The Impact of the Internet of Things on Energy Markets

摘要

The Internet of Things (IoT) and the deployment of smart products and services are disruptive forces that are transforming many businesses. The smart home creates new opportunities for manufacturers, service providers and utilities to develop solutions and capitalize on unmet consumer needs. Traditionally, partnerships involve a bilateral agreement between two companies that have similar long-term goals and complement the other's core competencies. Each company benefits from a long-term relationship that was well-planned, allowing the partners to reach a goal that neither company could achieve alone. Traditional partnerships take many months or even years to cultivate. Frequently, agreements are exclusive and prevent partners from making agreements with other competitors in the market.