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Cisco Live 2013 Shows Life in 2023, Thanks to the Internet of Everything

Join the conversation with @DaveTheFuturist #IoE2023

Join the conversation with @DaveTheFuturist #IoE2023

It’s probably no surprise to you that my favorite part of Cisco Live is discussing future technology. This year, there are so many ways the Internet of Everything (IoE) is connecting people, process, data and things.

For example, we are looking at a world where our clothes, our glasses, even the pills we swallow, will be connected. In the business arena, IoE enables new processes and creates new value. The data we consume and create is providing new insights. And we are connecting things at record rates. Today there are about 10 billion things connected to the Internet, a little more than one for each person on the planet. By 2023, there will be five times as many—50 billion things—connected. And there is $14.4 trillion of potential economic “value at stake” for global private-sector businesses over the next decade, as a result of the emergence of the Internet of Everything.

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IoE – The Technology Transition of All Transitions

When you think about the technology transitions that have happened in just the past 20 years and the number of connections that have been enabled, it’s truly mind boggling. The world wide web was just in its infancy in 1993. The first smartphone was introduced less than 10 years ago, and by 2012, that number had grown to one billion. Today, we have more than 10 billion connected devices. As the number of things connected to the network increases – from data, voice, video, and smart devices to new breeds of applications – the opportunities for new business value increase exponentially. The potential value at stake across private industries alone is estimated to exceed $14.4 trillion by 2022.

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What Do CEOs Care About in a Hyper-Connected World?

If you think we already live in a connected world (and we do!), get ready to fasten your seatbelts.

Today, there are “only” about 10 billion connected “things” on the planet. This includes hundreds of millions of people communicating with one another in myriad ways, and a rapid increase in two-way conversations between people and machines. That is, when the machines aren’t busy “chatting” with other machines.

It may sound complicated (and it is!). But the Internet of Things is just the proverbial tip of the iceberg. The next phase of the Internet — the Internet of Everything (IoE) — will encompass 50 billion connections involving people, process, data, and things by 2020. This will drive the next wave of dramatic Internet growth and opportunity.

Cisco estimates that the IoE economy promises a staggering $14.4 trillion in Value at Stake for private-sector companies globally over the next 10 years. This value is embedded in five drivers: asset utilization; employee productivity; supply chain and logistics; customer experience; and innovation.

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Cisco Live 2013 Preview: Internet of Everything 2023

Internet of Everything 2013

“Do you have a vision for tomorrow? Cisco does.”

Next week I’ll join Chairman and CEO John Chambers and Chief Technology and Strategy Officer Padmasree Warrior to officially kick off Cisco Live 2013 in Orlando, Florida. We’ll be sharing our vision for the new opportunities and amazing things that can happen when you connect the previously unconnected.

The Internet of the future – the Internet of Everything (IoE) – is changing how we work, live, play and learn. During our opening address, my colleagues and I will share our predictions about how the intersection of the four elements of the IoE – people, process, data and things – creates new capabilities and experiences that are more relevant and valuable than ever before.

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Making the Roads Safer Through the Internet of Everything

Over a decade ago, I started thinking about what life would be like with connected cars. Erratic drivers, speeding tickets and unfavorable weather could be avoided while driving. I read an article recently that takes a more in-depth look at the future of connected driving titled, Big Data: When Cars Can Talk by Jeff Bertolucci of InformationWeek. It begs the question: how can connected roads, cars and drivers make for a safer traveling experience?

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