HBR, the Harvard Business Review, has a great little piece on their new website co-authored by Porter and James Heppelmann.
https://hbr.org/2014/11/how-smart-connected-products-are-transforming-competition
Here is a snippet from that piece:
Information technology is revolutionizing products. Once composed solely of mechanical and electrical parts, products have become complex systems that combine hardware, sensors, data storage, microprocessors, software, and connectivity in myriad ways. These “smart, connected products”—made possible by vast improvements in processing power and device miniaturization and by the network benefits of ubiquitous wireless connectivity—have unleashed a new era of competition.
Smart, connected products offer exponentially expanding opportunities for new functionality, far greater reliability, much higher product utilization, and capabilities that cut across and transcend traditional product boundaries. The changing nature of products is also disrupting value chains, forcing companies to rethink and retool nearly everything they do internally.
You may need to create a login with HBR to read the entire piece. It is well worth it to do so. That site has excellent content frequently refreshed.
The internet of things is happening right now. Here is a great little device I found through BusinessWeek. A unit you plug in to your wall in your home that is connected to the internet and calls your smartphone if it hears your fire alarms go off.
http://www.businessweek.com/articles/2014-10-21/leeo-a-nightlight-that-will-call-you-when-your-house-is-on-fire#r=tec-ls
Excellent. What else is coming? I just had a conversation with a VP of Sales who had just left a company developing a smart rifle. Yeap. The list is endless.
Happy Reading,
J.W. Gant
Smart, connected products offer exponentially expanding opportunities for new functionality, far greater reliability, much higher product utilization, and capabilities that cut across and transcend traditional product boundaries. The changing nature of products is also disrupting value chains, forcing companies to rethink and retool nearly everything they do internally.
You may need to create a login with HBR to read the entire piece. It is well worth it to do so. That site has excellent content frequently refreshed.
The internet of things is happening right now. Here is a great little device I found through BusinessWeek. A unit you plug in to your wall in your home that is connected to the internet and calls your smartphone if it hears your fire alarms go off.
http://www.businessweek.com/articles/2014-10-21/leeo-a-nightlight-that-will-call-you-when-your-house-is-on-fire#r=tec-ls
Excellent. What else is coming? I just had a conversation with a VP of Sales who had just left a company developing a smart rifle. Yeap. The list is endless.
Happy Reading,
J.W. Gant
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