Fri, 12 April 2013
Thanks for joining me this week on PowerTalk. I’m your host Chris Versace, editor of the investment newsletter PowerTrend Profits. If you’ve been here before, welcome back! As you know my goal with PowerTalk is to let you listen in on some of the conversations I’m having each and every week and to take you behind the scenes and in the know.
If your a new listener to PowerTalk, this is the place where I bring you my 1-1 conversations with CEOs of public and private companies as well as other key people in business, politics and wherever else might be impacting the stock market and our investing decisions.
One of my Great 8 PowerTrends is Always On, Always Connected. That refers to the pervasive nature of the Internet and the connected society we live in today. You see this first hand day in and day out as we use our smartphones and tablets to read email, message our family and friends, check the latest on Facebook (FB) or LinkedIn (LNKD), stream a movie from Netflix (NFLX). With mobile carriers looking to grow their mobile data revenues beyond smartphones and tablets, they are starting to target other applications. One example is the recent teaming of AT&T (T) and General Motors (GM) to turn the car into a connected hot spot. Another is bevy of services being shown by AT&T (T) and other carriers as part of their attack on the home.
All told, these two markets -- The Connected Home and The Connected Car -- are expected to account for more than $120 billion in revenues this year alone. It’s such an opportunity that I devoted my entire May issue of PowerTrend Profits to those two topics. Think about it, if carriers like AT&T and Verizon are only now starting to aggressively target these opportunities, it says 2013 is just the start of these new connected services.
Joining me to talk about this and the larger role of machine to machine communications is James Nolan, Executive Vice President of Research & Development at InterDigital (IDCC). For those unfamiliar with InterDigital, the company is a technology development and licensing company that counts many of the who’s who in smartphones as customers for their wireless technologies. Aside from helping steer InterDigital’s technology path and therefore keeping a close eye on what’s going on in the industry and where it’s going, wait until you hear what we talk chat about when it comes to new smartphones, the Connected Car and The Connected Home and key topics like security and mobile operating systems.
After listening to this PowerTalk, I think you’ll find some things are not what you think they might be.