Turning Internet of Things into a growth engine

The next wave of innovation promises to drive economic growth, but the private sector and governments will have to make important investments in infrastructure, training and education.

Discussions on productivity drivers and the role of innovation in business transformation make for great window dressing but achieving real outcomes isn’t easy. The warm and fuzzy buzzwords do hold potential, but as US industrial giant General Electric’s chief economist Marco Annunziata points out, unlocking it requires a new way of thinking.

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