Futurists have long envisioned a world where fabulous innovations transform our lives in mind-boggling ways. And while some of their ideas may remain far-fetched, the most exciting thing about their future is that so much of it is already here, today (flying cars notwithstanding).
Indeed, we are living in an age of unprecedented technological transformation, one that stands to eclipse even the first Internet boom. This next wave of change is being driven by a massive upsurge in connectivity, from 10 billion connected things today to 50 billion in 2020. The world may seem connected. But only 1 percent of the objects around you are endowed with smart connectivity. That is changing fast. Your car, your refrigerator, your parking space, the bridge you drive over, the shelves at the local retailer, and the supply chain that feeds them — all of these “dark assets” are being “lit up” with smart connectivity, altering our lives in profound ways.
Cisco calls this the Internet of Everything (IoE). We define IoE as the intelligent connection of people, process, data, and things. And, of course, the “people” element is paramount, since the whole point of technology is to create a better life experience for everyone.
At Cisco, we estimate the Value at Stake from this transformation to be $14.4 trillion for the private sector alone over the next 10 years, which represents an opportunity to increase global aggregate corporate profits by about 21 percent.
Cisco’s projections are based on deep research and analysis into potential use cases. But we are not the only ones sensing the potential impact of this game-changing, global transformation.
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Tags: Big Data, Cisco, Cisco Consulting Services, connectivity, innovation, Internet of Everything, internet of things, IoE, IoE Value Index, IoT, Quantified Self, value at stake
It’s mind-boggling to see the speed at which people, process, data, and things are becoming more and more connected. The Internet of Everything (IoE) world is already happening. But what does that world really look and feel like in our daily lives? How are our everyday experiences changing as a result? How is it helping us attain our goals and desired outcomes?
To answer these questions, we need to take a step back to understand a few critical elements. First, IoE is coming at us like a freight train, but it may not be evident because it’s happening in silos and with very specific technologies and applications. To appreciate how much activity is going on in this space, it’s critical to begin looking at the IoE landscape in specific segments. Here are two things that can help:
- A video of an interview I conducted with Rick Smolan, author of “The Human Face of Big Data,” in which Rick provides some great insights and examples of life in a connected world.
- This mind-bending chart that details different horizontals, verticals, and building blocks to help you explore and examine the evolution of IoE.
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Tags: Cisco, fitness, health, innovation, Internet of Everything, internet of things, IoE, IoT, Quantified Self, sensors, tracking devices
In my role at Cisco, I have taken interest in understanding how we, as people, are driving the need for innovative technology to fuel change in our world. As we find new ways to interact as consumers or communicators, we demand that technology keep pace – to be fast and to adapt.
Today’s Chief Information Officers (CIOs) are well aware of Internet of Everything (IoE) and are already thinking about how connected their unconnected people, processes and things can help them gain efficiencies as well as a competitive edge. Massive shifts in technology and consumption models brought about by cloud, security, mobility and programmable networks are accelerating new markets and new business models. These new models are transforming communication and massively disrupting the role of IT.
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Tags: Cisco, innovation, Internet of Everything, internet of things, IoE, IoE Value Index, IoT, value at stake
It doesn’t take long to realize it’s going to be one of those days.
You drag out of bed, bleary-eyed after a bad night’s sleep in a stuffy, overheated room. Desperately in need of a caffeine jolt, you then discover that you’re out of coffee. You turn on the TV but are too harried to take in the morning news. Rushing out of the house, late, you suddenly can’t find your keys. A mad, time-wasting search ensues before you drive off to work, finally. Then, stuck in traffic, your mind begins to fret: Did you turn off the TV? Turn out the lights? Water the plants? Lock the door?
Now, imagine the same morning routine in a home enabled by the Internet of Everything (IoE), the explosion in connectivity that is transforming the world as we know it.
You wake up rested, since the temperature, air quality, and lighting in your bedroom have been carefully synchronized to your sleep patterns. You tap your smartphone to start up the coffee machine and turn on some light morning music. During a short but vigorous pre-breakfast workout, the temperature in your home gym drops automatically. Later, a sensor tells you exactly where you left your car keys the night before, just as a separate prompt informs you that the plants are fine — except for the thirsty hibiscus, which you water on your way out.
You don’t need to lock the house or turn off the appliances; a proximity sensor detects when you leave the house, locks and shuts off everything, and then sends an alert message to your car’s central screen. There’s no traffic, because your (connected) car is managed through the best routes — and finding a (connected) parking space is a breeze. During the morning meeting, the refrigerator tweets from home: milk and coffee are low. But not to worry — it has automatically ordered fresh cartons of your favorite brands from the local retailer.
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Tags: Big Data, Cisco, Cisco Consulting Services, connected house, innovation, Internet of Everything, internet of things, IoE, IoE Value Index, IoT, Quantified Self, value at stake, Wearables
Happy Halloween from all of us at Cisco!
To celebrate, here’s a fun list of the top 5 ‘spookiest’ tech innovations –those inspired by sci-fi, made real life through incredible advances in STEM research and the growing connections in the Internet of Everything:
1. The Bionic Man: Not quite Steve Austin, Roboticists at Shadow Robot Co. in England have created the world’s first robot human made entirely of prosthetic parts. He can walk, talk, and even has a beating heart and circulatory system. We have the technology…
2. Invisibility Cloak: While Hogwarts might not be accessible to us muggles, scientists at HyperStealth Biotechnology have been working on the best camouflage fabric yet- it makes you invisible. Now if we just had a time-turner for some of those incredibly busy days!
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Tags: Emerging Technologies, Halloween, innovation, Internet of Everything, IoE, science fiction, stem