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A productstrategy needs to include innovation and investing in new technologies. The evolution is commonly known as a project-to-product shift or product operating model.
There will be a greater push towards managed IoT services that take the complexity out of delivering IoT projects-which is why you have seen various players strengthening their offerings as part of the broader consolidation we are seeing in the market. In 2023 we will see IoT-focused RISC-V applications processors and SOCs.
The trends outlined in this blog offer a glimpse into the future of product development and some exciting opportunities for product-driven companies to achieve real ROI regarding cost savings, efficiency, productivity, digital transformation benefits, and employee satisfaction.
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