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Home » Technology » By 2020, Digital Ecosystem Could Bring Internet of Things to Consumers

By 2020, Digital Ecosystem Could Bring Internet of Things to Consumers

July 31, 2013
BCG Perspectives

Consumers will increasingly access, monitor and control their connected digital products and services remotely over the internet, using smartphones, tablets, laptops, desktop PCs, and other devices. Massive streams of complex, fast-moving "big data" from these digital devices will be stored as personal profiles in the cloud, along with related customer data.

Digital ecosystems are playing a key role in this transformation. An ecosystem is a network of companies, individual contributors, institutions, and customers that interact to create mutual value. In consumer-oriented digital markets, ecosystems are being enabled by standard technical platforms that allow devices, applications, data, products, and services to work together in new ways.

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Keywords: internet of things, interconnected world, logistics & supply chain, supply chain ecosystem, supply chain solutions, value chain

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    Technology Business Strategy Alignment Global Supply Chain Management High-Tech/Electronics
    KEYWORDS BCG Perspectives Business Strategy Alignment Global Supply Chain Management High-Tech/Electronics interconnected world internet of things logistics & supply chain Supply Chain Analysis & Consulting supply chain ecosystem Supply Chain Management: Business Strategy Alignment supply chain solutions Technology Value chain
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