Thematic Investment Opportunity—Internet of Things
Overview
The Internet of Things (IoT), a network of easily deployed sensors and smart devices, combined with advanced analytics platforms and cloud services, has the potential to disrupt and strengthen products and services across multiple industries. Looking to the future, the amount of data produced by IoT usage is expected to hit 4.4 zettabytes by 2020, up from just 0.1 zettabytes in 2013. It points to further investments in powerful analytical technologies as more companies worldwide migrate toward implementing smart device sensor technology in their day-to-day operations and long-term strategic plans.