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Cisco Projects the Internet of Things to be a 14 Trillion Dollar Industry

Cisco Projects the Internet of Things to be a 14 Trillion Dollar Industry | Genesis | Scoop.it

Twenty years ago, there were about 3 million devices connected to the Internet. By the end of this decade, Gartner estimates that there will be 26 billion devices on the global network.

 

This can only mean one thing: We’re living in the Internet of Things.

With anything and everything — including trees, insects, pill bottles, and sinks — going online, Cisco projects the Internet of Things to be a $14 trillion revenue opportunity.Helping people remember their daily medicine with light-up bottle caps and preventing illegal logging and monitoring traffic in real-time are worthwhile goals. But they are point solutions. They don’t resonate in our lives in ways that make it impossible to imagine how we lived without them.

 

In order for the Internet of Things to truly work, context about ourselves (think interests, location, intent) is required. Here are some reasons why the Internet of Things will only come to fruition in identity is incorporated into the user experience.

 

A wristband that measures your steps and heart rate is a helpful fitness tool. However, if that’s all it does, then it is nothing more than a tool, no matter how many other devices it can connect to. But what about a wristband that knows the wearer’s identity, understands his fitness routines, and tells the treadmill to speed up or slow down based on the wearer’s heart rate and exercise goals?

 

This sort of personalized connectedness delivers true value and breeds customer loyalty by tapping into each user’s unique situation and background. And it all starts with a deep understanding of of users’ identities.

 

In the Internet of Things, devices need to participate in a constant conversation with one another, their owners’ social feeds, and outside field of interest. Any device which relies on a one-time data dump will quickly become irrelevant. Connected devices need to be able not only to verify identity but also be flexible enough to grow and adapt as new channels and data points emerge.


The Internet of Things should model the kind of tailored, identity-driven recommendations today’s consumer is accustomed to receiving from leading brands like Amazon, Netflix and Spotify. To compare and contrast, let’s say you have a refrigerator that reorders eggs when you run out. Such a feature would be helpful, but likely would not deliver enough value to gain widespread adoption. However, if your refrigerator automatically shops for a recipe you just pinned, and recommends three new options for dinner based on what you have in the house and your dinner party, that’s extraordinary.


Via Dr. Stefan Gruenwald
Siegfried Holle's insight:

We are moving to an age of personal abundance .It is an exciting time .

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Matt Mayevsky's curator insight, July 1, 2014 4:46 AM

Paradigm shift from clouding to Internet of Things

Marc Kneepkens's curator insight, July 3, 2014 10:08 AM

Huge acceleration in the tech world. Jobs are being created as we speak, startups have a long ways to go still, many more are needed.

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Canada paying more than double for common generic drugs, study says

Canada paying more than double for common generic drugs, study says | Genesis | Scoop.it
Canada is paying more than double for six commonly used generic drugs compared with other developed countries because of a “highly unusual” purchasing plan, according to a new study released Tuesday. Researchers found that through a mix of negotiations with drug companies and calls for tender, countries such as New Zealand,...
Siegfried Holle's insight:

Why we are hitting the wall sooner then necessary?  Greed and stupidity....... 

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Pot should be legalized, sold like alcohol, says addiction centre

Pot should be legalized, sold like alcohol, says addiction centre | Genesis | Scoop.it
Canada's largest mental health and addiction treatment and research centre is calling for the legalization of marijuana, with strict controls that would govern who could buy weed, from where, and in what quantity.
Siegfried Holle's insight:

Sanity needed and freedom of choice trend growing.

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Behind every crumbling downtown is a billionaire who wants to save it

Behind every crumbling downtown is a billionaire who wants to save it | Genesis | Scoop.it
Detroit ponders its dependence on billionaire Dan Gilbert just as another high-profile effort to revive a downtown in Las Vegas, led by another tech CEO, hits the rapids.
Siegfried Holle's insight:

Opportunity insights on Detroit?

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The Incremental Adoption of Electronic Currencies :: The Mises Economics Blog: The Circle Bastiat

The Incremental Adoption of Electronic Currencies :: The Mises Economics Blog: The Circle Bastiat | Genesis | Scoop.it
Electronic currencies are typically viewed as "disruptive" innovations that will upset the existing structure of the banking industry (and even the
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The 8 Cover Letters You Need to Read Now - Land that #Interview

The 8 Cover Letters You Need to Read Now - Land that #Interview | Genesis | Scoop.it
These people have some of the best cover letters you'll ever read. Seriously.

