Goldman Projects "Internet of Things" To Become Biggest Mega Trend Yet

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Mark Melin
Published on
Updated on

The Internet of Things is emerging as a third and potentially the biggest trend yet in the development of the Internet, says Goldman Sachs Group Inc (NYSE:GS) in a new report on the topic. Three stages of development of the Internet of Things The investment bank looks at the development of the Internet in three stages: the fix Internet of the 1990s, using primarily desktop computers; the mobile internet of the 2000s, utilizing smart phones and tablets; and now the Internet of Things, which includes connecting wearables, cars homes cites and industrial concerns.  The first and second phase connected up to…

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Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.