The Third Great Wave of IT-Driven Innovation

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Porter and Heppelmann

Michael E. Porter – Professor, Harvard Business School

Jim Heppelmann – President and Chief Executive Officer, PTC

The IoT represents the third great wave of competitive transformation driven by technology. The implications for business are massive and present a set of critical strategic choices. The previous waves of innovation, including automation and the internet, must be considered along with their effects on business strategy. Porter's "5 forces of competition" are examined within an IoT context. Featuring Harvard Prof. Michael E. Porter, this session explores the broader implications of this trend on business and on the opportunity for renewed U.S. leadership.