Via Lori Cheezem, Patricia D. Sadar - Leadership Strength Coach
Siegfried Holle's insight:

excellent food for thought

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Cisco Projects the Internet of Things to be a 14 Trillion Dollar Industry

Cisco Projects the Internet of Things to be a 14 Trillion Dollar Industry | Genesis | Scoop.it

Twenty years ago, there were about 3 million devices connected to the Internet. By the end of this decade, Gartner estimates that there will be 26 billion devices on the global network.

 

This can only mean one thing: We’re living in the Internet of Things.

With anything and everything — including trees, insects, pill bottles, and sinks — going online, Cisco projects the Internet of Things to be a $14 trillion revenue opportunity.Helping people remember their daily medicine with light-up bottle caps and preventing illegal logging and monitoring traffic in real-time are worthwhile goals. But they are point solutions. They don’t resonate in our lives in ways that make it impossible to imagine how we lived without them.

 

In order for the Internet of Things to truly work, context about ourselves (think interests, location, intent) is required. Here are some reasons why the Internet of Things will only come to fruition in identity is incorporated into the user experience.

 

A wristband that measures your steps and heart rate is a helpful fitness tool. However, if that’s all it does, then it is nothing more than a tool, no matter how many other devices it can connect to. But what about a wristband that knows the wearer’s identity, understands his fitness routines, and tells the treadmill to speed up or slow down based on the wearer’s heart rate and exercise goals?

 

This sort of personalized connectedness delivers true value and breeds customer loyalty by tapping into each user’s unique situation and background. And it all starts with a deep understanding of of users’ identities.

 

In the Internet of Things, devices need to participate in a constant conversation with one another, their owners’ social feeds, and outside field of interest. Any device which relies on a one-time data dump will quickly become irrelevant. Connected devices need to be able not only to verify identity but also be flexible enough to grow and adapt as new channels and data points emerge.


The Internet of Things should model the kind of tailored, identity-driven recommendations today’s consumer is accustomed to receiving from leading brands like Amazon, Netflix and Spotify. To compare and contrast, let’s say you have a refrigerator that reorders eggs when you run out. Such a feature would be helpful, but likely would not deliver enough value to gain widespread adoption. However, if your refrigerator automatically shops for a recipe you just pinned, and recommends three new options for dinner based on what you have in the house and your dinner party, that’s extraordinary.


Via Dr. Stefan Gruenwald
Siegfried Holle's insight:

We are moving to an age of personal abundance .It is an exciting time .

more...
Matt Mayevsky's curator insight, July 1, 2014 4:46 AM

Paradigm shift from clouding to Internet of Things

Marc Kneepkens's curator insight, July 3, 2014 10:08 AM

Huge acceleration in the tech world. Jobs are being created as we speak, startups have a long ways to go still, many more are needed.

Rescooped by Siegfried Holle from Business Improvement
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7 Ways to Handle Constant Interruptions

7 Ways to Handle Constant Interruptions | Genesis | Scoop.it

Via Daniel Watson
Siegfried Holle's insight:

Great productivity enhancer

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Daniel Watson's curator insight, June 8, 2014 7:26 AM


Constant interruptions seem to be part and parcel of the daily life of a business owner, but  as every interruption plays havoc with productivity and overall performance, a business owner needs to work to limit the number of interruptions that impact on their day.


Whilst interaction with employees is a necessary part of being a leader, a business owner needs to also complete a daily list of tasks, and to be able to do so he/she must be protective of the time they have available each day.


This excellent article, suggests that constant interruptions are the greatest source of impaired productivity, and it offers seven ways for a business owner to deal with interruptions to their day.

Mercedes Jahn's curator insight, June 8, 2014 11:52 AM

I can definitely help !

 

Denise Gabbard's curator insight, June 9, 2014 1:33 PM

Interruptions and distractions are an issue for most writers. 

Rescooped by Siegfried Holle from M-learning, E-Learning, and Technical Communications
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Can a $7 gadget change the world?

Can a $7 gadget change the world? | Genesis | Scoop.it

Via Danielle M. Villegas
Siegfried Holle's insight:

Moore's law at its best

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Claude Salem's curator insight, May 18, 2014 12:05 PM

Only one piece of the puzzle. But certainly a realistic alternative to waiting for a critical mass of individualized mobile devices (smartphones,tablets,laptops).  

TROUDE JOEL's curator insight, May 27, 2014 4:36 AM

#Keepod : un système d'exploitation sur une clef USB, l'accès au net pour tous  et un nouveau marché pour les ordinateurs au rebut ?

graham j. passmore's curator insight, June 18, 2014 9:06 AM

Promote reading for $7 

Rescooped by Siegfried Holle from E-Learning and Online Teaching
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7 Brain-based Tips for eLearning Success

7 Brain-based Tips for eLearning Success | Genesis | Scoop.it

The brain is constantly on the lookout for ways to improve by obtaining new knowledge and skills, even before birth. Unfortunately, retaining information can be challenging, simply because instructors and course designers do not always use methods that facilitate remembering. The following seven points look at key principles from neuroscience research paired with tips that will allow course creators to achieve effective eLearning development.


