To: Charles Broderick who wrote (648 ) 1/31/1999 6:12:00 PM From: DIY Investor Respond to of 1606
Future of the Embedded Internet Irish, last week you asked for reasons why an investor would be interested in INSGY. I've read what information you and others offered, did my own DD and decided to stock up. Here is an article on the future of the embedded internet I found in doing my DD. Presentation by Pete Peterson - President, NETsilicon, Inc. at the Embedded Internet Workshop Panel on November 6, 1998 Today we're here to talk about a very important subject, the future of embedded Internet. Two weeks ago I was in Houston at a meeting of the Industrial Automation Open Networking Alliance where I hosted a group of 40 companies talking about many of the same subjects. Where are embedded Internet and Ethernet going? What are the obstacles to its growth? What can we do to help accelerate its growth? I'd like to share with you my view of what's happening in information technology. I believe we're in the fifth stage of technology evolution. The first four stages everyone knows about: mainframes, minis, PCs, and now this crazy thing -Internet for people. The fifth stage is Internet expanded to network-enable all devices in entire operations -- the invisible embedded devices: gas pumps, vending machines, utility meters, sensing devices, the control points that run our daily lives. I believe this fifth stage is a thousand times bigger than Internet for people, which was a thousand times bigger than PCs, which was a thousand times bigger than minis, etc. And, this fifth stage, Internet expanded to invisible embedded devices, will happen twice as fast as Internet for people, which happened twice as fast as PCs, etc. For the rest of this presentation, go to the source. Source: circuitcellar.com