Pitch: How a World of Smart, Connected Things is Transforming Manufacturers

Apr 10, 2014

Sogeti Labs

1. Capabilities of Connected Things:
– Personalize/Customize: Products can be efficiently tailored by the end user or manufacturer before or after a product is sold.
– Monitor Condition/Operation: Products can assess their own condition, performance, and the operator’s inputs and status.
– Monitor Environment: Products can assess the external environment through sensors and data sources.
– Remote Control: Products can be operated remotely in real time.
– Service/Upgrade: Products can be serviced, upgraded and enhanced instantly and from anywhere.
– Autonomous: Products are capable of self-operating, learning, updating, and correcting by analyzing real-time data.

2. Impact of Connected “Things” on Manufacturers:
– Value is Shifting from Hardware to Software.
– Value is Shifting from Product to Cloud.
– Value is Shifting from Product to Service.

3. The Response:
– Transform How Products are Created.
– Transform How Products are Serviced.
– Transform Business Models.

4. The 7 Forces of Transformation:
– Digitization
– Globalization
– Regulation
– Personalization
– Software-Intensive Products
– Servitization
– Connectivity

Source: PTC 2014 

About the author

Sogeti Labs

SogetiLabs gathers distinguished technology leaders from around the Sogeti world. It is an initiative explaining not how IT works, but what IT means for business.

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