Monday, December 19, 2016

Best Wishes For Happy Holidays From Our Team!





Accredent specializes in the Business of The Internet of Things(tm). Formed in 2009 out a four year strategy, M&A, and business development engagement with companies that pioneered many of today's Internet-of-Things connected technologies, business models and use cases. Contact Us

Accredent has been successful partnering with business leaders of corporations, operations and product teams, and emerging ventures to develop and transform their businesses, accelerate revenue, growth and enterprise value through the Internet of Things. accredent.com

Tuesday, November 29, 2016

Connected Data-driven Business Strategy - A Primary Barrier to Internet of Things Success



(c) 2018 Copyright Accredent, LLC


Research by Sweden's Tele2 (Nasdaq: TLTO) concluded that lack of a clear business strategy is a far greater barrier to IoT success than any technology concerns.

In 2018, 67% of organizations plan Internet of Things (IoT) initiatives. Just 1.5% of executives have a clear vision of what IoT will do for them.

The telco, which serves about 15 million customers, found that 60% of respondents picked "lack of strategy" over considerations including finance, technology and "lack of competence" when asked what they believed was the chief barrier to IoT success.

The feedback suggests many organizations do not have a clear understanding about what they are trying to achieve and is a source of the unusually lack of success in many IoT and their related data projects.

60% of IoT initiatives stall at the Proof of Concept (PoC) stage and only 26% of companies have had an IoT initiative that they considered a complete success.

Customer and business value are underdeveloped in many of IoT offerings. A 2017 study conducted by Cisco shows that 60 percent of IoT initiatives stall at the Proof of Concept (PoC) stage and only 26 percent of companies have had an IoT initiative that they considered a complete success. Even worse: a third of all completed projects were not considered a success.



Industry luminaries Kent Strand of Accredent, Ashis Bhattacharya of Winnebago and John Hogue of General Mills discuss the critical need for Internet of Things strategies and initiatives to focus more on customer and business value and less on technology at IoT Fuse 2017 Conference's keynote: IoT Strategy Roundtable.





In the meantime, the best companies are successfully bringing to market smart connected data-driven offerings and operations are changing business models, the nature of customer value, and even the basis for competition. Businesses and industries are being disrupted and transformed at an accelerating pace.




What do the best companies do to create successful Internet of Things products and services?


Strategy?

Innovation?

Monetization?

Transformation?


What do the best companies do to create successful Internet of Things products and services? A customer-focused connected data-driven business strategy has proven a very good place to start.

Internet of Things and data analytics driven digital experiences are fundamentally transforming customer intimacy and brand affinity, changing how we compete for customer attention, and digital operations are changing how we operate our businesses.

At Accredent's session at Product Camp 2017, Accredent shared its IoT Strategy and Connected Customer Journeys(tm) best practices-based frameworks. The same acclaimed material delivered at the 2017 Society of Concurrent Product Development (SCPD) national conference.




Accredent's IoT Strategy framework with Connected Customer Journeys are a proven approach for developing, implementing and executing powerful connected data-driven strategy that can increase market share, customer satisfaction and profitability.




Learn how IoT and analytics, products, physical spaces, mobile, social, commerce, and operational interactions are converging to deliver compelling new customer experiences and laying the groundwork for a whole new more agile operational business reality.


See the technologies and platforms that make this happen and understand how businesses are utilizing connected customer journeys for their own offering and operational success, and company digital transformation.


