BUSINESS INSIDER - Nov 4 - John Chambers also predicted that digital technologies including the IoT, cloud, and mobile will make 40% of companies in the world today irrelevant in 10 years, as many companies will fail to keep up with the accelerating pace of innovation in digital technology.
Cisco: Wearables Will Lead To A Massive Increase In Mobile Traffic
BETA NEWS - Feb 9 - The company’s Visual Networking Index (VNI) study estimated that there will be eight billion connected mobile devices come 2019, and 3.2 billion -- 40% -- will be machine-to-machine connections, including wearables. From this year to 2019 we will see mobile traffic from wearables increase by a factor of 18 - with most of that traffic happening via the user’s smartphone.
Will The IoT Become The Internet Of Broken Things?
CIO - Apr 17 - Cisco Systems estimates that the number of devices connected to the Internet will reach 50B by 2020. How will vendors ensure that these devices are compatible? We'll more likely see mergers, acquisitions and partnership activity before we see the influence of cross-industry, technical standards. Maciej Kranz, VP of the corporate technology group at Cisco, points to security as a top concern as well. Not everything that can be connected, will be connected — sensors will appear in things when it makes sense commercially, socially and for the greater public good. Cisco is working with the industry to solve these challenges, having recently announced a joint architecture with Rockwell Automation to improve IoT security.
by J.D. Sartain
See full article at CIO
Internet Of Things Market To Be Worth £17bn In UK
PCR - Apr 10 - The 'Internet of Things' is predicted to generate ~$613B in global profits, with $28.4B estimated to come from the UK, according to Cisco report. Cisco identified five areas in the UK that will see the biggest benefits from the market: healthcare, retail, transport, energy and manufacturing.
Consortium Wants Standards For ‘Internet Of Things’
NY TIMES - Mar 27 - A consortium of industrial giants, including AT&T, Cisco, General Electric, IBM and Intel said that they would cooperate to create engineering standards to connect objects, sensors and large computing systems in some of the world’s largest industrial assets, like oil refineries, factories or harbors. The White House and other US governmental entities were also involved in the creation of the group, which is expected to enroll other large American and foreign businesses. The group is called the Industrial Internet Consortium, and hopes to establish common ways that machines share information and move data.
Wearable Technology Conference To Be Held Next Week
CHANNEL EMEA - Mar 12 - Next week’s Wearable Technology Conference (WTC) in London will include keynote speeches from Intel’s chief futurist and strategist, Steve Power Brown, and Dave Evans, innovation guru for Cisco. The two-day event, which takes place at Olympia in London on March 18th and 19th, will feature 30 exhibitors with a number of UK product launches expected.
by Stuart Wilson
See full article at Channel EMEA
Cisco: The IoT To Make A Massive Impact Within 10 Years
THE STAR - Mar 4 - Cisco's CEO John Chambers predicts the ‘Internet of Everything' is going to be 10 times bigger than the Internet in terms of impact. "When I came to Cisco there were about a thousand things connected to the Internet, now there are 10B; by the end of the decade there will be 500B." Figures published by the GSMA show that from cars to smart meters and smart cities, there are ~195M objects other than phones accessing the Internet via SIM cards and the figure is growing rapidly.
Cisco Offers $100M For Internet Of Things Startups
SILLICON VALLEY BUSINESS JOURNAL - Feb 13 - Cisco Systems hopes the Internet of Things will help stop its continuing revenue decline and announced a new $100M fund to invest in startups working on that technology. Cisco projects that it expects its service revenue to grow from 20% of sales to 30% in the future as cars, appliances and devices communicate more and more through the cloud. Internet of Things could generate $4.6 trillion in value for public sector organizations over the next decade, Cisco projects.
by Cromwell Schubarth
See full article at Sillicon Valley Business Journal
Internet Of Things Is A $19 Trillion Opportunity
WASHINGTON POST - Jan 29 - Cisco CEO John Chambers predicted the Internet of Things (IoT) would be a $19 trillion market over the next several years. IoT is a term for connected sensors, devices and objects. Cisco is establishing itself as a network provider enabling the IoT. In May, it acquired energy data management company JouleX, and created a new Internet of Things division. A few of Cisco’s public sector customers explained how they use IoT to operate more efficient. The Smithsonian Institution’s museums are offering wireless access in museums, 3D diagrams of historical artifacts online, and a mobile app called Leafsnap that can identify leaf species through photographs.
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