By Scott Nelson - StarTribune, Jul. 05, 2015 –
We’ve heard so much about the Internet of Things (IoT) but one topic within the business dialogue that needs to be addressed is how the IoT is disrupting the C-suite. Over the past three years, I have worked with and observed executives struggling to meet the IoT expectations of shareholders and customers alike. Recently I have been working with IoT start-up CEOs and CTOs, both locally and in Silicon Valley, who do not come to the game with what I would call the baggage of traditional product businesses.
The IoT experience is similar to what I observed during the dot-com evolution, but different in that it is not just about a new technology, but how entire business models have to change because of the technology. Every member of the C-suite is at risk unless they make behavior or educational changes in response to the demands of the IoT.