Growth Investing in Digital Transformation and the Cloud
We are an early growth-stage venture firm founded by experienced investors. We invest globally in companies at the intersection of The Internet of Things (IoT) and the Cloud, where billions of smart sensors, vehicles, cameras, industrial and consumer devices of all types are connected to the Internet, streaming vast amounts of data to the Cloud. To us, Digital Transformation is all about Scale…
Called by many the “Next Digital Revolution,” the Cloud and IoT will drive explosive value creation in the world economy, potentially transforming virtually every sector from transportation to manufacturing to healthcare. Business Insider Intelligence predicts that 20 – 30 billion devices will be connected to the Internet through the Cloud by 2020 and nearly $6 trillion will be spent on IoT solutions over the next 5 years. Many new industry leaders will be spawned in this revolution just as they were in the Internet and Mobile revolutions that preceded it.
According to the estimates of Cisco Consulting Services:
“IoT has the potential to unleash $19 trillion of global economic value, by 2024. Almost every Fortune 100 company is in the midst of building IoT into their future plans.”
Which will have the most measurable impact on your business in 2017?