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.

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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

Internet of Things - Strategic, Disruptive and Transformational to Businesses

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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

 

 

Connected Data-driven Business Strategy

Professor Michael Porter's Harvard Business Review articles about smart connected data-driven business strategy and business transformation make clear why Internet of Things (IoT) and Advanced Data Analytics capabilities are more than just another set of technology tools. IoT and Data Analytics have become the foundation of an entirely new way of doing business, as well as giving rise to entirely new businesses. 

Smart connected data-driven business changes customer journeys into 24x7 relationships. It delivers new understanding and prediction of product performance and associated customer experiences. It adds new unparalleled productivity, efficiency and quality to core business processes. And, ultimately, changes the ways enterprises create growth, enterprise value and competitive advantage  - at the same time creating new possibility to lose to competitors and new entrants through digital disruption of your business.

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

There will be 100 billion connected devices expected by 2025, leading to a trillion sensor ecosystem. 1 billion digital natives expected to join the workforce over the next 7 years.  In a hyper-connected era of mobile, social, cloud, big data, and the Internet of Things, future business models will depend on the availability of more data flowing through more systems, being accessed and used by more people

A Primary Strategy and Tactical Challenge For Business Going Forward

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.  Thoughtful organic and inorganic strategy, and well-led product innovation, user experience, and evolution of existing assets and intellectual property will be key to a positive goal-directed digital transformation capable of contributing to significant growth and value creation. 

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.


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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.

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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