The role of IoT in our fast-changing world
IoT Spot On
AN OAKLINS REVIEW OF GLOBAL INVESTMENT TRENDS AND OPPORTUNITIES IN THE INTERNET OF THINGS SECTOR
At a time when we can be constantly digitally connected to each other, the Internet of Things (IoT), a huge network of devices, people and processes, is experiencing significant and rapid growth. With the number of interconnected devices around the world forecast to reach 43 billion next year, it is crucial for us to appreciate what this billion-dollar industry can mean to us at both social and economic levels.
From Europe to North American and Australia, the IoT is affecting countless industries as well as the daily lives of consumers, driving innovation and growth, and creating new and disruptive solutions in response to a wide range of challenges.
Last November, a group of Oaklins’ experts participated in a webinar focused on the IoT, to explore this modern phenomenon and discuss its possible impact on the global business community through investment trends and M&A opportunities. The panel covered subjects including soaring valuations for IoT-related companies, and using the IoT to gather information on consumer attitudes and behavior. As Oaklins’ IoT specialist Jan P. Hatje noted, “The Internet of Things is a game-changer.”
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