurricane Irma passes through the state. MIT has launched RiskMap, a crowdsourced platform meant to track and map flooding by relying on people’s social media reports, as a pilot project. The county’s residents can update the map by contacting its […]
A new sort of hedge fund relies on crowd-sourcing
“QUANT” hedge funds have long been seen as the nerdy vanguard of finance. Firms such as Renaissance Technologies, Two Sigma and Man AHL, each of which manages tens of billions of dollars, hire talented mathematicians and physicists to sit in their airy offices and develop trading algorithms. But what if such talent could be harnessed […]
For the Dollyrots, crowdsourcing fans free them from labels, keep them authentic
“People are smart enough to know if they really want to support us, they’ll come to a show, buy a shirt, or get a copy of the vinyl.” Musicians with their eyes on the prize tend to have two dreams that they prefer not be mutually exclusive: 1) Make it big, and 2) Make music […]