It has been 15 years since Kevin Ashton popularized the term the Internet of Things. How could we have known then what that would come to mean and the huge impact that it would have on our lives? Cisco projects that 50 Billion things (or devices) will be connected to the Internet by 2020; or, the equivalent of 6 devices for every person on the planet. This exponential growth of connected devices is fundamentally impacting both society and the economy—changing our lives forever.
However, with all of our focus and media attention on the Internet of Things, we are really missing the fundamental technology revolutions that are reshaping our world. Radical advances in processing, storage, wireless technologies and new ways of delivering technology are reshaping our world – all at a much faster speed and drastically reduced price.
In my view, the Internet of Things is really a short-hand for the five technology pillars that are shaping a revolutionary new, connected world. Read More »
Tags: Big Data, Cisco, cloud, devices, IoE, IoT, mobile, mobility, monetization, public wifi, security, Smart Cities, things, wifi, wireless
As we convene this week in Chicago for the 2nd annual Internet of Things World Forum (IoTWF), about 1,500 industry leaders worldwide are laser focused on capturing the $8 trillion economic opportunity of IoT. We launched the first annual IoTWF in Barcelona one year ago, and the industry has since progressed at breakneck speed.
A Forbes headline two months ago summed up the buzz: “It’s Official: The Internet of Things Takes Over Big Data as the Most Hyped Technology,” following the release of a Gartner Hype Cycle report. This is supported by the fact that media mentions of IoT have tripled since 2013 to more than 45,000 so far this year. Read More »
Tags: Cisco, Internet of Everything, internet of things, IoT, IoTWF, Smart Cities, Steve Koch
This week at the Internet of Things World Forum in Chicago, I premiered Cisco’s blueprint for vertical Internet of Things (IoT) success. When we envision how we can provide value to our customers, we don’t just look at one device or one use case. We want to completely transform how that industry does business. So, we consider the entire value chain of each industry, and then focus on business outcomes that will make the biggest impact.
Cisco’s IoT Value Chain approach can be boiled down to three steps: Read More »
Tags: IoT, iot world forum, IoTWF
Today we’ve successfully completed the IoT Innovation Grand challenge that was announced in April 2014. When Cisco embarked on this journey, our goal was to discover, recognize, promote and reward innovators, entrepreneurs and early-stage startup businesses with innovative ideas and solutions for IoT.
With over 800 submissions from 71 countries, the response has been absolutely amazing. We have received a diverse set of ideas that ranged from connected home to cognitive computing, connected manufacturing and advanced communications systems. Out of these submissions 19 teams advanced to Semifinals and 6 teams advanced to Finals. Read More »
Tags: Grand Challenge, innovation, IoT, IoTWF
At the ITS World Congress last month in Detroit, we saw a wide range of intelligent transportation solutions and concepts. The most popular solutions on display –presented by several Auto Manufacturers, ITS suppliers, and Cisco along with partner Cohda Wireless – were simulated and live Vehicle-to-Vehicle (V2V) and Vehicle-to-Infrastructure (V2I) demonstrations, which showed how vehicles will communicate to each other and to roadside infrastructure in the not-too-distant future. A key goal of V2V and V2I is safety, for drivers and pedestrians, as vehicles will be able to synchronize their movement with traffic lights, roads, toll plazas, rail crossings and of course other cars.
Cisco also showed how Connected Transportation solutions can leverage the intelligent – and virtualized – mobile core network. We demonstrated a [fictional] after-market connected car application (“CarConcierge”) that enables users to remotely start or unlock their car, do a car “health check,” and extract car-sourced analytics over an LTE mobile network. The demonstration showed how the Connected Transportation market will see an explosion of innovative new applications that mobile operators can monetize by providing secure, intelligent, and cost-effective connectivity and process automation to devices and vehicles.
Watch a video summary of the Cisco demonstration: Read More »
Tags: Brian Walsh, Connected Transportation, EPC, Evolved Packet Core, IoT, ITS World Congress, M2M, mobile operator, Service Provider, virtualization, Virtualized packet core