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...
Communications
24/7/365 Network Uptime
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:



APC has an established a reputation for solid products that virtually pay for themselves upon installation. Who has time to spend worrying about system downtime? APC makes it easy for you to focus on business growth instead of business downtime with reliable data center systems and IT solutions. Learn more here.


 Communications
1.   BBM Now Available on Windows Phone
2.   Hangouts Now More Biz Friendly
3.   Chief Customer Officers' Clout Grows
4.   FTC Wants Fix for Mobile Cramming
5.   Call Center Training: Tips for Success


advertisement
Call Center Training: Tips for Success
Hire right, role play, and keep it real.
Average Rating:
Chief Customer Officers' Clout Grows
Especially in the tech sector.
Average Rating:
FTC Wants Fix for Mobile Cramming
Overcharges are 'the perfect scam'.
Average Rating:
Product Information and Resources for Technology You Can Use To Boost Your Business

Network Security Spotlight
New 'Backoff' Malware Slips Undetected into Retail Systems
'Malicious actors' are using a new variety of malware to access consumer payment data remotely through point-of-sale systems, according to a report from the Department of Homeland Security.
 
IBM Beefs Up Identity Intelligence Security Solutions
Big Blue is betting big on identity intelligence. IBM just acquired a private firm with security software to govern user access to apps and data across cloud and on-premise environments.
 
USB Security Flaw Lets Hackers Hijack PCs
Hackers can use the firmware that controls USB functions to take control of computers, say security experts. That means there may be a new class of attack for which there are no defenses.
 

Enterprise Hardware Spotlight
AMD's ARM-Based Opteron Out in $3K Dev Kit
It's dubbed "Seattle" and it's AMD's first 64-bit ARM-based Opteron processor. The low-power chip is being released as part of AMD’s Opteron A1100-series developer kit, and aimed at high-end data center needs.
 
Apple Updates MacBook Pros, Cuts Prices Up to $100
The popular MacBook Pro laptop line just got an update and a price cut of as much as $100. The MacBook Pro with Retina display now includes faster processors and double the memory.
 
Dell, BlackBerry Not Sweating Apple-IBM Alliance
IBM's recent move to partner with Apple to sell iPhones and iPads loaded with corporate applications has excited investors in both companies, but two rivals say they are unperturbed for now.
 

Mobile Technology Spotlight
BlackBerry Messenger Now Available on Windows Phone
BlackBerry's free Messenger chatting and voice app is out of beta and widely available for Windows Phone users, the company said. BBM offers secure messaging, Groups, Voice, Channels and more.
 
Virgin Mobile Offers Custom Smartphone Plans
As the wireless carrier wars continue heating up, Virgin Mobile just threw the customization coal onto the fire. The firm has debuted a no-annual-contract plan with rates based on individual use.
 
Collaboration Provider Asana Revamps Mobile App
Asana, a collaboration software provider started by a Facebook founder, is now out with a rebuilt native iOS mobile app. It replaces one that even the company admits was not up to par.
 

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.