Operating a decentralized company with users across the world, James William Awad founded TripleOne in October 2018. By drawing on users’ collective ideas, James William Awad helps companies meet their most pressing needs. The company taps into crowdsourcing to help organizations across industries generate better ideas and other benefits.
Crowdsourcing is a group of people collaborating on a task. Each member of the group contributes a small portion to the task at hand. Even though one contribution entails minimal time, financial investment, or labor, thousands or millions of these contributions help progress the tasks’ completion efficiently. The result is an aggregate of all of their ideas and effort, possessing the best qualities from their work.
There are several benefits gained from crowdsourcing. Crowdsourcing reduces costs by distributing the work to a large group of people. This also saves money by reducing the need to hire an expert. When combined with social media, crowdsourcing also creates more consumer engagement. Consumers feel a sense of purpose through assisting the project.
James William Awad 