August 31, 2012
The following video is part of our "Motley Fool Conversations" series, in which analyst John Reeves and advisor David Meier discuss topics across the investing world.
In "The Next Great Growth Cycle," Mark Mills says three transformational technologies will power the economy forward: big data, connectivity, and computational manufacturing. As the power of computing has grown and the cost dropped, data are everywhere, creating huge opportunities. For example, "demand response" company EnerNOC collects and analyzes electricity data from the grid to prevent blackouts. Companies like Splunk offer big data analytical services -- which is expected to be a $20 billion industry. And we're all connected, from fiber optics to wireless routers. So as data streams increase, connectivity will be a challenge. That’s why John and David own shares of Infinera, which makes optical networking equipment that can handle the upcoming loads. The final area Mills sees is computational manufacturing. This is a huge area where design and manufacturing techniques come together to push the boundaries of both. Imagine Boeing being able to utilize 3-D printing to print an entire wing of an aircraft. Or printing a replacement part for your dishwasher using a Stratasys printer in your home. These are just some of the areas where we are looking for great investment ideas.
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