Accredent LLC
3800 American Blvd West, Suite 1500
Minneapolis, MN 55431 USA
+1 (612) 460-0102
info@accredent.com
accredent.com 


((c) 2018 - Copyright Accredent, LLC - All rights reserved

______________________________________________________________________ 

Accredent specializes in the Business of The Internet of Things and data analytics. At nine years old, Accredent is one of most established IoT Strategy and Business Development specialists in the industry. Formed in 2009 out a four year strategy, M&A, and offering development engagement with companies that pioneered many of today's Internet-of-Things connected technologies, business cases and use cases. Contact Us 

Accredent has been successful partnering with business leaders of corporations, operations and product teams, and emerging ventures to develop and transform their businesses, accelerate revenue, growth and enterprise value through the Internet of Things and data analytics. accredent.com

Sunday, November 13, 2016

Machine Intelligence Landscape Continuing To Grow

Click to Enlarge
Harvard Business Review Article

----------------------------------------------------------------

Accredent specializes in the Business of The Internet of Things(tm). Formed in 2009 out a four year strategy, M&A, and business development engagement with companies that pioneered many of today's Internet-of-Things connected technologies, business models and use cases. Contact Us

Accredent has been successful partnering with business leaders of corporations, operations and product teams, and emerging ventures to develop and transform their businesses, accelerate revenue, growth and enterprise value through the Internet of Things. accredent.com

Sunday, November 6, 2016

Accredent Selected As Judges For National University Data Analysis Competition

National University Data Analysis Competition Focused On Water Quality


On November 5th, students from all across the United States met in Minneapolis to compete in MinneMUDAC’s University Data Analysis Competition. Two Accredent Principals - Jennifer Nowlin and Kent Strand - were invited to judge the 39 graduate and undergraduate teams in an all-day competition held at United Healthcare's Optum campus.

The students were given the challenge to work with three core water quality-related data sets and derive actionable insights from their analysis. The data sets were ugly, the data transformation messy, yet these students dug in, used their creative and scientific minds to showcase their data story to judging teams that consisted of industry & data experts from companies such as General Mills, Mayo Clinic, Teradata and Accredent.

Hats off to the teams, coaches, the MinneMUDAC organizers, and other judges for doing a great job! Truly excellent analysis of seriously demanding data, professional presentations, and great actionable insights.  

Finalist Presentation

Thanks to all the wonderful students who stopped by our table at the career fair.  It was a pleasure speaking to such talented and enthusiastic up and coming professionals.  We look forward to continuing our discussions with you about future internships and career positions.

Accredent Principal Jen Nowlin at Accredent Career Fair Table

----------------------------------------------------------------

Accredent specializes in the Business of The Internet of Things(tm). Formed in 2009 out a four year strategy, M&A, and business development engagement with companies that pioneered many of today's Internet-of-Things connected technologies, business models and use cases. Contact Us

Accredent has been successful partnering with business leaders of corporations, operations and product teams, and emerging ventures to develop and transform their businesses, accelerate revenue, growth and enterprise value through the Internet of Things. accredent.com

Friday, November 4, 2016

The Importance The Business Model in IoT Innovation

 
Is Your Internet of Things Innovation Failing The Value Creation Test?


A recent study of Internet of Things projects around the world found the majority of them are stuck in proof of concept.  In many cases, the problem could be traced back to underdeveloped business models.

A fundamental value creation challenge in a connected data-driven offering is finding innovation that creates customer value, changes the basis of competition and creates structural advantages that, in turn, creates sustainable enterprise value. Even the most creative business ideas can fail this value creation test when the innovation discussion centers solely on creating value through an operational process, a product, a services or a market innovation. A study by the IBM CEO Report explored how companies distribute their innovation efforts. While most businesses applied some effort into innovating across the board, business model innovation received the least attention.


Source: IBM CEO Report


However, Companies focused on business model innovation delivered 5% higher five year compound annual growth rates. While businesses focused on product, service, or market innovation saw only slight growth. Those primarily applying process innovation were actually worse off.

Source: IBM CEO Report


The reason is simple, technology is changing the basis of competitive advantage. Whereas it may have taken 18 months for a competitor to copy a new product, service or process in the past, the time is now often down to 6 months or less in many sectors.

A thoughtfully planned and well executed Internet of Things customer experience-driven business model innovation can change customer value, basis of competition, and create sustainable structural advantages that can take even the best "fast follower" several years to emulate.

