Wednesday, February 3, 2016

What is Crowdsourcing ?

     Crowdsourcing is the practice of engaging a ‘crowd’ or group for a common goal — often innovation, problem solving, or efficiency. Crowdsourcing can take place on many different levels and across various industries. Thanks to our growing connectivity, it is now easier than ever for individuals to collectively contribute — whether with ideas, time, expertise, or funds — to a project or cause. This collective mobilization is crowdsourcing.

         This phenomenon can provide organizations with access to new ideas and solutions, deeper consumer engagement, opportunities for co-creation, optimization of tasks, and reduced costs. The Internet and social media have brought organizations closer to their stakeholders, laying the groundwork for new ways of collaborating and creating value together like never before. 

WHERE CAN CROWDSOURCING BE APPLIED?


        Crowdsourcing touches across all social and business interactions. It is changing the way we 

work, hire, research, make and market. Governments are applying crowdsourcing to empower 

citizens and give a greater voice to the people. In science and health care, crowdsourcing can 

democratize problem solving and accelerate innovation. With education, it has the potential to 

revolutionize the system, just as crowdfunding is currently challenging traditional banking and 

investing processes. It’s a 21st-century mindset and approach that can be applied in many areas and 

many ways to:

  • Accelerate Innovation
  • Share Ideas
  • Reinvent Business Models
  • Co-Create
  • Engage Consumers or Citizens
  • Reinvent Work Models
  • Save Cost
  • Increase Efficiency
  • Reinvent Financial Models

What can be crowdsourced? 


The short answer is, a collaborative or crowd-centric approach can be applied to everything. But here are just a few areas where it has had significant impact and huge potential:
  • Enterprise
  • Education
  • Government
  • IT
  • Finance
  • Entrepreneurship
  • Marketing
  • Science & Health
  • Social Enterprise & NonProfit
References : Crowdsourcing week , 2016 (http://crowdsourcingweek.com)


By: Bijay Tamang

9 comments:

  1. This is such a well-written introduction to crowd-sourcing - nicely done! I'd be interested in hearing more about crowdsourcing can be applied in the education and government sectors; do you think that there are certain projects or functions that would be optimal to approach in a crowdsourcing way?

    Looking forward to your future posts!

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    1. Bitcoin could be a pretty good example. It is a digital currency. Bitcoin is open-source,its design is public, nobody owns or controls Bitcoin and everyone can take part. So, no central authority or banks.

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  2. Thanks for getting us started BJ. I will explore the Science and Health portion of crowdsourcing in this blog (under IT6753 blog) in a few weeks. I am particularly interested on how crowdsourcing can be effectively used on both ends of the scientific process. How well can we source for ideas, theories, and breakthroughs? How effective is crowdsourcing at peer review? The idea struck to look at both the front and back end of the process struck me when I read about how crowdsourcing was used during the Haitian disaster to both promote the case for aid (crowdsourced pictures and compelling stories) and to collect the funds (widespread, small donations).

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    1. Sounds good Jesse. Science and health are pretty interesting area for crowdsourcing. Haiti could be a good start.

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  3. Very Interesting and informative post! Thanks a lot for sharing it. I think the main advantage is providing access to new and innovative ideas and also the low cost, compared to the cost of hiring a professional.
    Looking forward to reading your future posts!

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  4. It is very interesting topic which I did not know about it before and did a little bit research about it and found very nice explanation about it that "Crowdsourcing is a term used to describe the process of getting work or funding from a large group of people in an online setting. The basic concept behind this term is to use a large group of people for their skills, ideas and participation to generate content or help facilitate the creation of content or products. - See more at: http://www.businessnewsdaily.com/4025-what-is-crowdsourcing.html#sthash.DcTS4Edy.dpuf"
    Thanks for bringing this topic up , good job.

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  5. This is a good start for a very beneficial blog! I believe that crowsourcing should have a managed and focused crowd, because that helps in taking the business to a higher level. The crowd should be built, marketed and unified, alongside a good web platform in order to attract users.

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    Replies
    1. Crowdsourcing basic foundation is the crowd is pledged to serve. So working together and being part of it is what drives it forward.

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