The Internet of Things (IoT) is intersecting with a broad set of emerging technologies and becoming a crucial part of digital transformation strategies for companies across all industries. Digital industrial transformation must occur across three dimensions: business value transformation, enterprise technology transformation, and ecosystem transformation. A new ecosystem for IoT is emerging, one that includes traditional IT giants, mobile and wireless industry players, and IoT-specific vendors and that requires rethinking approaches to products, innovation processes, organizational structures, market messaging, and channels.
