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Many bystanders are more likely to view these two giants emergence onto the global stage as business evolution rather revolution and while Samsung declared their competitive intentions in 2008 Foxconn has only recently reached the starting line of its long journey. Beware of the lure of outsourcing.
Failure to engage developers. The platform owner must also show softwaredevelopers what’s in it for them if they contribute. In 2013, Johnson Controls invited developers to help them build Panoptix, an energy efficiency platform for buildings and office space. Conceding defeat in 2002, eBay bought PayPal for $1.4
Across industries and across countries, a small number of “superstar” firms are pulling away from the competition. Are they out-competing their rivals, or are they using their size and influence to avoid competition altogether? But why is IT leading to winner-take-all competition?
Those who work for the competition aren’t. Antitrust and competition policy are seeing renewed interest , including recent hearings on the subject by the Federal Trade Commission. Research by one of us (James) links this trend to software. The people lucky enough to work at these companies are doing relatively well.
The mean digitalization score of workers in the advanced manufacturing sector, of which auto is a part, surged 60%, from 24 to 39 since 2002. This has reoriented the occupational mix of the industry, changing its hiring needs and layoff decisions. To that end, Trump called on GM to close one of its plants in China.
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