Following on my train of thought on how the IoT is transforming products and business models, I took the opportunity to visit another IoT innovator during a recent trip to the Boston area. Their story is as insightful and thought provoking to those interested in IoT innovation as was my last example. Continue reading
The Innovators’ Dilemma* (by M. Clayton Christensen) suggests that companies pander disproportionately (and develop) to current customer needs. In so doing they stand to miss the opportunity to develop (their business and/or products) to cater for possible next big thing.