REPLAY: An Investment Perspective: Strategy and Valuation Impacts of a Connected Products Program
Original Air Date: July 30, 2021
More companies are providing connectivity to their products in the field, providing new levels of service and novel business models that increase revenue and create value for both the supplier and their customers. However, this is not a trivial effort, as it requires committing human capital resources in multiple engineering disciplines, IT, Service and other functions, along with software, integration services and other expenses.
In this exclusive roundtable discussion, industry experts will share their insights about Strategy and Valuation Impacts of a Connected Products Program and address a common theme of questions that management teams often ponder about, "Are the benefits of IoT real and is the value generated sufficient to warrant the investment?"
Join us to explore:
The challenges of planning and executing a digital transformation strategy in a traditional industry
The elements of a proper business case
Examples of multiple types of value created
The impact of recurring/subscription revenue on companies selling equipment with long useful lives
Iain J. Michel
Divisional VP & GM,
ThingWorx IoT - Connected Products Solutions, PTC
Terry Jones, Founder of Travelocity and Founding Chairman of Kayak.com
Alison McCauley, Interview by the Founder and CEO of Unblocked Future