In my previousblogI have attempted to describe some of the distributed computing and data processing challenges that have to be solved in order to release the full potential and value from the Internet of Things, and how Cisco is addressing these challenges by enabling a Fog computing model via Cisco IOx. Let’s now review some real world scenarios where benefits from the application enablement capabilities I have described can have a measurable and relevant impact on everyday life and business.
Wireless momentum continues worldwide and mobile data traffic expected to increase nearly 11-fold
Today, Cisco released its latest Visual Networking Index (VNI) Global Mobile Forecast, 2013-2018, projecting future mobile data traffic over cellular networks (2G, 3G, or 4G) and wi-fi off-load traffic. Our detailed research, including region-specific and some country-specific data, can be found in our complete white paper. Highlighted below for your convenience are some of the key takeaways.
One noted economist believes “the real impact of the electronic revolutions has already occurred.” We could not disagree more. With over 2B more people and 37B more things planning to join the Internet by 2020, our economic analysis identifies a potential “value at stake” of $14.4 trillion. This number equates to the impact of increased connectedness that the Internet of Everything (IOE) will make possible for private-sector firms over the next decade. What does that mean? A potential 21% aggregate increase in profits for the global private sector between 2013 and 2022.
Every day Cisco works with customers to address their technology opportunities and challenges as they focus on driving growth, improving customer experiences and increasing their productivity. But it’s not just the technology that is driving the benefit to their business – corresponding shifts in strategy around people and information management is driving the gap between the leaders and the followers. In 2013 alone, over $600B in profits are flowing to some of those leaders as they take advantage of the Internet of Everything -- the intelligent connection of people, processes, data and things
It’s not just our technologies that help customers achieve amazing things in their organization,. With our role as architects for our customers IT strategy, we also have a window on how they use everyone else’s technology. We see, first hand, what happens when they connect the unconnected – both people and things – and how these connections generate more data and require new processes as “everything” comes online. We wanted to better understand how the Internet of Everything can help businesses create economic value and how to design a roadmap to take advantage of the increased connectedness.
Today, we’re releasing the results of the Cisco IoE Value Index that begins to tackle these questions. This index is a global survey of 7,500 business and IT decision makers providing a sense of how well businesses worldwide are doing in their efforts to realize their share of the value at stake in 2013. We surveyed executives from large and midsize firms across nine different industries in 12 of the world’s largest economies, which together represent approximately 70% of global GDP.
How much value are we talking about here? From a business perspective, the results of the IoE Value Index tell us that private firms will capture a staggering $613 billion in profits in 2013. How? By taking advantage of Internet of Everything to increase efficiencies and create better customer experiences. Some highlights to note:
Are you thinking about the evolving threat landscape? You should be. Each day, new vulnerabilities are found and new exploits are crafted. Attackers are becoming increasingly sophisticated, while industry trends such as cloud computing and mobility are rapidly expanding the attack surfaces. Your mobile device could act like a Trojan horse, passing right through your network perimeter. Or your compromised server could spread an infection to your most sensitive assets.
This is the first in a series of blog posts that focuses on how Cisco stays ahead of the latest security threats. Of course, to stay on top of something as fast changing and widespread as security threats, you need to understand them in great detail.
A few weeks ago Cisco released the Global IT Impact Survey. For this survey we interviewed over 1300 IT professionals across 13 countries, at all ages of their careers -- those in their 20s all the way through those over 60. We had people from many different industries -- education, construction, government, transportation, consulting, utilities -- and more.
When we released the survey, the analysis we did was really just a small part of what could be looked at. There was a lot more data there to sift through and analyze than we explicitly discussed. For example, we found 48% of those surveyed saw business opportunity with the Internet of Things. However, I was curious how IT knowledge and perceptions of IoT correlated with some of the other data we gathered. And because I somehow thought it would be faster to put my analysis down in images (hint, it probably wasn’t) I made a data visualization. Read More »