Internet-of-things customer experience and business model innovation is complex. Difficult to get right, but important to do. Done right, it begins a never ending customer journey that always is capturing insightful data, and using that data to create a continuously improving customer experience and business model. Done wrong, an internet of thing customer experience and business model innovation can place companies into a Sisyphus-like proof-of-concept design and revision cycle, or can add a product to the same junk pile of history that one finds Google Glass. Get it right, your company and your future depends on it.

___________________________________________________

Accredent specializes in the Business of The Internet of Things(tm). Formed in 2009 out a four year strategy, M&A, and business development engagement with companies that pioneered many of today's Internet-of-Things connected technologies, business models and use cases. Contact Us
 
Accredent has been successful partnering with business leaders of corporations, operations and product teams, and emerging ventures to develop and transform their businesses, accelerate revenue, growth and enterprise value through the Internet of Things. accredent.com

Tuesday, November 1, 2016

IoT Partnerships - Are All Your Oars in The Water?

(c) 2016 Copyright Accredent, LLC

Partner engagement is critical for future success in the Internet of Things.


Given the complex nature of the Internet of Things business and technology value chain, ecosystem engagement will be critical to the ability of many businesses to take full advantage of the new growth opportunities offered by, and prevent the disruption possible from, the increasingly pervasive and converging technologies around internet-of-things. The ecosystem, that is, a network of strategic alliances, partners, vendors, evangelists, integrated providers, and specialist business consultants that revolve around a company’s technologies and offerings can make or break sustainable growth in a variety of ways.

Complete the Value Chain. 

 

Internet of Things use cases require differing sensors, gateways, communications, platforms, big data, analytics, visualization, mobile, social, commerce, and security from technology vendors large and small.

Complete Your Place in The Ecosystem.

 

Internet of Things solutions are delivered in the larger context of a large industry ecosystem of differing players, solutions and technologies.  Without a sustainable position for your company within this ecosystem cemented through key alliances and reference customers you will not likely emerge with any value from the Internet of Things tornado.

Accelerate Revenue and Profitability.


Alliances create growth through access to new market opportunities and yield incremental sales. Well structured and properly managed alliances and business development relationships deliver go-to-market efficiency and effectiveness, bottom line improvement, shorter sales cycles and competitive barriers.

Accelerate Access and Reach.


Partnerships give access to companies with whom you would not normally be able to do business. Building alliance strategies with global partners gives you the reach necessary to support new customers worldwide.

Accelerate Market Positioning.


A company's credibility and market positioning improves through close association with brands that have trust and respect in the market. Developing marketing alliances with market leaders expands a company's access to low-cost high-quality sales leads.

Accelerate a Successful Exit.


Companies that see acquisition as their path to liquidity can use strategic partnerships. Deep alliance relationships often become mergers and acquisitions. Building business development strategies sets the stage for a successful exit in the future.

Next article in this series: Changing nature of Internet of Things end-to-end partnerships.


------------------------------------------------

Accredent specializes in the Business of The Internet of Things(tm). Formed in 2009 out a four year strategy, M&A, and business development engagement with companies that pioneered many of today's Internet-of-Things connected technologies, business models and use cases. Contact Us

Accredent has been successful partnering with business leaders of corporations and emerging ventures to develop and transform their businesses, accelerate revenue, growth and enterprise value through the Internet of Things. accredent.com

Friday, October 28, 2016

Manufacturers to Spend $267B in IoT Over 5 years

Investment in the Internet of Things by manufacturers will translate to billions in spending. BI Intelligence estimates that global manufacturers will invest $70 billion on IoT solutions in 2020. That's up from $29 billion in 2015.


-------------------------------------------------------------------------------------

Accredent specializes in the Business of The Internet of Things(tm). Formed in 2009 out a four year strategy, M&A, and business development engagement with companies that pioneered many of today's Internet-of-Things connected technologies, business models and use cases. Contact Us

Accredent has been successful partnering with business leaders of corporations, operations and product teams, and emerging ventures to develop and transform their businesses, accelerate revenue, growth and enterprise value through the Internet of Things. accredent.com

Where Will Your Business Be in 2020?

