Newsletters
News & Information for Technology Purchasers NewsFactor Sites:       NewsFactor.com     Enterprise Security Today     CRM Daily     Business Report     Sci-Tech Today  
   
This ad will display for the next 20 seconds. Click for more information, or
Home Enterprise I.T. Cloud Computing Applications Hardware More Topics...
Cloud Computing
Gartner's #1 for endpoint backup
Average Rating:
Rate this article:  
Cisco Report Points to Billions from
Cisco Report Points to Billions from 'Internet of Everything'

By Barry Levine
June 20, 2013 10:19AM

    Bookmark and Share
The next level of interconnectedness in the Internet of Everything, the Cisco study said, is being enabled by sensor-embedded objects, mobile computing, cloud computing and the increased utility and presence of Big Data. The value derives from improvements in supply chain, customer experience, innovation, time-to-market, asset utilization and employee productivity.
 


After the Internet, there's the emerging Internet of Things. What comes after that? According to a new study from Cisco, the Internet of Everything (IoE) will lead businesses to at least $613 billion in global profits this year because of improved operations, customer service and other benefits.

Cisco's IoE Value Index study, which investigated 7,500 global businesses in 12 countries, described the IoE as the networked connection of not only things, but also data, people and processes, becoming "increased value as 'everything' joins the network."

According to Cisco CEO John Chambers, the IoE is also enabled by "the network intelligence that fuels the manageability, controllability and scalability required to support this incredible growth in connections." Cisco and others have been discussing the IoE for more than a year, pointing out that it goes far beyond the Internet of Things, which only refers to the "networked connections of physical objects."

Job Market, Wages

This next level of interconnectedness, the study said, is being enabled by sensor-embedded objects, mobile computing, cloud computing and the increased utility and presence of Big Data. The drivers of value include improvements in supply chain management, customer experience, innovation, time-to-market, asset utilization and employee productivity.

The Cisco study found that, of the business leaders who participated in the study, 69 percent said the global job market would stay the same or improve because of the IoE, and 89 percent thought wages would improve or stay the same.

Another half-trillion dollars could be generated this year, the study said, if companies took better advantage of IoE trends. To do so, it recommends investing in high-quality technology infrastructure and tools, adopting and following inclusive practices that enable all employees to contribute, and developing effective information management practices.

'Show Me the Product Roadmap'

Cisco also suggested that specific industries focus on specific IoE capabilities. Manufacturing companies, for instance, would most benefit from real-time, multi-dimensional data analysis, integrated video collaboration, and remote tracking of physical assets. Energy firms could best utilize the integration of sensor data, an ability to quickly locate experts, and predictive analytics, while retailers might focus on analytics and data visualization, interacting with customers via rich media, mobile payments and remote customer monitoring.

Laura DiDio, principal analyst at Information Technology Intelligence Consulting, said that, in hearing about the IoE, her first inclination is to say, "Show me the product roadmap." She added that this is simply Phase I, which begins with creating a concept, even if it's still somewhat fuzzy at this point.

DiDio pointed out that, at the beginning, cloud computing was also rather vague, and one could argue that the Internet itself was also a fuzzy idea at the very beginning. But there will undoubtedly be some new values and opportunities created by the next level of interconnectedness, she said, regardless of what it's called.
 

Tell Us What You Think
Comment:

Name:



Get Powerful App Acceleration with Cisco. In a world where time is money, you need to accelerate the speed at which data moves through your data center. Cisco UCS Invicta delivers powerful, easy-to-manage application acceleration for data-intensive workloads. So you can make decisions faster and outpace the competition. Learn More.


 Cloud Computing
1.   Microsoft Ruling Raises Privacy Concern
2.   Oracle To Buy TOA Technologies
3.   Oracle Releases a Slew of Upgrades
4.   Cloud Wars: AWS vs. Microsoft, IBM
5.   Yammer Moved to Office 365


advertisement
Amazon Intros Zocalo Storage Service
Online storage and sharing for business.
Average Rating:
Avaya Pressing Hard on Cloud-Based UC
Provides easier, faster provisioning.
Average Rating:
Cisco Woos More Devs with DevNet
To create new network-aware apps.
Average Rating:
Product Information and Resources for Technology You Can Use To Boost Your Business

Network Security Spotlight
Ruling Against Microsoft Raises E-Mail Privacy Concern
Microsoft has been ordered to hand over e-mails to law enforcers in the United States as part of a criminal investigation, even though the e-mail is stored at a data center in Dublin,Ireland.
 
Twitter Buys Password Manager Startup Mitro
Following on the heels of another acquisition earlier this week, Twitter is adding to its fold a password-manager security startup called Mitro, which in turn is releasing its code as open source.
 
Government Requests for Customer Data Skyrocket
Requests for customer data from the government jumped 50 percent in the first half of 2014, according to Twitter, which received more than 2,000 requests for user info from gov't agencies.
 

Navigation
NewsFactor Network
Home/Top News | Enterprise I.T. | Cloud Computing | Applications | Hardware | Mobile Tech | Big Data | Communications
World Wide Web | Network Security | Data Storage | CRM Systems | Microsoft/Windows | Apple/Mac | Linux/Open Source | Personal Tech
Press Releases
NewsFactor Network Enterprise I.T. Sites
NewsFactor Technology News | Enterprise Security Today | CRM Daily

NewsFactor Business and Innovation Sites
Sci-Tech Today | NewsFactor Business Report

NewsFactor Services
FreeNewsFeed | Free Newsletters

About NewsFactor Network | How To Contact Us | Article Reprints | Careers @ NewsFactor | Services for PR Pros | Top Tech Wire | How To Advertise

Privacy Policy | Terms of Service
© Copyright 2000-2014 NewsFactor Network. All rights reserved. Article rating technology by Blogowogo. Member of Accuserve Ad Network.