Strategy Transition Study Of Emerson Embedded Power Company Under The Background Of Internet Of Things

Nowadays, the internet of things is one of the hottest topics after economic stimulus package of RMB 4,000 billion. It is brand new since the development is still in the initial exploratory stage; it is tempting since it can generate a huge industry chain; even, it is indeterminate, compared to the passion, the process of setting standard is a little behind. Development of this is trial and error.However, the internet of things has been established as national strategy and becomes the next economic growth, which has no doubt. No matter the central or local governments, the central enterprises, foreign enterprises or the private enterprises, treats it as one of the key planning.The strategic research in this area is not comprehensive. At present, there is not too much research of the Internet of things in early stage. One of them is power supply industry. Most companies in this industry do not have future prospects and any strategic reconstruction.The purpose of this thesis is to suggest how to prepare for future market, based on Emerson Embedded Power, as the No.1 supplier in the global power industry.This thesis is divided into six chapters.The first chapter briefly describes the research background of this article, research significance, research content, innovations and research ideas and methods.ChapterⅡ, it is going to present the concept and what the technical about the internet of things, the history of the internet of things and the future outlook in China, what is power supply, power supply types, how Chinese power supply industry looks like,ChapterⅢ, it is going to present what is the position of Emerson Embedded Power in China compared to its competitor. And after detailed analysis, it is going to present what kind of problems the enterprise in the Internet of things will have to face against in the background new age.ChapterⅣ, it is going to present how Emerson Embedded Power should adjust and reconstruct the strategy to adapt in the new age.ChapterⅤ, it is going to present how strategy transition opportunity, human resource, corporate culture will help on Emerson Embedded Power's strategy transition.ChapterⅥ, it is going to present how other power supply companies should learn from this thesis.At the end of thesis, it will go through point of view, the analysis procedure and the disadvantage of the thesisEventually, the author wants to introduce how to recognize the internet of things development, how power industry will be and what a company as Emerson Embedded Power should do on R&D, manufacture, marketing channel and organization structure.