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…
Goldman Projects “Internet of Things” To Become Biggest Mega Trend Yet
Mark Melin
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.