Comment from Paul Asel, managing Partner, NGP Capital
Connected world vision
We live in an increasingly connected world, a world in which everyone and everything transmits a signal. The confluence of sensors, 5G mobile, hybrid cloud and intelligent technology will transform companies, disrupt industries and enrich our daily digital lives. Intelligent systems derive insight from data. Low-latency edge computing systems enabled by 5G will transmit insight immediately and locally to where it matters most.
Mobile-first companies were the leading innovators in the previous technology generation. Data-first companies will have the starring role in the next generation. This is a significant opportunity: McKinsey has said that the Internet disrupted industries representing 15% of GDP, and the internet of things will disrupt the rest. Earlier data disruptors replaced their physical world analogues; digital books and music are two examples. In the next generation, data-first companies will use data to control the physical world.
A connected world offers unprecedented opportunity for…
