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There are multiple instances when Apple has shown the way to the industry, with breakthrough innovation in business model and engineering. Challenging the status-quo is embedded in Apple’s culture. By launching iTunes in 2003, Apple created a new business model in music industry. The model...
The emerging Internet of Things (IoT) industry is an aggregation of products and services, complementing each other to enable efficiency and cost-optimization in multiple industries. It does not have a vertically oriented value chain. It stretches horizontally across multiple industries and...