Smart Cities and the Internet of Everything have become commonly used terms over the past year or two. Both represent huge opportunities for both business growth and also for the delivery of better services and experiences for consumers and citizens alike. The size of this IoE opportunity has been widely predicted to exceed $14 Trillion and within this just the Smart Cities component has been estimated to be worth $1,266 Billion by 2019. With this scale it is little wonder that it attracts a lot of interest and therefore a lot of very interesting innovation.
The Internet of Everything (IoE) brings together people, process, data and things to make networked connections more relevant and valuable than ever before. Smart and Connected Cities takes this and applies it in an urban environment to create new capabilities , richer experiences and unprecedented economic opportunity for businesses, individuals and countries.
While the Internet of Everything is about a connected grid of people, processes, data and things, what touches most of us is the ‘connecting people’ part of this equation.Within the greater IoE world, the Foundation for Delivering Next-Generation Citizen Services is how organizations and municipalities find innovative mechanisms to engage with us all. Read More »
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Typically art and technology make strange bedfellows. But the Internet of Everything Machine at Cisco Live San Francisco in June was undeniably one of the coolest interactive installations I’ve seen at a conference. The exhibit simulated an attendee’s journey through a city connected by real-time data, so each visitor got a unique and personalized digital city experience. More importantly, it demonstrated how the Internet of Everything will help a city run more efficiently and the positive impact that can have on citizens.
From streetlights that turn themselves off to save energy and recycling bins that communicate when they’re full, to self-adjusting traffic lights that prevent traffic jams and smart luggage that tracks itself – the possibilities are endless.
The Internet of Everything Machine was a temporary exhibit at Cisco Live, but the Internet of Everything is becoming our reality. While it is certain to shape our future, it’s also in action today. The Internet of Everything (IoE) is not a tangible item. Rather, it is the connections between people, process, data and things that create more valuable and relevant experiences than any of us could have ever imagined before.
Many elements that make up the Internet of Everything are not new and each can function independently. But, the true power of the Internet of Everything lies in all of them working together to create richer experiences and economic opportunities for everyone – businesses, individuals and even countries.
For example, a recent economic analysis estimates the Internet of Everything represents a $19 trillion opportunity for public and private sector organizations over the next decade. This occurs from cost savings, productivity gains, new revenue and improved citizen, worker and consumer experiences.
The Internet of Everything makes our everyday lives more convenient. Our ability to make payments from our smart devices, a store associate using a hand-held device to expedite checkouts and even one day riding in a self-driving car are all innovations made possible by the Internet of Everything.
The Internet of Everything Machine gave Cisco Live attendees a glimpse into a concept city that could run seamlessly with the Internet of Everything. And all over the world, corporations, municipal agencies and individuals have used it to improve their operations and even their health:
- In Dubai, one of the world’s fastest-growing and cosmopolitan cities, cranes that swing too close to one another are halted by an Internet-connected system, safeguarding a network of 37 cranes and 5,000 workers near the world’s tallest buildings.
- Though many of its operations take place deep inside mountains, Dundee Precious Metals utilizes WiFi-enabled vehicles, haulers and crushers and above-ground command centers to capture real-time data, resulting in a cost-savings of $2.5 million and production increase of 400%.
- Wearables have made great strides in improving healthcare and have the potential to save lives when seconds count. Already, 21% of Americans use wearable devices to help track health data. What’s even more exciting for the medical field and patient care is that wearables can be outfitted with technology that allows them to communicate with doctors and other healthcare professionals directly. A Band-Aid that indicates if a wound is healed, skin patch wireless blood glucose monitors and systems that sound an alert when it’s time to refill a prescription are all possible through the Internet of Everything.
- New York, a burgeoning “Smart City” has partnered with City 24x7 to make public communications available to anyone, anytime, anywhere with their Smart Screens. These screens are interactive and highly-visible in area train stations, malls and sport facilities and transmit offers, services and area information in real-time. And, they can be accessed via smartphones, tablets and laptops!
Through these few examples it’s easy to see that the Internet of Everything’s societal and enterprise advances are making a real impact. The Internet of Everything is changing everything about the way we live and the ways we can live. There will be challenges, but as John Chambers noted, overcoming them will take precedence, because the benefits are far too great to ignore.
Dream big – what are some of the innovations you’d like to see the Internet of Everything make possible? What does your City of Tomorrow look like? We want to know what examples of the Internet of Everything you see in your own City of Tomorrow – your neighborhood! Join the conversation online by tagging your photo and video examples with #InternetOfEverything and #CityOfTomorrow.
Be sure to follow @CiscoIoE on Twitter and join the conversation, #InternetOfEverything and #CityOfTomorrow.
Tags: Cisco, Erica Schroeder, Internet of Everything, internet of things, InternetofEverything, IoE, IoE Machine, IoT, Smart City
I recently wrote about how we are extending Cisco Entrepreneurs in Residence (EIR) and our open innovation strategy beyond Silicon Valley through local incubation partners in Chicago, San Diego and Berkeley. Our presence in these innovation hubs will enable us to discover, influence and learn from new ideas and talent at early-stage startups with potential to disrupt our industry.
Today, I am pleased to announce the launch of Cisco EIR Europe, extending our program to a non-U.S. innovation hub for the first time. Cisco EIR will be located initially in Vienna, where we plan to launch a small cohort of early-stage European startups by January 2015 – to be supported & incubated by Cisco – drawn from across EMEAR. As with Cisco EIR in Silicon Valley, we will look for game-changing entrepreneurs in IoE, security, Big Data/analytics, Smart Cities & other transformational opportunities that are in Cisco’s strategic line of sight. Also as in our Silicon Valley program, the startups will be supported by Cisco engineering & product teams as well as our EMEAR partner ecosystem. The Vienna-based program is intended to serve as the beachhead – our “Phase 1” – for a broader EU-wide footprint for Cisco EIR.
