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Smart, Connected Products Enable Capabilities Manufacturers Must Adopt
Smart, Connected Products Enable Capabilities Manufacturers Must Adopt
Smart, Connected Products Enable Capabilities Manufacturers Must Adopt
Smart, Connected Products Enable Capabilities Manufacturers Must Adopt
Smart, Connected Products Enable Capabilities Manufacturers Must Adopt
Smart, Connected Products Enable Capabilities Manufacturers Must Adopt
Smart, Connected Products Enable Capabilities Manufacturers Must Adopt
Smart, Connected Products Enable Capabilities Manufacturers Must Adopt
Smart, Connected Products Enable Capabilities Manufacturers Must Adopt
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Smart, Connected Products Enable Capabilities Manufacturers Must Adopt

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Smart, connected products enable six new capabilities manufacturers must adopt strategically. For manufacturers, the implications of this emerging “Internet of Things” are huge. So how did we get …

Smart, connected products enable six new capabilities manufacturers must adopt strategically. For manufacturers, the implications of this emerging “Internet of Things” are huge. So how did we get here? Though the convergence of market forces and the innovation of enabling technologies.

Published in: Business, Technology
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  • 1. 1 The Internet of Things Smart, Connected Products Enable Six New Capabilities Manufacturers Must Adopt Strategically
  • 2. 2 • For manufacturers, the implications of this emerging “Internet of Things” are huge • So how did we get here? • A convergence of market forces and innovation of enabling technologies The Internet of Things
  • 3. 3 Major Forces of Transformation in Manufacturing Sector DIGITIZATION REGULATION CONNECTIVITY SOFTWARE-INTENSIVE PRODUCTS GLOBALIZATION PERSONALIZATION 3 SERVITIZATION External forces are reshaping the manufacturing Products are evolving to be smart and connected When combined, these forces will transform the industry
  • 4. 4 • Computing Infrastructure – E.g. Increasing Processor Performance/Efficiency • Communication Infrastructure – E.g. Evolution of Connectivity • Things – E.g. Miniaturization and Efficiency of Components 3 Categories of Innovations in Enabling Technology
  • 5. 5 The IoT is comprised of the three core components
  • 6. 6 1. Personalize and Customize 2. Monitor Condition and Operation 3. Monitor Environment 4. Remote Control 5. Service/Upgrade 6. Autonomous Six Unique Capabilities of Smart, Connected Products
  • 7. 7 • Value is Shifting from Hardware to Software • Value is Shifting from Product to Cloud • Value is Shifting from Product to Service The Sources of Value and Differentiation are Shifting
  • 8. 8 • Manufacturers must rethink how they create, operate, and service products in the IoT • To learn how, download the eBook: Responding to the Internet of Things

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