The document discusses trends in IoT, big data, AI, and consumer hardware. It notes that investments in IoT platforms and infrastructure are increasing, while big data investments are maturing. Consumer hardware investments declined in the US but grew globally in 2016. Successful business models at the intersection of these areas include home security companies Ring and Tile that utilize connected devices and subscription services. The document recommends that startups develop in areas combining IoT, AI, and big data, such as through connectivity platforms or by integrating AI with unique dataset from IoT devices.