The Internet of Things is going to be the biggest trend in technology in the foreseeable future. The term means the ability of devices to connect to the internet. In the future, human beings will no longer have to control all the gadget around them manually. These devices will have the capability to process information on their own and transmit to another device. Everything shall be done over the internet. So, we are moving into a really exciting stage where technology will do many of the things that human beings have been doing. The internet of Thing will be supported by the numerous devices which are being manufactured with the capability to connect to the internet. Going into the future, the number of devices that support IoT is expected to increase significantly.
The IoT will incorporate a lot from the computing field. Programmable devices will lead the way in this new trend. Fields such as robotics will see a significant development since most of the technologies which will be used will depend on the knowledge of robotics. Generally, there will be an improvement in anything that involves automation. The principle of automation will take center stage as this technology is being rolled out. The Internet of Things is also creating a buzz in the investment sector with investors trying to see how they can benefit with this change. Paul Mampilly, one of the best investors in the industry right now is backing this trend to bring with it multiple lucrative investment opportunities especially in the field of automation and robotics. Paul Mampilly notes that this technology is now being used in the production of jet engines. It will be good for investors to keep an eye on the changes that are happening as this technology rolls out.
About Paul Mampilly
Paul Mampilly is an investor with over 20 years’ experience in the Wall Street. He loves investing in technology related stocks. He encourages average investors to look for opportunities in such an industry which offers unlimited opportunities Mampilly is one of the best investors right now as proved by a competition held in 2009 where he won the award of the best trader.