Moats in Industry 4.0; Switching Costs Weak & Strong for ABB and Schneider
Much has been written about the potential of Industry 4.0 and the Industrial Internet of Things, or IIoT, but we don't believe enough attention has been given to the relative supplier competitive advantages and where incumbent suppliers might be less or more able to protect their positions against new-entrant disruptors. In industrial automation, there is a wide variety of suppliers that together create automated processes through multiple software stacks and hundreds of components working toget...
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