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Industrial Internet of Things: Connecting Machines; company spotlight on Wyndham Jade; and select May 2015 tech M&A deals.
We are on the cusp of the 3rd wave of the Internet. The 1990s saw the internet grow to one billion users. In the 2000s, the Internet went mobile – another two billion users. Now, the Internet of Things has arrived – currently, there are 28 billion “things” and still counting. One component – the Industrial Internet of Things (“IIoT”) – is expected to generate $14.2 trillion of global output by 2030, according to the World Economic Forum. For example, capital investments in the IIoT and the productivity gains that are expected to follow should add $6.1 trillion to US GDP by 2030. Business leaders and governments are now appreciating the magnitude of this opportunity, which could be a tremendous boost to the GDPs of the world’s largest economies. In May 2015, Mr. Gross sat down for a timely discussion with Bill Ruh, Vice President, GE Software and Chris O’Connor, General Manager, Internet of Things Offerings, IBM in front of 800+ global executives at the 2nd Worldwide CCE Symposium. For more information, contact JEGI’s CMO Adam Gross firstname.lastname@example.org or JEGI’s Co-Heads of Technology Banking Jeff Becker and Joseph Sanborn at email@example.com and firstname.lastname@example.org.Download as PDF