How Smart Connected Products Are Transforming Competition

Download the article to access a framework for developing a strategy and achieving competitive advantage in a smart, connected world.

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The article will give you the information you need to:

  • Build and support an entirely new technology infrastructure
  • Learn four new categories of capabilities: monitor, control, optimize, automate
  • Create breakthroughs in differentiation, operational effectiveness, and customer experience
  • Find out which set of smart, connected product capabilities should your company pursue
  • Manage ownership and access rights to product data
  • Increase flexibility and agility
  • Enhance energy efficiency and benchmarking
  • Adapt your business model

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Our business is about harnessing data to deliver insight that can improve performance and ultimately our clients' bottom line. InVMA has delivered a solution that adds a new flexible dimension to our OEE product, which presents information to our clients quickly, in a digestible format and in a way that they want.

Simon Garbett, Gemba

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Jon Hill

About the author

Michael Porter - Bishop William Lawrence University Professor at Harvard Business School

Michael Porter is an economist, researcher, author, advisor, speaker and teacher. Throughout his career at Harvard Business School, he has brought economic theory and strategy concepts to bear on many of the most challenging problems facing corporations, economies and societies, including market competition and company strategy, economic development, the environment, and health care. His extensive research is widely recognized in governments, corporations, NGOs, and academic circles around the globe. His research has received numerous awards, and he is the most cited scholar today in economics and business. While Dr. Porter is, at the core, a scholar, his work has also achieved remarkable acceptance by practitioners across multiple fields.