Remove Contract Manufacturing Remove Finance Remove Innovation Remove Operations
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Entrepreneurs Take On Manufacturing

Harvard Business Review

However, in recent years a parallel explosion of digital tools and services has taken place in the manufacturing realm as well, drawing in computer-assisted design and 3D printing equipment to open-source operating systems, the cloud, and the Internet of Things (IoT). Second, a number of important inputs have gotten cheaper.

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The Internet of Things Will Change Your Company, Not Just Your Products

Harvard Business Review

Finance teams, which are not known for their flexibility to begin with, often have trouble changing their traditional planning, budgeting, and forecasting processes to accommodate radically new IoT business models. Operations. When product-based companies add services and connectivity, operational requirements increase.