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Technology Stocks : Investing in Exponential Growth

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From: Paul H. Christiansen3/15/2017 11:37:23 AM
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The five industries leading the IoT revolution

As the Internet of Things (IoT) continues to spread across the home and the enterprise, certain industries are leading investments in the revolutionary technologies that are changing how we live and work.

IoT adoption reached some 43 percent of enterprises worldwide by the end of 2016, according to a Gartner report. "The IoT industry is the next wave of internet technologies, and is expected to create hundreds of thousands of well-paying professional jobs," said PK Agarwal, regional dean of Northeastern University-Silicon Valley and former CTO for the state of California. "IoT will fundamentally change how business and manufacturing will be done worldwide."

Northeastern estimates that the total investment between 2015 and 2020 will be $6 trillion among both consumer and industrial IoT markets, with industrial IoT leading the growth.

zdnet.com
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