The sweeping changes driven by cloud and the Internet of Everything (IoE) are upending traditional models of IT consumption in dramatic ways.
In order to shed new light on these trends and their impact on IT, Cisco® Consulting Services (CCS), in partnership with Intel®, conducted a wide-ranging study. We explored the powerful changes affecting IT consumption at all stages — how businesses plan, procure, deploy, operate, and govern IT services. We also focused on the ways in which lines of business (LOB) — human resources, sales, and other areas that are end users of IT — are altering overall IT consumption.
Some of our most striking findings related to the differences in perception between developed and emerging markets. The “Impact of Cloud on IT Consumption Models” study surveyed 4,226 IT leaders in 18 industries across nine key economies during March and April 2013. For our purposes, “emerging markets” included Brazil, China, India, Mexico, and Russia,; developed markets were represented by Canada, Germany, United Kingdom, and the United States.
In all markets, cloud is overwhelmingly seen as a good thing. Despite the challenges and added complexity that cloud brings to IT organizations,
a strong majority feels that the business upsides outweigh the negatives. For example, 83 percent of respondents believe that cloud will positively impact IT planning. In addition, 81 percent see a positive impact from cloud on “IT funding and procurement.” Similar percentages apply across all other IT consumption lifecycle stages.
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Tags: Big Data, Cisco, Cisco Consulting Services, cloud, employee productivity, innovation, Internet of Everything, internet of things, IoE, IoE Value Index, IoT, IT, value at stake
In a few days, I have the opportunity to discuss how the Internet of Everything (IoE) is opening up new levels of innovation, business models, and economic opportunity to CIOs and IT leaders at the Gartner Symposium/ITxpo 2013.
It’s no small task explaining the vast possibilities the Internet of Everything can offer, but here’s a sneak peek of the key points including:
- Understanding the Internet of Everything. Despite all that is connected to the Internet, more than 99% of the world is still unconnected. As IoE works to connect people, process, data, and things that were previously unconnected, networked connections will become more relevant and more valuable than ever before, especially as we connect in new ways.
- The Tremendous Value at Stake. Cisco predicts that $14.4 trillion of value will be “at stake” over the next decade. That’s the combination of increased revenues and lower costs that is created or will migrate among private-sector companies and industries over the next 10 years. IoE has the potential to grow global corporate profits by an estimated 21% by 2022.
- Examples of Real-World Innovation. IoE is changing our lives in fields such as education, healthcare, and Smart+Connected Communities. Imagine how networked connections can bring together employees, teachers, students and more to increase productivity and efficiency. We are just cracking the surface of what’s possible.
- Technology Implications and Solutions for the IoE Economy. The network is the only connection point that touches everything (people, process, data and things) and must provide an intelligent, manageable, secure infrastructure that can scale to support billions of context-aware devices.
If you are attending the Gartner Symposium/ITxpo 2013, join me on October 7 as I demo real-world scenarios and offer steps today’s IT leaders can start taking now to capture the IoE Value at Stake. I look forward to seeing you there.
Presentation Title: Networked Connections Drive Business Innovation: The Internet of Everything
Date and Time: Monday, October 7, 2013, 3:45-4:30 p.m. ET
Gartner Symposium/ITxpo in Orlando, Florida
Tags: Cisco, connections, innovation, Internet of Everything, internet of things, IoE, IoT, value at stake
For as long as I remember, robots have always been cool. Perhaps it’s my passion for all things futuristic, but I don’t think I am alone in saying robots have provided a glimpse of what could be possible. Looking at today’s Internet of Everything (IoE) world, robots have advanced from the 1950s tin wind-up toy robots and the affable C-3P0 and R2-D2 from George Lucas’s Star Wars, to emerging technology that has the potential to improve our lives and increase shared connections.
Today’s “Ask the Futurist” question is focused on how robotic technology and its supporting networks will evolve over time. Here’s the question from William Maguire, a wireless engineer.
Question: “How do you think mesh networking will affect robotics in the next 20 years?”
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Tags: Cisco, forecast, innovation, Internet of Everything, internet of things, IoE, IoT, mobility, network, Tomorrow Starts Here
This past week, the Meeting of the Minds convened in Toronto, Canada with more than 375 invited CXOs debating the convergence of urban sustainability and connected technologies. During the three-day summit, a variety of smart public policies and breakthrough technology innovations were presented by leading innovators.
The solutions showcased– from lighting to energy grids to parking – are all designed to enable cities and metro-regions to better respond to increasingly complex challenges: urban planning, city design, network technology and infrastructure. As a keynote speaker, I had the opportunity to address a topic that was top of mind for many of these leaders – The Smart City Powered by the Internet of Everything (IoE).
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Tags: internet of things, IoE, Smart + Connected Communities, Smart Cities
A common cornerstone of both the Internet of Things and Internet of Everything concepts is the idea of a future with billions, if not trillions, of connections to the Internet. As the Internet of Everything connects objects, data, people and processes, the future of connected things will not be traditional computers or smartphones. Rather, it may be your refrigerator, or a traffic light, or even a litter box. Basically, anything that can have a status change that will interest someone has the potential to be connected to the Internet in order to alert you to that change.
The idea of being alerted to important information automatically is appealing. After all, if your refrigerator is having a cooling issue and it can send you a text alert, you can save money by taking corrective action before your milk and other products go bad. However, not all of the data generated by the Internet of Everything will be of high value. In fact, most of it will be of little value at all.
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Tags: Big Data, Cisco, connections, Internet of Everything, internet of things, IoE, IoT, sensors, smart things