The market for wearable devices is absolutely on fire. Case in point, the global wearables market grew 67% during the first quarter of 2016, according to researcher IDC. Predictably, tech investors are busy searching for the top wearables companies to add to their portfolios. So, which companies are churning out the tech wearables consumers want the most? Let’s quickly review which companies dominate wearable tech today.
There aren’t many sectors doing especially well right now in the stock market, so the pullback in semiconductor stocks isn’t exactly surprising, let alone unique. As about a quarter of the industry’s revenue comes from industrial markets, and meaningful amounts come from computing, consumer devices, and phones, it is not so surprising that investors are worried about the outlook for 2016 even though multiple semiconductor CEOs have opined that the slowdown will be briefer and shallower than past downturns.This brings me to Silicon Labs (NASDAQ:SLAB). The shares of this microcontroller, sensor, and RF chip company have fallen around 15% since my last update, more or less matching the decline in Microchip Technology (NASDAQ:MCHP) and outperforming NXP Semiconductors (NASDAQ:NXPI) over that period. While the company has definitely had some challenges with more commoditized competition in segments like TV tuners, the company’s Internet of Things (IoT) business continues to grow nicely.
IoT technology is steadily penetrating into our lives and our homes in particular. With the recent launch of the HomeKit by Apple and Google’s $3 billion acquisition of Nest, the smart home industry is definitely experiencing a major acceleration.While some investors consider the IoT investment potential to be overblown, the recent global research by Tata Consultancy Services said that 7 percent of the surveyed companies were planning to make over $500 million on IoT investments just in 2015 with home automation startups standing high on the purchase agenda, especially with big name companies like Samsung, Microsoft and Google.
Another dev kit targeting developers and startups that want to build devices for the Internet of Things has launched on Kickstarter — although its maker, Imagination Technologies, is no startup, but rather an established company which licenses IP to chipmakers and counts Apple (with an 8.4 per cent stake) among its investors.Why does Imagination need to go down the crowdfunding route? It’s more about wanting to tap its target dev community during the product development phase, says Imagination’s Alexandru Voica.
Although the global smartphone and tablet markets continue to expand, sprawling technology giants such as Apple (NASDAQ:AAPL) and Google (NASDAQ:GOOG) (NASDAQ:GOOGL) are slowly positioning themselves to capitalize on the rise of several potentially massive and still-emerging technology trends.Here, wearables and connected cars receive ample attention. However, in recent weeks, a number of storylines have focused on the smart home as perhaps the next big thing in tech. Case in point: South Korean tech giant Samsung (NASDAQOTH:SSNLF) recently unveiled the latest iteration of its smart-home device strategy. And while Samsung’s latest hardware appears promising, how should investors be thinking about its odds of success in this market against the likes of Apple and Google?
Revolutionize. Transform. Sure, those words are probably used too often these days. But they are certainly applicable when it comes to the impact that the Internet of Things will have on the world of healthcare. And that impact is already under way.Everyday objects connected to the Internet are being used in lots of ways. Applications in the healthcare setting, though, have the potential to lower costs, improve care — and even save lives.As you might expect with any technology that truly is revolutionary, there are sure to be great opportunities for investors. Some technology companies seem likely to be winners as the Internet of Things gains ground.
Hawaiian Electric Co. (HECO) is planning to expand their smart grid across the state, according to an earnings report released by HECO parent company Hawaiian Electric Industries (HEI). “O&M expenses were $1 million higher in the second quarter of 2015 compared to the prior year primarily driven by higher consulting costs for our energy transformation plans, higher transmission and distribution costs and benefits expense, partially offset by lower overhaul and smart grid costs in the second quarter of 2015,” HEI told investors.
There has been lot of interest shown by big companies on Internet of Things. That included Microsoft Corporation (NASDAQ:MSFT), International Business Machines Corp. (NYSE:IBM), Cisco Systems, Inc. (NASDAQ:CSCO), and several other companies. However, what is dominating IoT most remains a question among investors. A study conducted by Evans Data Corporation throws some light on what is hot.
The Internet of Things is becoming quite popular nowadays among representatives of high tech, IT industry and among investors. They consider the IoT as a cost-effective and efficient way to make the global economy develop fast. One can’t go anywhere these days without encountering Internet-connected devices, part of the Internet of Things.Since 2009, there has been a greater number of things connected to the Internet than the number of people using them. By 2020, the number of Internet-connected objects should top 50 billion.
Earlier this year at the behest of the International M2M Council I researched and wrote an article on Low Power WAN (LPWA) technologies for IoT, which was published on both the IMC web site and on Linked In, with great reception. As such I began my journey into attempting to understand the key differentiators between the competing technologies out there. No easy task it seems. During the past few months I have been asked by many sources and readers to update this article as the space has heated up. Further, it appears as if MNOs all over the world, as well as other Service Providers are stepping into the fold and emerging as the likely investors and/or operators of such technologies as an extension to their own existing networks.