Publications
Publications
- Harvard Business Review
How Smart, Connected Products Are Transforming Competition
By: Michael E. Porter and James E. Heppelmann
Abstract
Information technology is revolutionizing products. Once composed solely of mechanical and electrical parts, products have become complex systems that combine hardware, sensors, data storage, microprocessors, software, and connectivity in myriad ways. These "smart, connected products"—made possible by vast improvements in processing power and device miniaturization and by the network benefits of ubiquitous wireless connectivity—have unleashed a new era of competition.
Keywords
Strategy; Information Technology; Competition; Information Technology; Transformation; Information Technology Industry
Citation
Porter, Michael E., and James E. Heppelmann. "How Smart, Connected Products Are Transforming Competition." Harvard Business Review 92, no. 11 (November 2014): 64–88.
About The Author
