Posted June 25, 2018
By Ray Blanco
TECH ALERT: Your Shot at 7,400% Growth
Imagine one technology to replace all the others in your life.
A technology that is on track to grow seven times more than artificial intelligence
Thirteen times more that virtual reality
Twenty-seven times more than the internet of things
And 54 times more than the entire biotech market!
If you missed the biggest wealth stories of the past generation like smartphone technology or internet companies
This could be your chance to rake in all the gains you may have missed in the past and then some!
This incredible technology was valued at $1.2 billion in 2016 and is poised to grow to a $90 billion market by 2022 thats a potential 7,400% increase!
The technology is augmented reality and the possibilities for its life-changing uses are infinite.
And today Im going to show you one of my favorite opportunities tied to the AR revolution in order to help you profit best when this tech goes mainstream
An Oldie, But A Goodie
Its been beaten down over the last few years as legacy tech markets have dried up, but decades of research have positioned it perfectly to become one of the great turnaround stories of our time.
That company is International Business Machines Corp. (NYSE: IBM).
IBM came into being in New York state in 1911, making it one of the countrys oldest information technology firms.
The iconic companys original name was the Computing-Tabulating-Recording Co. By the 1930s, IBM equipment was handling millions of records for the American government after the Social Security Act was passed.
By the 1950s, the company was experimenting with early artificial applications when an IBM computer learned to play the simple game of checkers.
IBM technology eventually developed into Watson, IBMs artificial intelligence platform. Named after past IBM CEO Thomas J. Watson, its the system that wowed the world by winning Jeopardy!
Watson is at the bleeding edge of AI/AR. Unlike past approaches to computing, which required rigid programming on the part of humans to work, systems like Watson are able to adapt and adjust based on experience much like our own brains do.
When we make a decision, we observe and then refer to past experience to interpret our observations. Then we form a theory and test it to see if we are correct. Like human intelligence, Watson can reason in order to understand a problem and make a decision but it can process far more data far more quickly than a human can.
Watson can process massive amounts of messy data, from literature to research articles. Unlike a search algorithm, which only looks for keyword matches and perhaps synonyms, Watsons natural language-processing abilities allow it to understand grammar, including idiomatic language use, based on context.
Watson is also helping discover new drugs, and the potential is incredible. Barrow Neurological Institute used it to discover five altered proteins in amyotrophic lateral sclerosis (ALS), a deadly neurodegenerative disease.
But its much bigger than that.
More recently, the company is in the development stages of using Watsons functions to integrate augmented reality and intelligence into the gaming world. Their partnership with gaming console companies could the final push needed to take augmented reality mainstream.
The Bull Case For IBM
At this years Tribeca Film Festival, IBMs director of product for the companys Watson and AR Labs was a panelist.
IBM is a research powerhouse. The companys recent earnings report reflects that as it is finally starting to bear fruit. Earnings surprised, with both revenues and earnings beating analyst expectations.
The main driver?
Cognitive computing. The companys Cognitive Solutions segment has now become its second-largest business, pulling in $4.4 billion in revenues for the quarter.
IBMs chairman, president and CEO Ginni Rometty sees a multi-trillion dollar opportunity for the company in machine learning and cognitive computing.
She believes the market is $2 trillion over the next decade, and that her company could pioneer augmented-reality technologies that could eliminate hundreds of billions of dollars of waste in supply chains, R&D and other processes across industries.
The company has made AR a key to its future growth. Investors are just beginning to grasp this, with shares rallying 10% after the company announced the earnings beat a couple of weeks ago.
All this points to things coming together at IBM making it a great turnaround story driven by the emerging artificial intelligence and augmented reality revolution.
For Technology Profits Daily,
Ray BlancoChief Technology Expert, Technology Profits DailyEditors note: Hundreds of Rays followers are now full fledged members Why arent you?Today, right now, I urge you to click here and join us on Rays new Facebook group, Tech Talk With Ray Blanco.Its your first-class ticket to all things Ray. Join the discussion today right here!