Cisco predicts $14.4 trillion for 'Internet of everything' over next decade | TigerDroppings.com
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Zilla
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Friendswood, TX
Member since Jul 2005
10134 posts

Cisco predicts $14.4 trillion for 'Internet of everything' over next decade

quote:

The so-called "Internet of everything," the rapidly approaching world where objects from refrigerators to factory robots can talk to people and other machines, will create a massive business opportunity worth $14.4 trillion over the next decade, according to a new study from Cisco Systems.

The Internet of everything, a phrase coined by Cisco to describe the networking of people, processes, data and objects, will encompass multiple industries, enabling customized online education, smart factories, and the smart energy grid, Cisco officials said. Over the next decade, that connection of new objects and people to the Internet puts $14.4 trillion at stake, with the opportunity including new profits and cost savings, the company predicted in the white paper, released late Monday.

More than 99 percent of physical objects are not now connected to the Internet, but Cisco expects 50 billion objects to be connected by 2020, officials said. New objects and people coming online creates a big investment incentive for companies, said Cisco Chief Marketing Officer Blair Christie.


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This post was edited on 2/20 at 8:58 am



Teddy Ruxpin
LSU Fan
New Orleans, LA
Member since Oct 2006
21993 posts

re: Cisco predicts $14.4 trillion for 'Internet of everything' over next decade
Skynet approaches


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OceanMan
UNO Fan
Member since Mar 2010
5144 posts

re: Cisco predicts $14.4 trillion for 'Internet of everything' over next decade
quote:

More than 99 percent of physical objects are not now connected to the Internet, but Cisco expects 50 billion objects to be connected by 2020, officials said


What an incredibly vague statement.


Powerman
LSU Fan
Corpus Christi, TX
Member since Jan 2004
121300 posts

re: Cisco predicts $14.4 trillion for 'Internet of everything' over next decade
It's not incredibly bold however

Eventually simple things like light fixtures in your home will be connected via bluetooth

The technology is already there. It just isn't commonplace yet.


schexyoung
LSU Fan
Deaf Valley
Member since May 2008
4605 posts

re: Cisco predicts $14.4 trillion for 'Internet of everything' over next decade
quote:

More than 99 percent of physical objects are not now connected to the Internet


What?

What does Cisco define as a physical object?


Bayou Tiger
LSU Fan
The Woodlands, TX
Member since Nov 2003
3355 posts

re: Cisco predicts $14.4 trillion for 'Internet of everything' over next decade
quote:

What does Cisco define as a physical object?
Good question. Just at a quick glance 99% of the physical objects in this room are not connected, including pencils, my shoes, and a muffaletta.


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RickAstley
LSU Fan
Reno, Nevada
Member since May 2011
1663 posts

re: Cisco predicts $14.4 trillion for 'Internet of everything' over next decade
It is going to be awesome when I am eating a delicious steak and a hacker places a virus on my my internet connected plate that enables it to start showing youtube videos of people throwing up each time I eat off of it.
This post was edited on 2/20 at 11:26 am


gizmoflak
Georgetown Fan
Member since May 2007
9344 posts

re: Cisco predicts $14.4 trillion for 'Internet of everything' over next decade
I'm mildly surprised auto-tweeting condoms aren't here yet





Mildly


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BayouNation
New Orleans Saints Fan
Member since Sep 2008
299 posts

re: Cisco predicts $14.4 trillion for 'Internet of everything' over next decade
Ipv6


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