(c) 2016 Copyright Accredent LLC

Gartner's recently released Top 10 Strategic Technology Trends for 2017 confirms what leading edge companies and emerging technology ventures have already known for several years now. "The world is becoming an intelligent, digitally enabled mesh of people, things and services. Technology will be embedded in everything in the digital business of the future, and ordinary people will experience a digitally-enabled world where the lines between what is real and what is digital blur. Rich digital services will be delivered to everything, and intelligence will be embedded in everything behind the scenes. Gartner calls this mesh of people, devices, content and services the intelligent digital mesh." This intelligent digital mesh IS the model behind what we have come to call The Internet of Things, and this model has crossed the chasm to begin to become the basis for where every business is now headed in one way or another.


Click to Enlarge

 

The Challenge Remains How to Create Business Value From It


Managers and employees need to recognize that Internet of Things is not simply a technology, but a new way of doing business. It means a 24x7 relationship with customers. It means employing analytics to understand and predict product performance. It means adding productivity, efficiency and quality to core business processes. Its means a new ability to create growth, enterprise value and competitive advantage through digital transformation of your business - and a new possibility to lose to competitors and new entrants through digital disruption of your business.

The Gartner report is a very good description of the convergence of the technology pieces that is creating the basis for a modern Internet of Things digital business. The challenge remains how to put these pieces together and transform a business into a digital one that delivers growth and enterprise value, sustainable competitive advantage, compelling valuable experiences for your customers, efficiency and effectiveness for your processes, engagement of your employees, and greater customer lifetime value from your products and services. At the same time, ensuring that new entrants with digital solutions don't disrupt existing business. Having a clear business strategy will be important. As will strong execution that doesn't get bogged down in endless proof-of-concept, and delivery of service failure.

As one can see from the graph at the beginning of this article, there is some urgency to do this. The modern Internet of Things way of doing business is finding its way into more and more industries and more and more "things" at an accelerating rate.

Unfortunately, a survey by Sweden's Tele2 (Nasdaq: TLTO), found that 60% of respondents picked "lack of strategy" over considerations including finance, technology and "lack of competence" when asked what they believed was the chief barrier to Internet of Things adoption within their organization. The feedback suggests many organizations are holding back on making Internet of Things investments because they do not have a clear understanding about what they are trying to achieve.

Connecting Business Strategy with Internet of Things for Eight Years

Many professional services organizations large and small are now entering as Internet of Things end-to-end digital business advisors, changing their business cards from whatever they said last year to now say Internet of Things experts. Accredent has been connecting business strategy and Internet of Things for eight years. We can help.

Learn More:

Connected Data-driven Business Strategy for Competitive Advantage and Business Transformation

_____________________________________________________

Accredent specializes in the Business of The Internet of Things(tm). Formed in 2009 out a four year strategy, M&A, and business development engagement with companies that pioneered many of today's Internet-of-Things connected technologies, business models and use cases. Contact Us

Accredent has been successful partnering with business leaders of corporations, operations and product teams, and emerging ventures to develop and transform their businesses, accelerate revenue, growth and enterprise value through the Internet of Things. accredent.com

Thursday, October 13, 2016

Following the Money in Today's Internet of Things




Click to Enlarge
_____________________________________________________

Accredent specializes in the Business of The Internet of Things(tm). Formed in 2009 out a four year strategy, M&A, and business development engagement with companies that pioneered many of today's Internet-of-Things connected technologies, business models and use cases. Contact Us

Accredent has been successful partnering with business leaders of corporations, operations and product teams, and emerging ventures to develop and transform their businesses, accelerate revenue, growth and enterprise value through the Internet of Things. accredent.com

Wednesday, October 12, 2016

Internet of Things - The Modern Connected Data-driven Customer Journey

 

How can Internet of Things (IoT) and Analytics creating compelling digital customer experiences and customer journeys while increasing business agility?


