The Inversion Factor

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The Inversion Factor

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The Inversion Factor by Kenneth Traub

Why companies need to move away from a product first orientation to pursuing innovation based on customer need.In the past, companies found success with a product-first orientation; they made a thing that did a thing. TheInversion Factor explains why the companies of today and tomorrow will have to abandon the product-first orientation. Rather than asking How do the products we make meet customer needs? companies should ask How can technology help us reimagine and fill a need? Zipcar, for example, instead of developing another vehicle for moving people from point A to point B, reimagined how people interacted with vehicles. Zipcar inverted the traditional car company mission. The authors explain how the introduction of smart objects connected by the Internet of Things signals fundamental changes for business. The IoT, where real and digital coexist, is powering new ways to meet human needs. Companies that know this include giants like Amazon, Airbnb, Uber, Google, Tesla, and Apple, as well as less famous companies like Tile, Visenti, and Augury. The Inversion Factor offers a roadmap for businesses that want to follow in their footsteps.The authors chart the evolution of three IoTs--the Internet of Things (devices connected to the Internet), the Intelligence of Things (devices that host software applications), and the Innovation of Things (devices that become experiences). Finally, they offer a blueprint for businesses making the transition to inversion and interviews with leaders of major companies and game-changing startups.
Bernardi, Kenneth: - The late Kenneth Traub, a consultant with thirty years of experience in software engineering, was the cofounder or technical advisor to five high technology startups.
SKU Unavailable
ISBN 13 9780262535984
ISBN 10 026253598X
Title The Inversion Factor
Author Kenneth Traub
Series The Inversion Factor
Condition Unavailable
Binding Type Paperback
Publisher MIT Press Ltd
Year published 2018-09-11
Number of pages 240
Prizes Winner of Bronze winner in Business Theory from the 2018 Axiom Business Book Awards 2018
Cover note Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
Note Unavailable