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How Legacy Businesses Can Compete in the Sharing Economy

June 3, 2020 | Mohan Subramaniam, Mikolaj Jan Piskorski | Strategy

Companies that provide traditional products and services can harness IoT sensors and data to create value and generate new revenue through platforms. Before deciding how to proceed, they must assess their ability to collect sensor data, the data’s value, and their ability to orchestrate data exchanges among users.

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