The Industrial Internet of Things and the Performance-based or Outcome Economy
Too Long; Didn't Read
When we think of the Internet of Things or connected products, we tend to think of our hyper-connected world of gadgets, whether it be smart phones, refrigerators, or toothbrushes that appear to have non-essential and cool product features for the technophile. When looking at the world of sensors, internet-enabled products, and cloud computing, it’s hard to truly comprehend the enormity of what’s happening at a fundamental level, that being, the definition of business value and how it will affect all of us.