I was reading an article from Forbes magazine entitled: “3 Ways The Internet Of Things Will Change Every Business” and found curious that the author Bernad Marr, purposely placed the word EVERY, meaning that the era of business was one before the Internet, and another after the Internet.
According to Marr; “Take John Deere DE -0.85%, for example. For decades, they’ve sold the tractors that make farming on a 21st century scale easier and more profitable. But since 2012, they’ve added data connectivity to their equipment, giving farmers information about which crops to plant where and when, when and where to plow, and even the best route to take while plowing. They are essentially now in the business of selling data as much as they are selling tractors“.
The article highlighted 3 major factors that changed and helped business in general. The creation of smart products; the option of smarter business operations and smart decisions, and finally, a change in business model as a whole. The list of smart products developed are almost endless. Just think about high tech sensors and remote access to products in real-time is one of few innovations from the Internet.
Definitely it was an amazing transformation from the business stand point, comparing the business today interfacing with technology, with the business before the Internet. Now is just wait to see what the future has to offer in this never stop changing world of business and technology.