Michael Porter, author of the most highly regarded of all business strategy theories, Competitive Advantage, describes how there are now three distinct eras of how technology can be defined to impact upon the ability to achieve this advantage.
Michael makes two very important points. The first point is that there has previously been two eras and now there is a third – the first being when corporations started to use IT for automation purposes, described in this 1985 article, followed then by when all of this IT became interconnected via the Internet, described in this 2001 article. Then in this 2014 article Smart Connected Products he describes a third era, the Internet of Things.
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