Application Programming interface or API is a way to connect your website / application with another website / application for the exchange of data. E.g.Facebook API
Peer-to-Peer Network is a group of computers, each of which acts as a node for sharing files within the group. Instead of having a central server to act as a shared drive, each computer acts as the decentralised server for the files stored in it. E.g. Bitcoin
Biometrics refers to metrics related to human characteristics. Biometrics authentication is used in computer science as a form of identification and access control. It is also used to identify individuals in groups that are under surveillance.
Near Field Communication is a set of communication protocols that enable two electronic devices, one of which is usually a portable device such as a smartphone, to establish communication by bringing them within 4 cm (1.6 in) of each other.
Dark Web is the part of the world wide web that is only accessible by means of special software (TOR), allowing users and website operators to remain anonymous or untraceable.
Visual Search Engine
Visual Search Engines are designed to search for information on the world wide web through the input of an image or a search engine with a visual display of the search results.
Beacons are hardware devices which allow Mobile Apps (running on both iOS and Android devices) to listen for signals from beacons in the physical world and react accordingly. iBeacon is the name for Apple’s technology standard.
Advanced Machine Learning is the subfield of computer science that gives computers the ability to learn without being explicitly programmed.
Crowdsourced Data is the practice of obtaining needed services, ideas, or content by soliciting contributions from a large group of people and especially from the online community rather than from traditional employees or suppliers.
A software add-on that is installed onto a program, application or browser, enabling it to perform additional features. E.g. Chrome Adblock Extension
Marketing Intelligence Platforms
Marketing Intelligence Platforms are the information relevant to a company’s markets, gathered and analysed specifically for the purpose of accurate and confident decision-making in determining strategy.
Stock Exchanges are organised and regulated financial market where securities (bonds, notes, shares) are bought and sold at prices governed by the forces of demand and supply.
Google trends are a public web facility of Google Inc., based on Google Search, that shows how often a particular search-term is entered relative to the total search-volume across various regions of the world, and in various languages.
A backpack that uses a fitness tracker to count your steps and posts to your social networks. Compete in leagues to see who is the fittest!
YOUR INNOVATE GUIDE
Write it down on a piece of paper or in the text box below each question
Give your idea(s) a name!
Is it a smart object, service, a tool or a combination?
Write a simple one-line description. This will help when pitching to the rest of the team!