_______________

With 86% of customers willing to pay more for a great customer experience, and 89% to switch brands due to a poor one. Internet of Things and Data-driven experiences offer a pathway to business performance.

Internet of Things and data analytics are fundamentally redefining customer intimacy and brand affinity, changing how we compete for customer attention, and even how we operate our businesses.
Accredent's business and connected customer journey(tm) approach can increase market share, customer satisfaction and profitability.
Internet of Things (IoT) is radically changing the nature of consumer experiences and brand marketing. Turning physical venues (retail, hotels, offices, stadiums, malls, casinos, concerts, events, hospitality) into real-time engaging customer experiences. Turning products from simply physical "things" into platforms for delivering services to deliver customer experiences. For consumer goods - online experiences, retail space experiences, and post-purchase product usage experiences combine to create a two-way dialogue pre-purchase, post-purchase and back again across the entire customer journey in a way that was never before possible. Data can be collected to understand patterns of behaviors and wants and needs, and used to deliver contextual and detailed real world customer experience to those wandering the space or using the product, or rather the services delivered by the product platform.

Accredent's "IoT Connected Customer Journeys" at Innovation Conference


Physical Space Customer Experience

Disney Magic wristbands, Taylor Swift 1989 tour wristbands, and other early pioneering efforts proved that brilliant new physical space customer experiences can be created, and the pain points within existing experiences be removed by Internet of Things. This capability has expanded with the advent of proximity beacons and digital displays which enable hyper-local, -contextual, - personalized experiences in physical spaces not dissimilar from that offered by the best e-commerce sites and internet 2.0. Building understanding of behaviors and wants and needs, and delivering contextually detailed physical world experiences to match them. 

Beacon, RF sensors and digital displays' ability to generate new business from passersby and loyalty scheme incentives, to turn physical spaces into subtle and overt two way conversations, to eliminate pain points and process bottlenecks, and to deliver richer customer experiences and associated brand value have driven rapid adoption.




Product Customer Experience

While the brand experience within physical spaces is becoming more like web and e-commerce spaces, products and services themselves are also changing to be more like smart phones and apps. Products are becoming smart service platforms offering hyper-local, -contextual, -personalized services, and delivering deep insights into behaviors and preferences, and wants and needs, to learn contextual insights and deliver new interactions for better services, compelling customer experiences, frictionless customer journeys, interoperability with other product/service experiences and increase spend and loyalty.





Integrated On-line, App, Physical Space and Product Customer Experience

New modern connected digital experience and customer journeys form as on-line, app, physical space, and product customer experiences merge seamlessly into one experience - pre-sale, post-sales, and re-sale - across the entire brand journey. Each touch-point capturing data for customer insight and each delivering better customer experiences based on that insight. All the while introducing new levels of business agility. This is the where all business is migrating in one form or another.


The new internet-of-things based connected customer journeys of interlinking on-line, app, physical and product touch-point insights and customer experiences is a complex one. Difficult to get right, but important to do. Done right, the process of creating the new modern customer journey is a never ending one that always is capturing insightful data, and using that data to learn and create continuously improving customer experiences and business processes. Done wrong, the process of creating new modern customer journeys can place physical venue and product innovation into painful Sisyphus-like proof-of-concept (PoC) design and revision - a 2017 Cisco study shows about 60-70% of IoT and data projects end their lives in this kind of "PoC Hell" - and ultimately end up in the same junk pile of history that one finds Google Glass. Get it right, your company and your future depends on it.
In 2018, 67% of organizations plan Internet of Things (IoT) initiatives. Just 1.5% of executives have a clear vision of what IoT will do for them.

A well executed customer-focused IoT connected data-driven business strategy build upon an effective framework has proven to separate those who win the IoT game and move past Proof-of-concept (PoC) from those who lose it or get stuck in PoC Hell.


