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Technology Stocks : Investing in Exponential Growth

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From: Paul H. Christiansen10/31/2016 11:23:12 PM
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GE – The Industrial Internet of Things Company



The “Industrial Internet” is a term coined by GE and it can be best described as the third wave of innovation. The first wave was the industrial revolution which was a period of innovation that spanned a period of 150 years between 1750 and 1900 where we made significant advances in transportation, manufacturing, and energy production. The second wave was the Internet revolution which started in the 1950s with the invention of mainframe computers and has culminated in the Internet we know today which is now a permanent fixture in our lives. The third wave is the “Industrial Internet” which is intelligent devices, intelligent systems, and intelligent decision making.

The potential opportunity that GE is looking to address with their “Industrial Internet of Things” platform is 46% of the global economy today. This isn’t just some IoT startup creating their own nomenclature and claiming that they can address a multi-billion dollar market, it’s one of the top-ten biggest companies in the world saying with a straight face that they have a total addressable market of over 30 trillion dollars.

http://www.nanalyze.com/2016/10/ge-industrial-internet-of-things-company/

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