In the November cover story of Harvard Business Review, How Smart, Connected Products Are Transforming Competition, authors Jim Heppelmann, president and CEO of PTC, and Professor Michael Porter of the Harvard Business School, examine how smart, connected products are shifting competition in many industries, especially manufacturing.
IT is becoming an integral part of the product itself, and these smart, connected products:
To capitalize on these opportunities companies face 10 new strategic choices, for example:
This article provides a framework for developing a strategy and achieving competitive advantage in a smart, connected world.
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