Accredent IoT Connected Data-Driven Business & Customer Journeys

For nine years Accredent has been distilling ”What the Best Companies Do To Create Successful Internet of Things Data-driven Products and Services?" into strategy, innovation, monetization, transformational frameworks for digital business development.
Utilizing its IoT Connected Data-driven Customer Journey(tm) and Business frameworks and in-depth use cases Accredent helps companies to increase customer satisfaction, profitability and market share.

Accredent enables companies and organizations to quickly transform customer journeys to digitally IoT connected data-driven ones that deliver the compelling customer experience and business agility required of modern business.
Contact Us to learn more about how we can help you create digital experience, frictionless customer journeys with compelling customer experiences, and deliver transformational insight and new levels of business agility to your organization.

(c) 2015-2017 Accredent, LLC - All rights reserved

Sunday, October 9, 2016

Internet of Things - Water Management Solutions.



Last month's 2016 Water Technology Summit featured an in depth session on Internet of Things based Water Management Solutions led by Accredent - a leading Internet of Things business and technology advisory firm with deep experience in Industrial, Smart Cities, AgTech, Connected Home and other areas of water usage. The session focused on Internet of Things in water management using sensors, actuators, remote monitoring, data analysis, and artificial intelligence to intelligently manage water infrastructure and water resources. Key topics in water technology including water's use in agriculture, food and beverage, national and local perspectives of water, and opportunities to accelerate technology adoption.

_____________________________________________________

Accredent specializes in the Business of The Internet of Things(tm). Formed in 2009 out a four year strategy, M&A, and business development engagement with companies that pioneered many of today's Internet-of-Things connected technologies, business models and use cases. Contact Us

Tuesday, September 27, 2016

Technologies behind Internet of Things in 2016?

Internet of Things' Primary Technologies 2016+


_____________________________________________________

Accredent specializes in the Business of The Internet of Things(tm). Formed in 2009 out a four year strategy, M&A, and business development engagement with companies that pioneered many of today's Internet-of-Things connected technologies, business models and use cases. Contact Us
 
Accredent has been successful partnering with business leaders of corporations, operations and product teams, and emerging ventures to develop and transform their businesses, accelerate revenue, growth and enterprise value through the Internet of Things. accredent.com

Where are Things Becoming Smart in 2016?

Internet of Things - Areas of Emerging Application2016

_____________________________________________________

Accredent specializes in the Business of The Internet of Things(tm). Formed in 2009 out a four year strategy, M&A, and business development engagement with companies that pioneered many of today's Internet-of-Things connected technologies, business models and use cases. Contact Us

Accredent has been successful partnering with business leaders of corporations, operations and product teams, and emerging ventures to develop and transform their businesses, accelerate revenue, growth and enterprise value through the Internet of Things. accredent.com

Sunday, September 4, 2016

How big is the IoT and how fast is it growing?

Growth of The Internet of Things Through 2020



_____________________________________________________

Accredent specializes in the Business of The Internet of Things(tm). Formed in 2009 out a four year strategy, M&A, and business development engagement with companies that pioneered many of today's Internet-of-Things connected technologies, business models and use cases. Contact Us

Accredent has been successful partnering with business leaders of corporations, operations and product teams, and emerging ventures to develop and transform their businesses, accelerate revenue, growth and enterprise value through the Internet of Things. accredent.com

Thursday, June 23, 2016

Internet of Things & Analytics - Integrating Strategy, People, Processes and Tools

Integrating Strategy, People, Processes and Tools


Accredent principal Jen Nowlin was a speaker on real-world Internet of Things and Analytics - Integrating Strategy, People, Processes and Tools at 2016 SCPD National Conference held  at The 3M Innovation Center in Minneapolis USA. Her presentation and those of other industry luminaries focused how to create high-value strategy, connect it to teams for high-velocity product development, and deliver better customer experiences, products, business processes, business models, and bottom line results.



