• Corpus ID: 167014495

How Smart, Connected Products Are Transforming Competition

  title={How Smart, Connected Products Are Transforming Competition},
  author={Michael E. Porter and James E. Heppelmann},
  journal={Harvard Business Review},
Information technology is revolutionizing products, from appliances to cars to mining equipment. Products once composed solely of mechanical and electrical parts have become complex systems combining hardware, sensors, electronics, and software that connect through the internet in myriad ways. These “smart, connected products” offer exponentially expanding opportunities for new functionality, far greater reliability, and capabilities that cut across and transcend traditional product boundaries… 
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