The new generation of software will require open information flows and shared data. Creating an unbroken circle of data and information value based on the integration of people, processes, and relationships across new ecosystems will become the “holy grail” of smart systems.
Note to OEMs venturing into software: Those millions of lines of code are a whole different animal. They’re not a physical good like the things you know and build. They’re also not easy to create, price, sell, or support, and you’d better not confuse them with your existing business.
We have portrayed a vision of smart energy driven by real-time, interactive communication networks that provide services and are adopted in a manner very similar to the evolution of the web and the Internet. In this vision, customers and consumers would be able to see variable pricing changes in real…