Key to our success is how we leverage the startup ecosystem that already exists in Europe. To this end, starting in Vienna, we have partnered with Pioneers, a leading startup community organization in Europe. More partnerships are in the works.
I know all of you will agree innovation knows no national boundaries. Europe, with its deep entrepreneurial talent, large market and history of innovation, presents a unique opportunity for us. Europe is also one of the key regions for our Smart Cities – as you saw from our recent announcement of a new Smart Cities initiative in Copenhagen, following similar projects in Barcelona, Amsterdam Chicago and Hamburg.
We are thrilled to forge relationships in the European startup community – and support entrepreneurs as partners in open innovation.
Tags: analytics, Big Data, Cisco, ciscoeir, cloud, entrepreneurship, EU, Europe, innovation, Internet of Everything, internet of things, IoE, IoT, Mala Anand, security, Smart Cities, Smart City, startups
Barcelona, Amsterdam, Nice, London and New York are arguably some of the world’s most cosmopolitan cities. However, they have more than glamorous fashions, exquisite cuisine and vibrant nightlife in common. All are connecting things, such as cars and trash cans, to the Internet, making their cities work more efficiently.
As the Internet of Things continues to grow and connect things, and the explosion of big data, cloud and mobile devices change our landscape, it’s important to emphasize that a connected life is more than just smart appliances. As more things, people, and data become connected, the power of the Internet (essentially a network of networks) grows exponentially.
This is what we call the Internet of Everything (IoE) – the network effect of bringing together people, process, data and things—to create better social, environmental and economic outcomes in businesses and communities.
Recently, I wrote about how innovative cities, like Copenhagen, and the surrounding districts of Albertslund and Frederikssund are taking decisive action to reinvent themselves with the latest network infrastructure linked to the Internet.
Here’s a closer look at a few examples of the Internet of Everything in action in cities all over the world:
- In Albertslund, work already has begun on the Danish Outdoor Light Lab (DOLL), which will become a showcase for smart lighting. Nearly 40 competing outdoor light solutions converged onto one open network will provide enormous potential to cut costs and consumption while improving public safety.
- In the Frederikssund district, just 25 miles from downtown Copenhagen, the greenfield City of Vinge has one of the greenest and most innovative master plans in Europe, setting the groundwork to be carbon neutral from the outset. Underpinning this goal are plans for an application-centric infrastructure that connects people, data, processes and things – the perfect example of the Internet of Everything.
- And in the Copenhagen municipality itself, smart lighting, parking, water management, smart grids and more all to be converged onto one network, and powered by sensors everywhere, will improve sustainability, resiliency and overall livability.
- Barcelona’s Born District, a bustling neighborhood of restaurants, shops and boutiques uses a customized network for reports on temperature, noise, humidity, particle-concentration and more, providing an overview of the city’s overall “livability.” The information is then relayed to city “situation” rooms, allowing officials to detect levels that are outside of set thresholds and improve on them.
- In London and other parts of the UK, the Internet of Everything is causing city and government administrators to begin thinking long-term about energy consumption and their manufacturing industry. Facing a looming energy shortfall and poised to take its place as an international manufacturing hub, the UK is taking full advantage of the reach of the Internet of Everything as it works to solve infrastructure and economic challenges.
These examples are just the beginning of how with the Internet of Everything can change our world.
Thirty years ago, there were just 1,000 connections to the Internet throughout the world. Today, with the help of app-centric infrastructure, sensors and mobile devices, there are about 13 billion connections, and this is still just 1 percent of what’s possible. The economic opportunity to connect the unconnected totals $19 trillion, comprising $4.6 trillion for the public sector, two-thirds of which can be realized by cities.
In 2020, we expect 50 billion things to be connected to the Internet, which will still be scratching the surface of what’s possible.
We know that data is doubling every two years, and according to IDC the digital universe will expand to 44 zettabytes, or 44 trillion gigabytes, annually by 2020. That’s even more staggering when you consider that today 90 percent of data is dark – it is only viewed once or not at all.
However, this explosion of data and apps – when properly optimized – presents unprecedented opportunities to better manage resources and improve quality of life. By embracing the Internet of Everything, cities across the globe can are lead the way toward a more sustainable world. Will your city be next?
Be sure to follow @CiscoIoE and join the conversation, #InternetOfEverything.
Tags: Cisco, Internet of Everything, internet of things, InternetofEverything, IoE, IoT, Smart City, Wim Elfrink
Chicago was recently announced as the host city for the Internet of Things World Forum this autumn, following Barcelona’s excellent performance as host last autumn. This forum is important because it’s already way more than just another collection of business types in a hotel.
It’s increasingly relevant for cities to want to host this event. Yes, the conference revenue is useful, but more than that it is an opportunity to showcase your city as forward thinking. Barcelona as host was a great example.
It’s fair to say that despite recent optimism, the world, and especially Western Europe and North America, is still recovering from the financial earthquakes of five years ago. Government deficit is everywhere. The response to the crisis in most western economies has been a series of austerity programmes, with social and other services being cut whilst taxes slowly rise. Everybody has been feeling the pain. Spain was one of the hardest-hit European economies. In Spain, youth unemployment exceeded 50%, with serious concerns in some parts of the country about the potential for social order breakdown. Read More »
Tags: #ciscochampion, barcelona, CES, Internet of Everything, Internet of Things (IoT), Internet of Things World Forum, recession, Smart City