The advent of a brave new world of connected products and services in the Internet of Things (IOT) is forcing organizations of all sizes across nearly every industry to reconsider how they will interact with their customers in the future.
As a consequence, a growing number of companies are thinking about how they have to redefine their businesses to better serve their customers going forward.
These ideas were showcased at the recent PTC LiveWorx conference in Boston. The event drew approximately 5,000 attendees from a wide array of enterprises worldwide to demonstrate how previously standalone technologies and applications now are converging to enable the idea of IoT to become a reality.
Click here to read THINKstrategies’ views in E-Commerce Times regarding how building connected products is becoming an essential strategy for restructuring the vendor-customer relationship in the IoT.
More than half of major new business processes and systems will incorporate some element of the Internet of Things by 2020, according to Gartner.
That means that every piece of software that supports those business processes and systems must be redesigned to accommodate the requirements of the rapidly evolving IoT market.
Nearly every major independent software vendor (ISV) is making moves to respond to the IoT challenge. Some are adding new functionality to their existing applications organically. Others are making acquisitions to enhance their established capabilities.
Click here to read THINKstrategies’ views in E-Commerce Times about how leading ISVs are repositioning themselves to address the unique challenges created by the IoT.
Redesigning Products and Services for the Internet of Things – A Guest Commentary in E-Commerce Times
Nearly everyone agrees the Internet of Things will create unprecedented business opportunities that will dramatically change the way almost every industry operates. There is also universal agreement that the IoT will force organizations to rethink the fundamental nature of their products and services.
One company that has become a leader in the rapidly evolving IoT market and is bravely facing the challenges associated with the transformation process is PTC. It has recognized that a different type of product and service design process is required to fulfill the promise of IoT.
Click here to read THINKstrategies’ perspectives regarding the industry implications of PTC’s aggressive initiatives to capitalize on the IoT marketplace in E-Commerce Times.
How to Select the Right Provider to Optimize Application Performance – A Whitepaper Published on Behalf of PTC
Businesses of all sizes across nearly every industry are racing to adopt new strategies and solutions to achieve corporate objectives in the face of unprecedented market and competitive pressures.
In this context, moving business applications and processes to the cloud has become an increasingly common approach to lower costs and address changing business requirements.
Although there are numerous cloud services providers available, many organizations struggle to select the right partner and to procure, deploy, and administer the right cloud services to meet their application management needs.
To improve their chances of success, THINKstrategies has seen many business and IT decision-makers gravitate toward cloud services organizations that can provide not only the infrastructure functionality they need, but also a full lifecycle of application management services.
This more integrated approach to cloud services can enable organizations to achieve greater application reliability, security, and performance to satisfy … Read More »
MetraTech and ThingWorx, a PTC company, are the latest sponsors of the Connected Cloud Summit, hosted by THINKstrategies and Cloud Computing Showplace, Thursday, September 18 in Boston.
The Summit will examine how the Cloud is enabling enterprises to pursue exciting, new business opportunities and overcome significant technology challenges associated with the ‘Internet of Things’ (IoT) so they can better serve their customers, create new offerings, and gain a competitive advantage in the marketplace. The executive forum will showcase the latest solutions, best practices and ideas being generated by leading IoT providers, start-ups and innovative enterprises. Click here to see why you should attend the Connected Cloud Summit.
MetraTech and ThingWorx join Aria Systems, Axeda, Birst, Cognizant, CorSource Technology Group, Dyn, Flexera Software, HP, Oracle, SafeNet, ServiceSource, Xively by LogMein and Zuora as sponsors of the Summit. Executives from these companies will also join CXOs from GE, Google, Salesforce.com, SmartThings, InfoBright, Prelert, InfoBionic, Code On Technologies, Strategy Analytics, … Read More »