Jennifer Nowlin, Principal at Accredent . She is a 20 year M2M and Internet of Things (IoT) industry veteran and expert in both the business and technology of IoT. Jennifer has held senior business development and technical leadership roles with Verizon and other leading companies prior to joining Accredent. Working across the complete IoT value chain over a wide range of use cases with hundreds of companies, she has successfully brought new to world IoT solutions to market, led business transformations, and engaged markets effectively leveraging integrated partnerships with large corporations and emerging companies. Jennifer has a BSEE - UW Madison and MBA -  University of Minnesota.

_____________________________________________________

Accredent specializes in the Business of The Internet of Things(tm). Formed in 2009 out a four year strategy, M&A, and business development engagement with companies that pioneered many of today's Internet-of-Things connected technologies, business models and use cases. Contact Us

Wednesday, June 1, 2016

Internet of Things - Strategic, Disruptive and Transformational to Businesses




_____________________________________________________

Accredent specializes in the Business of The Internet of Things(tm). Formed in 2009 out a four year strategy, M&A, and business development engagement with companies that pioneered many of today's Internet-of-Things connected technologies, business models and use cases. Contact Us

Accredent has been successful partnering with business leaders of corporations, operations and product teams, and emerging ventures to develop and transform their businesses, accelerate revenue, growth and enterprise value through the Internet of Things. accredent.com

Internet of Things Means Rethinking Your Enterprises' Relationship With Technology







Michael Porter's Articles on Connected Data-driven Business Strategy

How Smart, Connected Products Are Transforming Competition
How Smart, Connected Products Are Transforming Companies

Emerging Hyper-connected World of Mobile, Social, Cloud, Data and IoT





The journey to the new connected data-driven business is a complex one. Difficult to get right, but important to do. Done right, connected data-driven business and product transformation offers significant opportunities for renewal, growth, and enterprise value creation. Done wrong, business and product transformation can place companies into Sisyphus-like business model design and revision cycles, or can add their products to the same junk pile of history that one finds Google Glass. Get it right, your company and your future depends on it.

Accredent - Connecting Business with Internet of Things and Data Analytics for 8 Years

Many professional services organizations large and small are now entering as Internet of Things and Data Analytics digital end-to-end advisors, changing their business cards from whatever they said last year to now say Internet-of-Things and Data Analytics experts. Accredent has been connecting business, Internet of Things and Advanced Data Analytics for eight years. Please contact us and let us know how we can help.



Accredent specializes in the Business of The Internet of Things(tm). Formed in 2009 out a four year strategy, M&A, and offering development engagement with companies that pioneered many of today's Internet-of-Things connected technologies, business cases and use cases. Contact Us

Accredent has been successful partnering with business leaders of corporations, operations and product teams, and emerging ventures to develop and transform their businesses, accelerate revenue, growth and enterprise value through the Internet of Things. accredent.com

Internet of Things and Enterprise Value

Is Your IoT Innovation Failing The Value Creation Test?



A fundamental value creation challenge is finding innovation that changes the basis of competition and creates structural advantages that, in turn, creates sustained enterprise value.  Even the most creative business ideas can fail this value creation test when the innovation discussion centers solely on creating value through operational process, products, services or market innovation.






A study by the IBM CEO Report  explored how firms distribute their innovation efforts. While most businesses applied some effort into innovating across the board, business model innovation received the least attention.


 

However, Companies focused on business model innovation delivered 5% higher five year compound annual growth rates. While businesses focused on product/service/market innovation saw only slight growth.  Those primarily applying process innovation were actually worse off. 



 

 

Technology is changing the basis of competitive advantage. Whereas it may have taken 18 months for a competitor to copy a new product or service in the past, the time is down to 6 months or less in many sectors.

Formulating value creating Internet of Things-based business strategies, leading the activation of new product/service solution roadmaps, designing new customer experiences and business models, and championing digital business transformation inside companies and within customer organizations will be a primary strategic and tactical challenge for most companies going forward. 

