The Internet of everything (23/04/2013)
Roger Montgomery is the Founder and Chairman of Montgomery Investment Management. Roger has over three decades of experience in funds management and related activities, including equities analysis, equity and derivatives strategy, trading and stockbroking. Prior to establishing Montgomery, Roger held positions at Ord Minnett Jardine Fleming, BT (Australia) Limited and Merrill Lynch.
This post was contributed by a representative of Montgomery Investment Management Pty Limited (AFSL No. 354564). The principal purpose of this post is to provide factual information and not provide financial product advice. Additionally, the information provided is not intended to provide any recommendation or opinion about any financial product. Any commentary and statements of opinion however may contain general advice only that is prepared without taking into account your personal objectives, financial circumstances or needs. Because of this, before acting on any of the information provided, you should always consider its appropriateness in light of your personal objectives, financial circumstances and needs and should consider seeking independent advice from a financial advisor if necessary before making any decisions. This post specifically excludes personal advice.
darren crockett
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HI roger in regards to the forecasted increase of internet traffic what are your thoughts on vocus communication concerning the potential growth in that sector compared to the current state of the australian market in general?
Roger Montgomery
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Potentially huge but competition can erode…
Andrew Legget
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I think you are right Roger, the amount of “things” that will be hooked up to the internet in some form or another will only increase and will increase at higher and higher rates as technology quality and speed increases. It is definitley a good area to look at.
Who knows, it isn’t inconceivable to see households having their own supply chain system where goods are automatically uploaded to a shopping list (or even ordered automatically with online supermarkets) as they are used in the fridge.
This will be one rapidly changing area but they need someone to supply the data and access regardless. Another great insight Roger. The only risk is that Australia will not move quick enough and there for comapnies might not be able to grow at their potential, i heard a quick report on TV that we were very lowly ranked on a report about internet access in developed countries, an opposition looking likely to be elected to government promising slower speeds and older technology etc.
This is definitley one area i am trying to learn more and more about.
Roger Montgomery
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Actually, each home will probably have a 3D printer and will download the ‘recipe’ of the thing they need and it will be printed in their own home. Call it home-based manufacturing.
George Tsirigotis
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Great video Roger.
I have been an investor of NextDC (ASX:NXT) for some time now and really like their prospects. They have a great team there to take full advantage of the data center colocation space, especially with the experience of Bevan Slattery, Craig Scroogie and co. Once Sydney and Perth go online in 4Q 2013, I expect a ramp up of customers as all data centers will be online (though not at full capacity due to completion of data halls takes time). They have definately set the standard on security, flexibility, scalability, power, cooling as well as streamlining IT operations including the ONEDC application.
Definately one to keep an eye on with great prospects.
Nir Halevi
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addition to my prev comment: and barriers to entry are low !
Nir Halevi
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The fact the demand has increased is correct, but, if you google ‘data centres Sydney’ you may find out that there are so many data centres, like mushrooms…
Greg McLennan
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Looks like you might have got taller, Roger.
Very interesting video. Glad you’re on top of this with my hard earned!