NBA holds its first hackathon -- should your company, too?

Companies large and small have already embraced the hackathon as a way to foster collaboration and innovation, and now the NBA has announced that it's jumping on board.

Scheduled to take place next month in New York, the NBA's first-ever event is open to undergraduate and graduate student statisticians, developers and engineers in the U.S. who are interested in building basketball analytics tools. Participants will present their work to a panel of expert judges and an audience of NBA League Office and team personnel. 

Prizes will be awarded to the top three teams, including a tour of the NBA League Office and a lunch with NBA staff.

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