A thoughtfully planned and well executed Internet of Things customer experience-driven business model innovation changes the basis of competition and creates sustainable structural advantages that can take even the best "fast follower" several years to emulate.

______________________________________

Accredent specializes in the Business of The Internet of Things(tm). Formed in 2009 out a four year strategy, M&A, and business development engagement with companies that pioneered many of today's Internet-of-Things connected technologies, business cases and use cases. Contact Us

Accredent has been successful partnering with business leaders of corporations, operations and product teams, and emerging ventures to develop and transform their businesseses, accelerate revenue, growth and enterprise value through the Internet of Things. accredent.com

Friday, May 13, 2016

Industry 4.0 in Action - Virtual Plant Tour at Volkswagen


Volkswagen Group's excellent virtual plant tour demonstrates Industry 4.0, with its Internet of Things driven Analytics, in action.

_________________________________________

Accredent specializes in the Business of The Internet of Things(tm). Formed in 2009 out a four year strategy and M&A engagement with companies that pioneered many of today's Internet-of-Things connected technologies, business cases and use cases.

Accredent has been successful partnering with business leaders of corporations and emerging ventures to develop and transform their businesses, accelerate revenue, growth and enterprise value through the Internet of Things. accredent.com

Thursday, May 12, 2016

Internet of Things World Forum 2016

 

Internet of Things from Hype to Insight.


Internet of Things is really, when all is said and done, about business and customer experience transformation.

Formulating end-to-end digital strategies, leading the activation of new product/service solution road maps, designing new customer experiences and business models, and championing digital business transformation inside companies and within customer organizations will be a primary strategic and tactical challenge as industries change.

IoT World Forum 2016 Highlight Video 


_________________________________________

Accredent specializes in the Business of The Internet of Things(tm). Formed in 2009 out a four year strategy and M&A engagement with companies that pioneered many of today's Internet-of-Things connected technologies, business cases and use cases.

Accredent has been successful partnering with business leaders of corporations and emerging ventures to develop and transform their businesses, accelerate revenue, growth and enterprise value through the Internet of Things. accredent.com

Wednesday, May 4, 2016

Internet of Things Developers Say 46% are Deploying But Security Remains a Concern.

Findings from a survey of Internet of Things developers co-sponsored by the Eclipse IoT Working Group, IEEE IoT and Agile IoT - released April 14, 2016.

 








_________________________________________

Accredent specializes in the Business of The Internet of Things(tm). Formed in 2009 out a four year strategy and M&A engagement with companies that pioneered many of today's Internet-of-Things connected technologies, business cases and use cases.

Accredent has been successful partnering with business leaders of corporations and emerging ventures to develop and transform their businesses, accelerate revenue, growth and enterprise value through the Internet of Things. accredent.com

Thursday, April 14, 2016

Venture Funds Pouring into The Internet of Things

Internet of Things Venture Funding White Hot


Venture funds are investing record amounts into the Internet of Things companies. In 1Q16, Internet of Things startups charted their second highest funding quarter in history across all subcategories save one – wearables.



“The first quarter of 2016 is one of the strongest quarters for the IoT yet in funding terms at $846M in financing, second only to Q2 2015,” said Nicholas Pappageorge, Tech Industry Analyst with CB Insights. The latest quarter charted 31% growth in dollar value over the previous quarter.The research shows the Internet of Things is touching all types of business and use cases across consumer to industrial verticals.

This is a continuation of the trend noted in Accredent's January 25th presentation at the 2016 IoTFuse kick-off event in Minneapolis. Internet of Things M&A Skyrocketed


_________________________________________

Accredent specializes in the Business of The Internet of Things(tm). Formed in 2009 out a four year strategy and M&A engagement with companies that pioneered many of today's Internet-of-Things connected technologies, business cases and use cases.

Accredent has been successful partnering with business leaders of corporations and emerging ventures to develop and transform their businesses, accelerate revenue, growth and enterprise value through the Internet of Things. accredent.com