Gartner Research

How Things and Algorithms Change Manufacturers’ Business Models

Published: 10 July 2019

ID: G00377591

Analyst(s): Ivar Berntz

Summary

The Internet of Things and artificial intelligence algorithms bring new opportunities as well as risks such as privacy issues. Manufacturing company CIOs must educate themselves and their companies about the impacts these technologies will have on their business models.

Table Of Contents
  • Impacts

Analysis

Impacts and Recommendations

  • Things and Algorithms Enable New Business Models for New Opportunities
    • From Paint Manufacturer to Online Do-It-Yourself Solutions Provider
    • Aircraft Manufacturing — 3D Printing Optimizes, Then Transforms, Turboprop Engine Business
  • Things and Algorithms Can Cause Unintended Consequences as the Supply Chain Lengthens
  • Devices, Algorithms and Their Data May Not Be Secure

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