Telecommunications companies have seen their business model undermined. And yet, they have the opportunity to make the most of a new and promising market: the Internet of Things. McKinsey expects the Internet of Things to create 2,7 trillion dollars in value by 2025.

A few days ago, I sat down with Daniel to discuss the potential of the Internet of Things. In its recent survey on breakthrough technologies that will create value, making these shows that the Internet of Things may create between $2.7 trillion and $6 trillion in value by 2025. Most of my discussion with Daniel revolved around understanding how the Internet of Things could…

Telecommunications companies have seen their business models undermined, due to disruptive innovations such as 3G, the smartphone and the PCs among others. Yet, Telecommunications companies can create more value on their markets by implementing several different strategies, according to Gilles Négrel.

Intangible assets include many different aspects: brands, intellectual property, patents, know-how, and copyrights, among others like customers relationships, organization processes, information system, partners, etc. Companies have numerous intangible assets, and most of the time much more than they believe, according to Pierre.

Let’s paint a picture of how large players in telecommunications used to make their money 20 years ago. Large Telecommunications companies like France Telecom, Telecom Italia, Vodafone, AT&T and Deutsche Telekom among others, would secure their revenue based on a fee for a communication, according to Gilles.

Alain Ferrandi

Innovation is often considered to be an opportunity for incremental growth, which would add to the existing business base. However, a few days ago, I met with Alain and we talked about Vivendi, a leading French company. Alain said that the will to innovate whatever the cost quite killed Vivendi in the early 2000.