Mark J. Perry, a scholar at American Enterprise Institute (AEI) and a professor of Economics and Finance at the University of Michigan stated in a publications in 2014,
“Comparing the Fortune 500 companies in 1955 to the Fortune 500 in 2014, there are only 61 companies that appear in both lists. In other words, only 12.2% of the Fortune 500 companies of 1955 has still survived in 2014.”
The reasons behind those massive regicides are their reluctance to embrace changes which was anticipated by Peter F. Drucker, the prophet of management in early 90s of the last century.
It’s evident that almost all of today’s Fortune 500 companies will be replaced by new companies in new industries over the next 59 years. The business world is changing at light-speed and the Internet of Things (IoT) is at the forefront of that change.
So the question is, Are you ready to cradle the change?? Do you want to survive???
Internet of Things-The new reality
Connect devices, data, and services to manage your fleet with our IoT stack
The Internet of Things (IoT) is not a futuristic technology trend: It’s here today, and it starts with your things — your devices and sensors, the data they produce, your cloud services and business intelligence tools. That’s the Internet of Your Things.
To help transform your vision into reality, we have the brilliant minds and amazing infrastructure at DataSoft.
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