Markets
APA

The Industrial Internet, Simplified

Data source: GE.

And it's not just that companies will save money with the Industrial Internet. Many companies that build equipment and software for the Industrial Internet could see huge rewards. Spending on the Industrial Internet could hit $500 billion worldwide by 2020, and some estimates say it could hit $15 trillion by 2030.

These estimates and examples are far more than just pie-in-the-sky dreams. Large and small companies all over the world are already experiencing the benefits of Industrial Internet technologies, and that's only going to grow. As the cost of sensors continues to decline and more companies see the value in upgrading their existing systems to more efficient, connected ones, the Industrial Internet will soon become more commonplace than unconnected machinery.

The next billion-dollar iSecret

The world's biggest tech company forgot to show you something at its recent event, but a few Wall Street analysts and the Fool didn't miss a beat: There's a small company that's powering their brand-new gadgets and the coming revolution in technology. And we think its stock price has nearly unlimited room to run for early in-the-know investors! To be one of them, just click here .

The article The Industrial Internet, Simplified originally appeared on Fool.com.

Chris Neiger has no position in any stocks mentioned. The Motley Fool owns shares of General Electric Company. Try any of our Foolish newsletter services free for 30 days . We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy .

Copyright © 1995 - 2015 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy .

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

In This Story

APA GE

Other Topics

Stocks

Latest Markets Videos

    The Motley Fool

    Founded in 1993 in Alexandria, VA., by brothers David and Tom Gardner, The Motley Fool is a multimedia financial-services company dedicated to building the world's greatest investment community. Reaching millions of people each month through its website, books, newspaper column, radio show, television appearances, and subscription newsletter services, The Motley Fool champions shareholder values and advocates tirelessly for the individual investor. The company's name was taken from Shakespeare, whose wise fools both instructed and amused, and could speak the truth to the king -- without getting their heads lopped off.

    Learn More