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Crowdsourcing: Pick The Brains Of World's Best
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Muthu LeesaJ889
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Muthu LeesaJ889,
User Rank: Apprentice
2/18/2014 | 5:44:05 AM
Nice post Narinder
In this era lead by social media, there is no doubt that crowdsourcing will find its success. The very idea of crowdsourcing itself brings in a collective sense of ownership for both sponsors and partcipants. Incorporating ideas from your target market in your app will ensure a certain level of reception of the app. Here are five reasons why crowdsourcing will work wonders for you: http://mlabs.boston-technology.com/blog/5-reasons-why-crowdsourcing-can-work-wonders-for-your-mobile-app-idea
Laurianne
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Laurianne,
User Rank: Author
9/24/2013 | 4:45:27 PM
re: Crowdsourcing: Pick The Brains Of World's Best
Our readers would find a follow-up column on this topic intriguing, so please have at it, Narinder. And thanks for lending your voice to this discussion.
Juan MarioI563
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Juan MarioI563,
User Rank: Apprentice
9/23/2013 | 9:59:33 PM
re: Crowdsourcing: Pick The Brains Of World's Best
Really interesting Narinder, thanksGă´!Gă´

I think that you would be really interested in some recent research that I have come across about crowds and citizen science.Gă´ Gă´In particular I feel you may find these two emerging pieces of research very relevant:

- The Theory of Crowd Capital
http://papers.ssrn.com/sol3/pa...

- The Contours of Crowd Capability
http://papers.ssrn.com/sol3/pa...

Powerful stuff!
nsingh944
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nsingh944,
User Rank: Apprentice
9/23/2013 | 6:09:18 PM
re: Crowdsourcing: Pick The Brains Of World's Best
Great question, and probably best for an entire post ! One of the things I imagine we will see is more repeatability by specific units of work (e.g. I need a consumer mobile app front end built for iOS) including pricing, duration, expected results, etc. Market metrics will create transparency for this kind of work through crowdsourcing communities, but more importantly it will push over into the market overall - helping productize services (either into assets or better known units).
nsingh944
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nsingh944,
User Rank: Apprentice
9/23/2013 | 5:59:03 PM
re: Crowdsourcing: Pick The Brains Of World's Best
It doesn't have to be just for the largest companies, but they tend to see value easier because of their scale and have time to setup the problems for a crowd to work on. But neither of those are true by default. Check out this Harvard Medical school result (I know another high level brand :-) http://www.topcoder.com/wp-con... - if they were lesser known they may have had to pay a bit more to get the same participation, or they would have gotten less, but the results were still much much better than where they were. Its about getting multiple perspectives on a problem and recognizing that the best minds for a specific problem has huge variance (not the same 100 people every time). We've got a ton of lesser known company examples, but ironically folks tend to be less interested in reading those ;)
Laurianne
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Laurianne,
User Rank: Author
9/23/2013 | 4:50:39 PM
re: Crowdsourcing: Pick The Brains Of World's Best
A follow-up question: How might crowdsourcing look different in a few years?
ChrisMurphy
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ChrisMurphy,
User Rank: Author
9/23/2013 | 3:53:10 PM
re: Crowdsourcing: Pick The Brains Of World's Best
But if I'm not the International Space Station, or GE, or some other giant, how do I get the world's best brains to work on my crowdsourced big data problem? Those brains probably have a lot on their mental plates already. (BTW, congrats on the TopCoder acquisition, Narinder)
OtherJimDonahue
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OtherJimDonahue,
User Rank: Apprentice
9/23/2013 | 3:40:23 PM
re: Crowdsourcing: Pick The Brains Of World's Best
An interesting take. The world continues to get smaller and smaller, doesn't it?

Thanks for the link re: the ISS, a story I'd missed--this kind of thing shows incredible promise.


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