The longer term winner is open digital innovation

The impact of digital innovation changes the paradigm, forcing companies to move beyond their internal innovation activities and into a connected network. Organizations will stay closed in their innovation activities but will become more open to sharing information and collaborating with others to extract ever-diminishing competitive advantages. There are four powerful enablers that are working away at making a significant change in our lives: open networks, open data, open knowledge, and open hardware. As we connect more, we change our ways of working, thinking, habits and abilities to earn a living. IoT will offer those expected guarantees of access into the physical world, while cloud computing allows an infinite array of connecting apps. We must decide if we stay open to allow it in, or try to close it off and channel it in ways that will provide value, but those will be transitory moments before we need to go back and open up again.