Why changes in business models are vital for the adoption of new technologies

posted by on June 26th, 2014

How IoT changes the existing business modelsWorking in the field of IoT (Internet of Things) for the past two years, with IndigoVerge own project HutGrip (www.hutgrip.com), I have frequently reflected on the factors that influence the adoption of any new technology.

I see as a key factor the readiness of managers and the industry as a whole to switch to a new business model, as required by the new technology. Without this switch you may not take advantage of the benefits of the new technology and mass adoption may not follow.

I am sharing some thoughts on this change process in my post on HutGrip blog. If you are passionate about IoT and would like to join the discussion, feel welcome to check out my post and comment.

Ivan Dragoev

Business Development at IndigoVerge All posts Twitter LinkedIn