Page 2 - Harvard Business Review (November-December, 2017)
P. 2

FROM THE EDITOR






        THE NEW                                            When most of us think of augmented reality—if

                                                           we think of it at all—we probably see Pokémon Go
                                                           monsters or weird Snapchat filters. But AR, the
        REALITY OF                                         technology that superimposes digital images on

                                                           the physical world, is a lot more than a few cool
        BUSINESS                                           apps. As Michael Porter, of Harvard Business
                                                           School, and James Heppelmann, the CEO of PTC,
                                                           explain in this issue’s Spotlight package, the
                                                           technology is poised to reshape how we learn, make
                                                           decisions, and operate within the physical world.
                                                           The implications for business are both strategic and
                                                           staggering: AR will “change how enterprises serve
                                                           customers, train employees, design and create
                                                           products, and...ultimately, how they compete.”
                                                             Though still in its infancy, the technology
                                                           is already being used to powerful effect.
                                                           Organizations as diverse as Facebook, Amazon,
                                                           GE, the U.S. Navy, and Mayo Clinic are  putting
                                                           AR to work and seeing substantial improvements
                                                           in quality, productivity, and other measures
                                                           of performance.
                                                             What makes these early successes even more
                                                           impressive is that most companies are still
                                                           grappling with the two great challenges of the

                   Adi Ignatius with Harvard Business      technological age: the struggle to turn vast amounts
                        Publishing CEO David Wan
                                                           of information into truly useful insights and the
                                                           mounting fear that automation is going to wipe out
                                                           most jobs. With AR we actually see how data can
                                                           be transformed into very real business benefits by
                                                           bridging the gap between man and machine.




                                                                                                                     CHRISTOPHER CHURCHILL





                                                           ADI IGNATIUS, EDITOR IN CHIEF



        10  HARVARD BUSINESS REVIEW NOVEMBER–DECEMBER 2017
   1   2   3   4   5   6   7