The technologies that make up the Internet of Things allow us to collect and analyze data like never before, as well as automate complicated systems. Companies large and small are making big bets on the IoT, but knowing where can be difficult for investors. Google, Samsung and other big tech companies are making IoT plays, but so are smaller companies like Sierra Wireless, NXP Semiconductors, and CalAmp.
In the slides below, we'll take a look at a few steps on how to start investing in the IoT, as well as a few companies that are already knee-deep in the space. Click on the slideshow to get started.
Chris Neiger has no position in any stocks mentioned. The Motley Fool recommends Apple, CalAmp, Gartner, Google (A shares), Google (C shares), Intel, NXP Semiconductors, and Sierra Wireless. The Motley Fool owns shares of Apple, General Electric Company, Google (A shares), Google (C shares), Intel, Microsoft, and NXP Semiconductors. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.