Amazon’s Dash Button is part of a trend researchers are calling the “Internet of Things” (IoT).
The Dash Button is a little plastic button with adhesive tape on the back. You’re doing the laundry. You’re running out of detergent. You press the button, which is stuck to the front of your washing machine. Two days later, a box arrives with a refill of Tide. Or you’re shaving. You insert the last razor blade on your razor. Press the Dash Button by the sink, and two days later, a new pack of razor cartridges arrives.
Internet of Things (IoT)
According to Business Insider, the Internet of Things will overtake the Internet of smartphones, tablets, and PCs market—in terms of number of devices—this year.
By 2018, it’ll be more than twice the size.
The trend involves the connection of everyday devices, from kitchen appliances to heart monitors, to the Internet.
Take Starbucks, for example. Right now, people use Starbucks’ Wi-Fi to connect their phones, laptops, and tablets to the Internet. It might sound silly now, but in a few years, every single “thing” in the store, like the espresso machine… the cash register… and maybe each chair and table, will have their own connections, too.
When this wave of machine-to-machine communication emerges, it will usher in a new age of automation. Technology research firm Gartner predicts the Internet of Things will connect 26 billion units by 2020.
“Trying to determine the market size of the Internet of Things is like trying to calculate the market for plastics, circa 1940,” says Michael Nelson, the former director of Internet technology at IBM. “At that time, it was difficult to imagine that plastics could be in everything.”
Early investors in this trend stand to make fortunes. There are literally millions of opportunities for the companies that make the devices and benefit from the information the devices supply.
1. Why Current 3D Printers Are As Obsolete As Cassette Tapes & VCRs
Current 3D printers have one major flaw.
They can only print a mold or replica of a solid object. A shirt, a hammer, a car door…
They haven’t been capable of printing objects with microchips or circuits—so-called “smart” devices.
2. Wi-Fi is the system in your home that allows you to connect to the Internet wirelessly.
Today, Wi-Fi is only strong enough to span a small area, like your home or office.
But as the Internet of Things takes off, Wi-Fi is going to become a whole lot more powerful.
With Google, it plans to allow small- and medium-sized businesses to access this Wi-Fi cloud anywhere, any time.
3. How to Spot Profitable Ideas Before the Crowd
Mega Trends Investing is a monthly newsletter designed to put the next big moneymaking ideas in your hands…
Before your broker hears about them…
Before they’re in mainstream TV reports…
And most importantly, before their low-priced shares go up
4. The Brains Inside Apple’s iWatch?
Wearable electronics. Things like Google Glass and Apple’s new iWatch.
Sports apparel, things that can monitor your heart rate and send you feedback on your workout.
The Apple Effect: which are the 3 Wearable Electronics Companies Ready to Take Off?