Crowdsourcing
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Crowdsourcing involves outsourcing tasks to a large, undefined network of people or crowd through an open call over the Internet. It allows companies to harness the skills and insights of the crowd to help solve problems or complete tasks. Elance is an example of a crowdsourcing website that matches freelancers with employers seeking work. Employers post tasks and freelancers submit work, with the employer selecting the best solution. While it provides cost-effective solutions for employers and work for freelancers, there are also disadvantages like work not being selected or lack of long-term career opportunities.
Crowdsourcing
- 1. Crowdsourcing when the crowd brings the solution
- 2. 油
- 3. Definition Crowdsourcing comes from two words: crowd and outsourcing. It's defined as a new way to outsource tasks to many persons (the crowd) through an open call, instead of working with contractors or external firms.
- 4. The crowdsourcing process groups several steps: 1- the firm has a problem 2- it broadcast it on the web 3- the users try to resolve this problem and submits their work 4- the firm votes on the best work and decide to implement it 5- the user who did this work is rewarded 6- the油firm owns several solutions to create many scenarios 7- the油firm makes huge profits
- 5. Business Model of ELANCE.com Elance is a crowdsourcing website which try to match freelancers with employers. Freelancers provide their expertise in several fields (web programming ...etc) while employers ask for work to fulfill their needs.
- 6. Business Model of ELANCE.com The employer get many requests from many users and these experts start working on the defined task. The employer monitors several projects and decides at the end which one it will implement. The users whose projects weren't accepted won't get paid while the chosen project's owner will get a remuneration.
- 7. Freelancers Advantages 1- earn money 2- improve their work 3- get in touch with employers
- 8. Freelancers Disadvantages 1- get their work unapproved 2- work on a specific project without the benefits of a long-term career
- 9. Employers Advantages 1- get their task done 2- get many projects and choose the best one 3- get their work done the fastest way 4- rely on the work of experts
- 10. Employers Disadvantages 1- the freelancer isn't motivated as the employees of the company 2- the freelancer won't work on the project the way an employee will do it: details might be omitted
- 11. ELANCE.com Advantages 1- earn from the employers 2- crowdsourcing business model 3- few expenses (web-based service)
- 12. Conclusion Crowdsourcing aims to油provide several solutions, several points of view to the company. It engages the people. It supports the democratization concerning the chosen solutions and it works as a brainstorming session. Crowdsourcing helps the company get more innovative ideas from the crowd (the consumers) and launch products with less marketing efforts. Ex: DEWmocracy from Mountain Dew where the consumers worked on the packaging of the product, its taste, its colors ...etc
- 13. References Pictures taken from: http://www.joeapfelbaum.com/wp-content/uploads/2010/01/crowdsourcing-c-300x216.jpg http://www.genexbs.com/blog/media/blogs/gbs/crowdsourcing-is-outsourcing.gif
- 14. Work done by Wissam El-Kik Gabriel Chanko