Five (more) Digital Transformation must-reads

One of the blessings of spending the past few months working from home, with my daily commute suspended, is that I have had time to start to tackle some of the tomes on my bookcase. Oh, and yes, I know that it is ironic to be talking about physical books in a blog dedicated to all that is digital and connected. Truth is that I find that my trusty Kindle cannot match the uniquely tactile experience of scribbling comments and … Read more…

Finding the best Digital Business Model for IoT. A Quick Guide.

This is the first of a three-part series on how consumer products companies can extend from providing connected products to truly smart products, considering the impact on business models and organisational capabilities.  The past five years have seen an explosion in the growth of connected consumer products. This was first noticeable in the smart home space where start-ups in the US like Nest, Ring and Canary brought in a wave of app-controlled devices. These were stylish, design-led products, intended to appeal to … Read more…

The Internet of Things – A conceptual model

Earlier this week, we saw how TechCrunch attempted to model the Internet of Things ecosystem. In this post I propose an alternative model, albeit one quite similar in structure . I will not attempt to reproduce in comparable detail the vast number of companies and organisations involved, but will simply provide a representation on how the overall model can be represented. In common with many other models, I too split the connected things ecosystem into industry verticals and horizontal enablers. … Read more…

Business Models for the Internet of Things

I unsuccessfully tried to avoid calling this blog “Business Models for the Internet of Things” as there is no shortage of web articles on this topic. A recent Harvard Business Review online issue on the Internet of Things has triggered a fair deal of debate on whether IoT radically changes business models or to what extent unlocks new value. Like all technologies in the hyped ramp-up phase, it is often difficult to separate fact from fiction, and prediction from fanciful guesswork. Here I … Read more…