Last week, Chief Investment Strategist Sharon Watkins and Portfolio Manager Niki Dunne headed to CES 2019 for 4 days of exposure to breakthrough technologies and innovations. Sharon focused on medical technology and digital health; Niki on 5G and automation.
Two concepts we've been talking about for years finally rose to the top in terms of prominence at the show: aging in place and value-based health. In both concepts, we see technology bridging the gap between what is necessary from a care standpoint and what the existing system can handle. We see innovation being driven by insurers as they try to find ways to minimize health payouts by incentivizing preventative health.
New interactive models of healthcare were being demonstrated that put the responsibility for care into the hands of the patient. Its important to note that regulation and privacy issues are still not resolved. But MedTech is pushing innovation forward despite all the existing hurdles.
Niki was able to experience the entire 5G ecosystem - the backbone of "IoT to the max" that will include autonomous transportation, virtual reality, sports technology and digital health...plus so much more. Again, it became clear that innovation is being limited right now as the world races to get 5G into place. Think back to before smart phones...there was a lot of talk in the years leading up to 3G about how smart phones would change the world. And yet, it wasn't until 3G and 4G were in place that mobile connectivity really started to take hold. With 5G here, the next decade of digital innovation is starting.
Opportunities for your assets come with our enthusiasm for uncovering emerging macro trends globally. Attending global gatherings like CES, gives our team a valuable perspective on the future that will help create possibilities for your financial future. If you're interested in hearing more about the next 10 years and what they will mean for investment, request an invite for OUTLOOK 2019 SANDSTONE's annual investor's event.