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OK, perhaps that’s a tad dramatic. But the Internet of Things
is going to change nearly every aspect of your life.
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Like…
Healthcare
Transportation
Energy
Technology
Public sector
Agriculture
Construction
Manufacturing
Banking
Smart cities
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- Jim Tully
Gartner Research
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Nearly 25 billion ‘things’ will be connected to the Internet, and
the IoT will add $2 trillion in economic benefits worldwide.
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But how do you capitalize on it?
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For example, you can invest in:
Sensor companies
Chip companies
Software and services
companies
Analytics companies
Device makers
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There are plenty of companies you
already know that are making
big waves in the Internet of Things.
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Find big companies
that are making huge moves in IoT:
General
Electric uses millions of sensors in its industrial machinery, and makes its own IoT software too
Both Google and Microsoft have created software to power Internet of Things devices
Intel makes IoT chips, has purchased a handful of IoT companies, and already earns more from the Internet of Things than it does from mobile
Samsung owns home automation company Smart Things and recently released its own IoT processor
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Or, take a smaller approach:
CalAmp has a wireless datacom business
that helps companies manage machine-to-machine (M2M) connections, including some of Caterpillar’s largest equipment
NXP Semiconductors is merging with Freescale Semiconductor, which will make the company the fourth-largest semiconductor maker and the dominant semiconductor supplier to the auto industry.
Sierra Wireless makes wireless embedded modules for M2M devices, wireless gateways, and software to manage IoT connections.
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For instance:
The Internet of Things isn’t very secure right now
There are
too many emerging standards
A plethora of sensors and data tracking could cause major privacy issues
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The Internet of Things’ potential is far too big for investors
to ignore — and it’s not too late for investors to get in early.
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