Most Recent Articles in Industry
IT’s Massive Role in Connected Products
If your company is in a product oriented business where commerce is about buying, moving, making and selling physical items, information technology tends to be pretty standard and somewhat out of the mainstream business. Most product companies have insulated themselves from a significant impact of IT downtime. Warehouses can often work for an hour or more without IT connection, manufacturing plants tend to reduce dependency on corporate computing and retailers can do business if the network connection is cut.
IOT for Breakthrough Cost Reductions
The one enduring competitive advantage over 40 years of strategy thinking is low cost. Not low price, but low cost. When your cost to produce is lower than the competition, you have the option to pursue differentiation in price, features, service, innovation, and quality.
Intel Saves Millions Using IoT to Predict Equipment Failure
Intel saves millions of dollars by using the Internet of Things (IoT) to predict when shop floor tools will fail and repairing them before they can disrupt operations.