It’s All About Databy Michael A. Robinson
The leaders named
“data analytics” – i.e., Big Data – as their top tech investment priority for the next three years.
They plan to dive into ever-growing amount of resources that Big Data provides in order to develop new products and services and to drive their growth strategies and profit margins.
As important as that finding is, it actually understates the impact tech will have on all industries, according to the KPMG report.
Chalk it all up to what KPMG believes is nothing short of the
Fourth Industrial Revolution – the proliferation of cyber-physical systems, machine learning, and sensors.That’s the
Internet of Everything – 50 billion physical objects connected through sensors and the web over the next few years alone. Thanks to the IoE, virtually every physical object in a company’s supply chain – from items on the shop floor to pallets in a cargo ship to the delivery truck that brings stuff to your door – will soon all be talking to each other.
Thanks to Big Data and the IoE, these CEOs believe they will have the facts they need to make better business decisions. All that data flow between all those sensors will give them crucial new insights about, well, everything.
“CEOs have never before had so much information about how their customers use their products and services, where their companies operate effectively – and where they don’t,” the report says.
That will be particularly true for the United States, where our leadership in tech gives us a huge advantage. And the CEOs agree with me on this.
Some 37% see America as a growth leader. That puts us second on the list behind India at 44% and slightly ahead of China at 36%.
Eighty-seven percent of those surveyed listed keeping up with new technologies as a major concern, while 65% said they will harness disruptive technologies to drive new sales.
All that makes this a great time to be a tech investor.
Simply stated, it’s hard to imagine a robust investment portfolio without more of the kinds of game-changing technologies that keep coming out of Silicon Valley.
That’s why we don’t worry much about the rigged system on Wall Street – and try to look past the stock market’s frequent lurches.
Instead, I try to bring you investment opportunities that will skyrocket as companies’ dependence on technology soars.
So check back here often… because I promise to keep doing just that.
Source: Daily Trade Alert
http://dailytradealert.com/2016/07/16/i ... -investor/
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