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User Rank: Light Sabre
12/7/2016 | 11:10:07 AM
Re: Forget the Tech... Get Ready for The "Business" of IoT
While the strategy using the philosphy " the only way to know is to take a leap of faith and learn while you are doing it," may succeed if they can sell it to the right decision makers, I'm a bit skeptical of what seems like asking folks to just jump aboard and try it for a year or more and see how it works.
Kent Strand
Kent Strand,
User Rank: Light Beer
11/29/2016 | 8:46:40 AM
Forget the Tech... Get Ready for The "Business" of IoT

Professor Michael Porter's Harvard Business Review articles on The Internet-of-Things (IoT) make clear that IoT is about business transformation, not another tool. IoT has become the foundation of an entirely new way of doing business, as well as giving rise to entirely new businesses.

There will be 100 billion connected devices expected by 2025, leading to a trillion sensor ecosystem. 1 billion digital natives expected to join the workforce over the next 7 years.  In a hyper-connected era of mobile, social, cloud, big data, and the Internet of Things, future business models will depend on the availability of more data flowing through more systems, being accessed and used by more people.

Formulating end-to-end digital strategies, leading the activation of new product/service solution roadmaps, designing new customer experiences and business models, and championing digital business transformation inside companies and within customer organizations will be a primary strategic and tactical challenge.

Thoughtful organic and inorganic strategy, and well-led product innovation, user experience, and evolution of existing assets and intellectual property will be key to a positive goal-directed digital transformation capable of contributing to significant growth and value creation.

Learn more...





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