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The Internet of Everything is the Internet of Today

If you were one of the more than 20,000 people who attended Cisco Live Orlando in person or one of the 250,000 who joined us online, you were able to see amazing examples of new ways the Internet of Everything (IoE) is connecting people, process, data, and things. People have asked me how long before they can see the value of IoE in action. Let me be clear: The Internet of Everything is not the Internet of tomorrow, it’s the Internet of today. Our most recent research shows that $1.2 trillion of value is “up for grabs” in calendar year 2013 alone.
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The Model for Next Generation IT

The promise of the Internet of Everything (IoE) looms near, and as the networked connections between people, process, data and things exponentially increase, the opportunity for private industry sits at $14.4 trillion USD.  And the potential for humanity is limitless.  This means that the future of information technology (IT) will look very different.

Realizing the potential of IoE will require what I have been calling the Model for Next Generation IT.  It’s a familiar view of IT, but the value is shifting in each layer.  And as the value shifts, we’re seeing new business models emerge, in great part due to the adoption of cloud computing and everything as a service (XaaS).  But we must keep in mind the value that the network delivers in the future as I wrote in my earlier blog, “Three Truths About Networking – the Next Chapter”.

In the past, category leaders that provided separate components defined the infrastructure layer of IT. In fact, we referred to them by what they delivered – server companies, storage companies, networking companies, security companies and so on.  But as we see the needs for IT shift with the consolidation of major technology trends like mobility, cloud, M2M (or the Internet of Things / IoT), big data and analytics, and a whole new breed of applications -- the infrastructure needs in IT have changed. 

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