Turn on and tune in—from anywhere. Whether we like it or not, Internet connectivity has permeated every aspect of our lives, from how we navigate our cars to how we shop, eat and share the details of our social activities. Pervasive access to the Web has also helped businesses gain efficiencies, better control their operations and facilitate communication with employees and customers.
According to a February 2014 report from the Pew Research Center, “experts say the rise of embedded and wearable computing will bring the next revolution in digital technology.”
This so-called “Internet of Things”—a proliferation of Internet links to everyday objects, such as phones, appliances and apparel, as well as industrial equipment of all types—promises great opportunity for investors large and small.
Here are just two examples of private equity firms betting on the business-to-business side of this innovative trend.