Via Dennis T OConnor
Siegfried Holle's insight:

food for thought

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Rob Hatfield, M.Ed.'s curator insight, May 1, 2014 8:58 PM

These are good tips to use in your teaching and learning environment.

Sandra Carswell's curator insight, May 1, 2014 11:48 PM

Must read.

Iris Velasquez P's curator insight, May 3, 2014 8:44 AM

Muy interesante y útil.

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Getting an elite MBA for free: It's possible - Fortune

Getting an elite MBA for free: It's possible - Fortune | Genesis | Scoop.it
Getting an elite MBA for free: It's possible
Fortune
For one, the best teachers are usually the most innovative and passionate faculty members. And MOOCs are the new frontier in education.
Siegfried Holle's insight:

you make the difference - you are the action standard for you 

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Connecting Storytelling & The Customer Experience

Connecting Storytelling & The Customer Experience | Genesis | Scoop.it
Archetypes as Behaviors An archetype is essentially 'a universally understood symbol, term, or pattern of behavior, which serves as a prototype upon which others are copied, patterned, or emulated.' Jung talked about archetypes as universal,...

Via Karen Dietz
Siegfried Holle's insight:

Good stories have better traction and outcomes 

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Karen Dietz's curator insight, November 30, 2013 2:55 PM

Titled Archetyes, The Hero's Journey & The Telling of Stories by Gunther Sonnenfeld, this article is all about using the Hero's Journey to understand your customer's experiences.


How ingenious! And a critical perspective. It's hard to figure out how customers experience a business -- from discovery to purchase -- so any models that can help us are welcome.


Sonnenfeld reminds us that storytelling is participatory and this figures into the customer experience equation. Hallelujah. He then goes on to share with us how to design the customer experience based on both participation and the Hero's Journey model.


It all makes perfect sense, and definitely brings clarity to the topic of story and customer experiences. Enjoy!


This review was written by Karen Dietz for her curated content on business storytelling at www.scoop.it/t/just-story-it 

Denyse Drummond-Dunn's curator insight, December 3, 2013 3:49 AM

Interesting new persepctive on the customer journey; hope you find inspiration in it.

LaraBadioli's curator insight, December 3, 2013 8:42 AM

Archetipi e storie universali

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"Nanograss" boosts the efficiency of organic solar cells

"Nanograss" boosts the efficiency of organic solar cells | Genesis | Scoop.it
A long sought-after nanograss structure promises to significantly boost the efficiency of organic solar cells by capturing light more efficiently while al...
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Booming Saskatoon : Prime time : SunNews Video Gallery

Booming Saskatoon : Prime time : SunNews Video Gallery | Genesis | Scoop.it
Watch the latest on-air news and political coverage, as well as in-depth feature stories from the Sun News Network.
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World's first solar battery claimed to "run on light and air"

World's first solar battery claimed to "run on light and air" | Genesis | Scoop.it
Researchers have created a dye-sensitized solar cell that stores its own power by breathing air to decompose and re-form lithium peroxide. Its creators be...
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How Do We Fix the Ivy League? - The American Conservative

How Do We Fix the Ivy League? - The American Conservative | Genesis | Scoop.it
The American Conservative
How Do We Fix the Ivy League?
The American Conservative
In an article for The New Republic, he cautions parents and students against pursuing an Ivy League institution. The schools ...
Siegfried Holle's insight:

Knowledge not labels is the key

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20,000+ FREE Online Science and Technology Lectures from Top Universities

20,000+ FREE Online Science and Technology Lectures from Top Universities | Genesis | Scoop.it

The following topics are covered:

 

Aerospace, Anthropology, Astrobiology, Astronomy, Astrophysics, Biochemistry, Bioengineering, Biology, Biotechnology, Chemistry, Civil Engineering, Cognitive Science, Computers, Cosmology, Dentistry, Electrical Engineering, Engineering, Environment, Future, General Science, Geoscience, Machine Learning, Material Science, Mathematics, Mechanical Engineering, Medicine, Metallurgy, Mining, Nanotechnology, Oceanography, Philosophy, Physics, Physiology, Robotics, and Sociology.

 

Lectures are in Playlists and are alphabetically sorted with thumbnail pictures. No fee, no registration required - learn at your own pace. Certificates can be arranged with presenting universities.

