The Internet of Things: Buzzword or Big Business? | Daily Magazine | Scoop.it
With trillions of end-point 'things', device cloud platforms, subnets for humans, machines, sensor networks and rampant innovation being fostered globally, the Internet of Things could have the same disruptive potential as the Internet itself.

 

Building on the foundation of the IoT, the Cisco (CSCO) vision is the Internet of Everything, which it defines as bringing together people, process, data, and things to make networked connections more relevant and valuable than ever before. Cisco believes that there is a $14.4 trillion value at stake in this market, which combines the increased revenues and lower costs that is created or will migrate among companies and industries from 2013 to 2022. The factors driving the trend include mainstreaming of sensors, cloud computing and the migration of everything to IP networks.


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