How the Internet of Things Changes Business Models

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Disruptive innovation

by Gordon Hui

July 29, 2014

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As the Internet of Things (IoT) spreads, the implications for business model innovation are huge. Filling out well-known frameworks and streamlining established business models won’t be enough. To take advantage of new, cloud-based opportunities, today’s companies will need to fundamentally rethink their orthodoxies about value creation and value capture.

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