How ‘things’ will transform the tech sector

The Internet of Things (IoT) is becoming an increasingly prevalent trend in our everyday lives as it cuts across a wide range of products, industries and services. Devices from cell phones, coffee makers, washing machines, headphones, lamps, wearable devices and almost anything else you can think of are capturing, storing and analysing data via the cloud and/or PC. As a result, users are able to reach real-time conclusions anywhere in the world, benefiting from enhanced utility, improved safety and higher economic benefits from better managing their assets. Given how pervasive, reliable and inexpensive many of these devices are, IoT is spreading across the global economy and becoming a large and significant new growth catalyst for the technology industry.

Rob Zeuthen – The Boston Company Asset Management, a BNY Mellon company

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