If You Miss This Tech Trend Now You Might Be Kicking Yourself Later
Transcript
- 1. IF YOU MISS THIS TECH TREND NOW You Might Be KICKING Yourself Later
- 2. Have you heard of the Internet of Things?
- 3. It’s a buzzword in the tech industry right now.
- 4. But it’s much more than just a passing trend.
- 5. The Internet of Things (IoT) will connect formerly unconnected things to the Internet — like cars, appliances and manufacturing equipment…
- 6. So that they can collect and analyze data, and automate systems.
- 7. And the number of IoT connections is about to explode.
- 8. See for yourself…
- 9. 0. 15. 30. 45. 60. 2012 2013 2014 2015 2016 2017 2018 2019 2020 Total Internet of Things Connections (in billions) Source: Cisco. Here we are!
- 10. Nearly 50 billion things will be connected to the Internet over the next five years.
- 11. And all of those connections are going to generate a lot of money for companies.
- 12. According to IDC, the Internet of Things market will be worth $7.1 trillion by 2020.
- 13. Yes, trillion.
- 14. The potential market size is so big because the IoT will increase efficiencies across many sectors.
- 15. For example, General Electric says that using the IoT to increase oil and gas exploration by just 1% would result in $90 billion in savings.
- 16. But it’s not just companies that are warming to the IoT.
- 17. Consumers are adopting the Internet of Things — even if they don’t know what it is.
- 18. Wearable technology, connected homes and Internet-connected vehicles are all part of the Internet of Things.
- 19. Right now, just 7% of consumers own a wearable tech device.
- 20. But by the end of next year, that number will likely jump to 28%.
- 21. And by 2019, companies are projected to ship 1.9 billion connected home devices per year.
- 22. So what’s the point of all these statistics?
- 23. The Internet of Things is still in its infancy.
- 24. Even if a handful of these predictions prove true…
- 25. Then the IoT will be a revolutionary change to how companies do business and how consumers use technology.
- 26. And there’s still time for investors to get in on the IoT ground floor.
- 27. Or, you can miss out and kick yourself later for not giving the IoT a second look.
- 28. But we wouldn’t want that.
- 29. Wall Street hacks Apple's gadgets! (Investors, prepare to profit.) Apple forgot to show you something at its recent event, but a few Wall Street analysts and the Fool didn't miss a beat: There's a small company that's powering Apple's brand-new gadgets. And its stock price has nearly unlimited room to run for early-in-the-know investors. To be one of them, just click here! CLICK TO READ NOW