 

NOTE: To subscribe to the RSS feed of Amazing Science, copy http://www.scoop.it/t/amazing-science/rss.xml into the URL field of your browser and click "subscribe".

 

This newsletter is aggregated from over 1450 news sources:

http://www.genautica.com/links/1450_news_sources.html

 

All my Tweets and Scoop.It! posts sorted and searchable:

http://www.genautica.com/tweets/index.html

 

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NOTE: All articles in the amazing-science newsletter can also be sorted by topic. To do so, click the FIND buntton (symbolized by the FUNNEL on the top right of the screen)  and display all the relevant postings SORTED by TOPICS.

 

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Via Dr. Stefan Gruenwald
Siegfried Holle's insight:

Your knowledge is your strength and power 

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Casper Pieters's curator insight, March 9, 2014 7:21 PM

Great resources for online learning just about everything.  All you need is will power and self- discipline.

Saberes Sin Fronteras OVS's curator insight, November 30, 2014 5:33 PM

Acceso gratuito a documentos de las mejores universidades del mundo

♥ princess leia ♥'s curator insight, December 28, 2014 11:58 AM

WoW  .. Expand  your mind!! It has room to grow!!! 

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7 Tips to Help You to Say 'No' More Often

7 Tips to Help You to Say 'No' More Often | Genesis | Scoop.it

Via Daniel Watson
Siegfried Holle's insight:

Enhance your ability with simple power of saying No.

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Mercedes Jahn's curator insight, May 27, 2014 6:46 PM

Do you need to say No more often??

Marilú Aranda Landa's curator insight, May 28, 2014 9:27 AM

No! No y no :) Buen día y saludos amigos de la Riviera Maya!

Puerto Morelos los espera con los brazos abiertos!

www.puertomorelosspanishcenter.com

 

Jeremy Barton's curator insight, May 28, 2014 9:29 AM

It is not only great to able to say no, it is sometimes the right thing to say.

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Princeton University - Senior thesis: Evaluating alternative academic credentials

Princeton University - Senior thesis: Evaluating alternative academic credentials | Genesis | Scoop.it

Via Danielle M. Villegas
Siegfried Holle's insight:

Mooc's will make the difference 

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Danielle M. Villegas's curator insight, May 12, 2014 1:16 PM

I found this on LinkedIn, and of course mentions Princeton University, which is just up the road from me. 

 

I found this article rather intriguing, as the student looked at both traditional and alternative methods of learning, and found that in some cases, alternative methods yielded the same or better results than traditional methods. As a former online grad student, I can tell you that it was a little difficult, even as recently as two years ago, to convince people that my MSPTC from a brick-and-mortar school taken entirely online was as stringent and comprehensive as if I went to classes in person.  I still see alternative education as a viable method, but as this student points out, since many alternative methods don't issue a "degree", some sort of standard needs to be agreed upon by those supplying the alternative methods of learning to be able to provide a credential or "legitimize" the coursework taken.

--techcommgeekmom 

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Robot arm gets official US approval

Robot arm gets official US approval | Genesis | Scoop.it

Via Danielle M. Villegas
Siegfried Holle's insight:

to the age of abundance-cheers

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Danielle M. Villegas's curator insight, May 12, 2014 2:55 PM

This is just another article about cool technology that's coming out now. This was created by the same company that created the Segway (and despite what anyone says, unless you've been on one, you don't know how great they actually are). Watch the video embeded in the article. Neat stuff! More of the cyber age coming to fruition!

--techcommgeekmom

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KIPP's Michael Feinberg on Closing the Worldwide Education Gap - Knowledge@Wharton

KIPP's Michael Feinberg on Closing the Worldwide Education Gap - Knowledge@Wharton | Genesis | Scoop.it
KIPP's Michael Feinberg on Closing the Worldwide Education Gap Knowledge@Wharton These are the children who often fall through the cracks of America's education system, but KIPP focuses on ensuring these students go to college, graduate from...
Siegfried Holle's insight:

knowledge is power program  is great

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5 Ways to Keep Your Company Ahead of the Curve

5 Ways to Keep Your Company Ahead of the Curve | Genesis | Scoop.it
The world is advancing faster than ever before. Can you keep up? Here Inc. columnists share how to stay ahead of the game.

Via Eric_Determined / Eric Silverstein
Siegfried Holle's insight:

be proactive and embrace the chase

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Eric_Determined / Eric Silverstein's curator insight, December 6, 2013 6:40 PM

5 valuable insight for all businesses to follow.


One thing you can be assured of is ongoing changes. If you are not ready to adapt, you can certainly expect your competitors will.


What are your thoughts on the advice given?