Remove Customer Intimacy Remove Short-term Remove Technology
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Can Anyone Stop Amazon from Winning the Industrial Internet?

Harvard Business Review

Customer intimacy. Industrial giants have well-established brands, built strong customer relationships, and signed long-term service contracts. They’ve won the customer’s trust, which is why customers are willing to share data. In short, it is very difficult for a company to disrupt itself.

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How IBM, Intuit, and Rich Products Became More Customer-Centric

Harvard Business Review

We have shifted from a competitive landscape in which companies are more exclusively focused on external forces affecting their industries and sectors, to one that has become significantly more customer-centric. Consider the battle waged by IBM’s software development teams between competing methods for getting closer to customers.

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Start-ups: Before You Launch Your Product, Start With a Service

Harvard Business Review

In short, they want to come to the rescue of victory. The technology allows automated cleaning up of large code-bases, and was licensed back to the company by Stanford. Through these kinds of dialogues, entrepreneurs diagnose real pain-points in customers, and end up building products that customers are willing to pay for.