Author: Bill Martin

Change Dynamics and the Internet of Things

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We have been discussing and highlighting the growth of the Internet of Things (IoT) over the past decade and positing the many ways the technology might impact both tech-centric and smokestack industries.  While IoT is increasingly being embraced by technology vendors, both big and small, as the next evolution of their business model, the biggest opportunities lie in the transformation that IoT can drive in more conventional industries.

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Connected Mobility

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A.T. Kearney has a recent report out assessing who will be the winners in the $560 billion autonomous driving race.  The report builds upon the concept of “connected mobility” and how that will drive the winners and losers in this emerging market.

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Gartner: Top 10 Internet of Things Technologies for 2017/2018

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According to the Report, “The IoT demands an extensive range of new technologies and skills that many organizations have yet to master. A recurring theme in the IoT space is the immaturity of technologies and services and of the vendors providing them. Architecting for this immaturity and managing the risk it creates will be a key challenge for organizations exploiting the IoT. In many technology areas, lack of skills will also pose significant challenges.”

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HBR – How the Internet of Things Changes Business Models

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Several years ago Gordon Hui, who leads the Business Design& Strategy practice at Smart Design, authored one of the earliest articles addressing the impact of IoT on existing business models.  It is such a terrific point of reference for much of what we will discuss here, I wanted to share it in full.

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