The “Internet of things” has become ubiquitous, connecting people, products, and services around the globe, building new networks and communities, generating limitless data, and creating a staggering array of business opportunities and threats. This “Industrial Internet” is touching all industries and companies, is transformative, and is driving both old and new players to compete in new ways.
In this Harvard Business Review webinar, HBS Professors Marco Iansiti and Karim Lakhani lead a discussion on the impact of the Internet of Things, examining the opportunities as well as the threats this new wave of technology creates. They describe how leading companies, like GE, are acting to seize new opportunities, highlighting the challenges and tradeoffs organizations face as they create and capture value and remake business models.