The 84th Edition of the analytics, ChatGPT, creativity quiz from YourStory is here to test your business acumen. The questions are derived from real life experiences of entrepreneurs and innovators. You’ll get to find out what they actually did by the time you’re done. So, sharpen your business skills and put your thinking caps on!
To get the ball rolling, here are five daunting yet exciting questions from the quiz.
The lack of availability of machinery performance data has caused disruption to businesses with increased shopfloor delays and breakdowns. So, how can technology bridge this gap and what are the tangible effects?
ChatGPT is gaining attention among students as a generative AI tool. However, these tools can also be beneficial to teachers. How can ChatGPT help them in their teaching careers?
Descriptive and predictive analytics are popular among business people. But, how can analytics provide the extra needed edge over competitors?
During the COVID-19 lockdowns, some ventured to become amateur chefs, while a few seized the chance to make it a business. How can this work?
Finally, many parents overlook the potential of toys as learning tools. How does robotics fit into this?
Now, moving on from the questions, let’s look at the solutions offered by entrepreneurs. Minto.ai, an industrial IoT platform developed by Raviteja Valluri and Surya Penmetsa, makes it possible for maintenance engineers to monitor the health of shopfloor machines. This way, up to 80% of faults can be detected up to five months in advance.
ChatGPT can also be used as an online virtual tutor who can give guidance outside of school hours. Teachers can use the tool to create assessments from scratch and provide swift answers to students. It can even help them to explain the finer points of grammar and the writing of social media communications.
Analytics, especially prescriptive analytics, can give brands an extra edge over their competition. It makes real-time recommendations to brands based on their data, so they can make informed decisions to maximize outcomes and minimize costs.
With the home-cooking craze, some innovators managed to turn it into a business. Sisters Dikshita and Ojasvi Sharma, with their mother Hema Sharma, invested in the condiments and sauces industry with their brand, Chilzo.
Finally, robotic toys can be a great way to promote cognitive growth and learning for children. Havi.co has developed DIY robotics kits to inspire kids to use their imagination. Students have already used them to create smart home systems and sanitiser dispensers.
In conclusion, this 84th edition of the YourStory quiz inspires entrepreneurs and innovators to always think of creative solutions. Reading their stories can provide much insight, so be sure to check it out. When it comes to answering those five questions, now you know what the entrepreneurs and innovators did to develop bright ideas and turn them into reality.
