Remove 2013 Remove Internet of things Remove Product Development
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Using IoT Data to Understand How Your Products Perform

Harvard Business Review

We’ve all seen some eye-bulging numbers in recent years about the internet of things (IoT). Since 2011, General Electric has publicly stated it would spend more than $1 billion on developing sensors, wireless devices, and related software to install on its aircraft engines, power turbines, locomotive trains and other machinery.

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The Internet-Connected Engine Will Change Trucking

Harvard Business Review

But Daimler Trucks North America (DTNA) is using the Internet of Things to resolve the uncertainty. In 2013, the company released a service called Virtual Technician to help existing drivers while also enabling new business models and revenue streams. It is creating new opportunities that were only dreams a decade ago.

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article thumbnail

The Internet-Connected Engine Will Change Trucking

Harvard Business Review

But Daimler Trucks North America (DTNA) is using the Internet of Things to resolve the uncertainty. In 2013, the company released a service called Virtual Technician to help existing drivers while also enabling new business models and revenue streams. It is creating new opportunities that were only dreams a decade ago.

Change 13
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Building a Software Start-Up Inside GE

Harvard Business Review

For some time now we’ve been living into a smarter world filled with Big Data and analytics, and a more connected one that’s been described as “ the internet of things.” ” In this world, customers expect their suppliers to surround their products with data services and digitally enhanced experiences.