Momenta Partners' IOT perspective “The Internet of Things - Just the Opening Act,” has been published in Berenberg Equities Highlights. Berenberg is the world’s oldest investment bank, having been founded in 1590. With assets under management in excess of €40 billion and over 1500 staff, Berenberg is one of the leading private banks and one of the most dynamic banks in Europe. Their Equities Highlights publication goes to their key clients and partners.
Download the digital magazine to read Momenta’s vision that the Internet of Things will be a powerful force for profound digital transformation (page 20-26). Written by Ken Forster and Ed Maguire, the piece frames the key characteristics of IOT, draws historical parallels and highlights promise and challenges for businesses ahead.
“Based on predictions that tens of billions of Internet of Things devices are set to come online in the next few years, it’s easy to get the impression that the biggest impact will come from rolling out connected devices. Momenta Partners believes that the Internet of Things is simply an enabler, or more correctly a catalyst for profound digital transformation. Key technology drivers such as cloud computing have been taking shape for some time, and are poised to combine in powerful new ways to power business transformation and industry disruption. A tide is building, with tech tailwinds arrayed to create the perfect storm of disruption. IOT is a not a catalyst for an IT spending frenzy like Y2K; it’s more akin to a circulatory system for brand new ecosystems of value.”
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