Of things and thingamies, connected [Update]
Yes, the Nasdaq has fallen out of bed and is rolling towards the window, off 7 per cent from its March high. Crash or correction, watch this space.
But, in a bid to remember why everyone is so excited about tech, a reminder of the potential for the internet of things. First, some Cisco numbers delivered via Citi:
Soon there will be more than 6 devicesleaking informationconnected for every man, woman and child on the planet.
The data bomb is nestled in Citi’s look at the global tech hardware supply chain, and the place of 183 companies within it. If you’re not convinced about the internet of things yet, well you can’t have seen this explanatory graphic (click to enlarge):
Which is great and all. But here are Citi’s forecasts for the distribution of actual dollars in hardware (in $bn, we think, again click to enlarge)....MUCH MORERecently:
The Google of the "Internet of Things" (and Morgan Stanley's 96 page IoT report) SPLK; GE