The Internet of Everything: How more relevant and valuable connections will change the world (must watch video introduction!)
by Dave Evans, Chief Futurist, Innovations Practice, Internet Business Solutions Group, Cisco, November 29, 2012
- "It is important to understand that the real value of the Internet of Everything (IoE) lies in both the number and value of connections."
- "With this in mind, Cisco is currently determining the value that comes from a more connected economy. This work revolves around the premise of “value at stake.” In a business context, this is the potential value that can be created or will migrate among companies and industries in the emerging “Connections Economy” based on their ability to harness the Internet of Everything over the next decade (by 2023)."
- "In order to measure this value, the team is creating the Cisco Connections Index. The index will quantify the value of connections, which the team defines as “information flows,” across five enterprise domains—customer intimacy, employee productivity, supply chain and logistics efficiency, innovation, and asset utilization. When completed, the index will measure the extent and quality of these information flows for companies around the world."
Youtube video: The Internet of Everything: How More Relevant and Valuable Connections Will Change the World
A must watch video below:
If you enjoyed this, I recommend you read ‘Internet of Everything’ (IOE) to generate $14.4 trillion in value through 2020 … entrepreneurs and corporates need to move.