Six investment insights for 2015 and how we intend to benefit

Six investment insights for 2015 and how we intend to benefit. 5) The Internet of Things has arrived: Some may remember the exponential growth math problem involving the wheat and the chessboard from early education. That is, if you place one grain of wheat on the 1st square, two on the 2nd and four on the 3rd and so on (doubling the number of grains on each subsequent square), how many grains of wheat would be on the 64th and last square? 9,223,372,036,854,775,808. So it is with technology and connected devices. What started with one mainframe computer in 1960 has grown to one connected device per person with personal computers, to two with mobile telephones, three with iPads and laptops and is now rapidly on its way to 10-12 connected devices per person with the onset of connected cars, homes, TV's and other appliances. Do the maths on 7 billion people and from a connected device stand point 2015 is the year we enter the 2nd half of the chessboard where the numbers start to get really, really big... (VIEW LINK)


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