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The Internet of Everything (IoE) is visioned by the Internet of Things (IoT)
Don't miss out on this - when you finally get around to it -- You Will Like It.
Forbes tells us, "The Internet of Things (IoT) has rapidly become one of the most familiar — and perhaps, most hyped — expressions across business and technology. That hype, however, is entirely justified and is backed up by the numbers.
"The world will see 25 billion Internet-connected things by 2020, and Gartner estimates that the IoT will produce close to $2 trillion of economic benefit globally. These things are not general purpose devices such as smartphones and PCs, but dedicated objects, such as vending machines, jet engines, connected soap dispensers and a myriad of other examples."
Intelligent devices, with embedded software applications, are recognized as the core value of device offerings and enable manufacturers to transform from offering basic devices to offering technology solutions with differentiated, higher value.
The Internet of Everything will Change How We Live
And the value that it will bring will be epic. In fact, the Internet of Everything has the potential to create $19 trillion in value over the next decade. For the global private sector, this equates to a 21 percent potential aggregate increase in corporate profits—or $14.4 trillion.
The global public sector will benefit as well, using the Internet of Everything as a vehicle for the digitization of cities and countries. This will improve efficiency and cut costs, resulting in as much as $4.6 trillion of total value.
Beyond that, it will help (and already is helping) address some of the world’s most vexing challenges: aging and growing populations rapidly moving to urban centers; growing demand for increasingly limited natural resources; and massive rebalancing in economic growth between briskly growing emerging market countries and slowing developed countries.
The vision of the future will overcome our differences and allow people to Play to Win in place of Fighting to Win.
organized and curated by Glen Brink, WorldProfitUniversity.com
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