The benefits of emerging Private LTE and 5G connectivity also bring the complexity of managing multiple, parallel networks.
In the conservative culture of most manufacturing-based businesses, competitive advantage is usually perceived to lie in ownership, secrecy, control, and sometimes adversarial relationships with suppliers and partners. It goes without saying that such a culture does not blend well with the notions of openness, transparency, and trust.
As more and more companies delve into developing smart systems, they are quickly finding that competitive differentiation shifts away from unique, vertically focused product features. The new focus will be on how the product is actually used—how it fosters interactions between and among users in a networked context.
We’ve been speaking professionally about pervasive computing and the Internet of Things since the late 1990s when most people in business had no idea what we were talking about. Now everybody knows what we’re talking about, and many companies are trying to take part in it, but “giving the world…