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Manoj Menon of Frost & Sullivan: Reinventing your business for the digital age

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The Internet of Things – a term to describe the rise of connected devices – will have a great impact on many traditional business models.

Companies need to understand how their business models will change against this backdrop, said Manoj Menon, managing director, Asia Pacific at Frost & Sullivan.

Menon calls on companies to apply three concepts – disrupt, collapse and transform – as they work to reinvent their business.