If you could look into the future and get information about when your car might break down, or your water heater leak, you would probably find it very helpful. The information would allow you to take care of any potential problems before they actually develop. Many industries are now taking advantage of this kind of predictive knowledge, made possible by sensor technology, which allows for remote monitoring of assets. Read More »
In our consumer-centric society, product recall announcements grab headlines and attention. As their costs continue to climb, enterprises have weathered recent recalls with record-breaking costs that have soared into the billions. Beyond the bottom-line, product recalls can also be costly to people’s quality of life – an outcome that both companies and consumers are motivated to avoid.
Thankfully, the Internet of Everything (IoE) is on track to make the last product recall a reality.
Imagine a world where organizations can predict failures, patch code and remove parts from the supply chain before defective products reach consumers, completely preventing product recalls. What if issues could be fixed with wireless software updates so that consumers didn’t have to physically return and replace products?
Recently, I had the chance to discuss these ideas and more in a new Future of IT podcast episode with Matt Littlefield, president and principal analyst at LNS Research where we discussed how IoE is making the last product recall a reality.
The Internet of Everything (IoE) has the potential to be worth an estimated $19 trillion. But this huge number means nothing if it isn’t improving people’s lives.
Industry visionaries are seeking ways to help businesses and people extract value from IoE. In healthcare, IoE promises to improve care delivery, enhance patient and visitor experiences, and create new care models we can only imagine.
This is partly because ‘dark assets’ – common objects not connected to the Internet – are being equipped with minute, yet technologically advanced sensors, transforming them into connected devices capable of generating useful data that can advance health services. Read More »
At Cisco, we often talk about the power of the Internet of Everything– to reduce traffic congestion, to refresh our refrigerators, to make our everyday lives more convenient. But now, the Internet of Everything is saving lives.
In 2012 alone, more than 1.7 million women were diagnosed with breast cancer — that’s more than 4,600 women diagnosed with this life-threatening illness every day.
It can be hard to wrap one’s mind around just how common, and equally devastating, cancer can be. It has affected me personally, as well as the lives of my closest family members and friends. When it touches your life, or those around you, the impact is deep and long lasting.
Statistics on the prevalence of breast cancer and the personal stories of those impacted can be frightening, but there is more than just hope. Incredible strides across all forms of cancer are happening, and in many cases, they come in the form of early detection through ground-breaking technology.
You’ve heard of the Internet of Things (IoT). In fact, you’re probably wearing a FitBit or Jawbone on your wrist. You may be the owner of a smart thermostat like Nest. Or you’ve recently heard the hype about self-driving cars.
These connected devices are changing the way we live, work and play – and there are many more to come.
Today, only 1% of all devices that could be connected to the Internet are connected to the Internet.
By 2020, 20 billion devices will come online, amounting to a $19 trillion market opportunity for businesses and consumers. This next era of the Internet – the Internet of Everything (IoE) – will connect not only things, but also people, process and data to transform how we track our fitness, regulate traffic, conserve energy, tackle poverty and more.
Don’t look now, but that guy’s app just measured his heartbeat when he saw you and we think it’s a match! Sound far-fetched? Well, it’s not.
In a very interesting (and possibly draining) year-long dating social experiment, a Newsweek contributor discovered that finding love has gone beyond reviewing online profiles, as some of the industry’s largest match-making companies are developing “wearables” and apps that are becoming the newest weapon in match-making. Utilizing everything from musical playlists to physiological reactions (like that racing heartbeat) the apps match daters in close vicinity with similar-minded interests. Not surprisingly, millennials are becoming some of the fastest adopters of the wearables movement.
In a recent survey, more than half of millennials revealed they were excited about the growth of the wearables market. And it’s no wonder, considering the fact that overall, millennials are an extremely connected and influential generation. They’ve grown up in a world where smartphones are the norm, social media apps are preferred communication platforms and an untold number of studies have been conducted on best practices for marketing to them. And the lens from which they view technology – as an expected day-to-day necessity – is part of the reason they’re the power behind the growing widespread adoption of wearable technology.
As the Internet of Everything continues to evolve and connect more people, process, data and things, wearable technology is not only delivering more information to us – but also bringing us all closer together. Holidays like Valentine’s Day are the perfect reminder that connections matter and go to the heart of who we are as people. Considering our natural inclination to seek out meaningful connections and the technology we have on-hand, wearables are on trend to become an invaluable networking tool, empowering an entire new level of collaboration and opportunities between employees, clients and business leaders.
According to the Cisco 2014 Connected World Technology Report, millennials believe a wearable device will be an important part of workplace 2020. Indeed, it’s estimated more than 177 million wearable devices will be in use by 2018. With a smart phone in one hand, and perhaps a fitness tracker attached to their wrist, mobility is an essential part of the millennial lifestyle. In other words, they are data-driven and businesses the world over have taken a new look at everything from their recruiting practices (using Skype for interviews) to mobile-office options to recruit and keep millennial talent on board. Companies who have embraced a holistic approach to mobility are moving in the right direction, as the millennial workforce shuns the idea of carrying multiple devices to perform work-related tasks.
A couple of years ago, I talked about a connected workforce, focusing specifically on millennials and how their perspective, as the newest generation of workers, would alter the employment scene as we know it. I’m by no means a fortune teller, but myself and the entire industry have seen this become reality. Through the tools of the Internet of Everything – wearables among them – millennials are empowered to connect with people who they have never had the chance to meet and learn from. These connections and the cross-sharing of ideas, goals and common experiences are opening up a new world of opportunity as the world changes and our connections evolve.
What type of new experiences and opportunities for wearables do you hope to see in the future? Share your thoughts here and be sure to follow the discussion using #Internet of Everything.
- Read The Internet of Everything and the Future of Wearable Technology: Three Ways to Get it Right
- Read Context…Not Content…Is King : How Mobility Is Accelerating Innovation in an IoE World
- See how wearables are changing healthcare in An Eye to the Future of Mobility: Wearables and Healthcare