I wanted to post this as a reminder of why we are all here and why we wait patiently for this stock to break out. It is going to take patience - A LOT OF IT, but the info below is eye-popping and what could be for SDVI. This is from a research report I cam across today.
The term "internet of things" (IoT) seems like it’s been everywhere recently.
For those not familiar, IoT is a broad way to describe the concept of an interconnected network that includes machines, wearables, buildings, automobiles, and tons of other types of devices.
The thing is, despite millions of devices already being connected, we’re only at the dawn of the IoT era.
Cisco estimates that by 2020, within just the next two years, the number of connected devices will reach upward of 50 billion.
And in four years, that figure is estimated to reach 1 trillion.
The IoT market is massive — almost beyond comprehension.
With over $1.46 trillion projected to be spent on the IoT in the year 2020, no other tech trend will have a more dramatic impact on the near future.
According to McKinsey & Company, a worldwide consulting firm, the IoT will expand several industries at an alarming pace:
•Autonomous vehicles and maintenance will explode by 252%.
•Public health, energy, and transport will expand by 82%.
•Logistics and navigation will grow by 51%.
•Automated checkout will expand by 192%.
•Office security will jump by 114%.
•Home automation and security will grow by 75%.
•Health and fitness will explode by 841%.
All these industries are parts of our daily lives. And the IoT will have a direct, and enormous, impact on them.
