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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 | trends of the future | 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
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Paradigm shift from clouding to Internet of Things

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Marc Kneepkens's curator insight, July 3, 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.

Siegfried Holle's curator insight, July 4, 8:40 AM

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

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INFOGRAPHIC: The Cloud, The Internet and International Business

INFOGRAPHIC: The Cloud, The Internet and International Business | trends of the future | Scoop.it

The Internet has been recognized as an important tool for modern international business. It can revolutionize international commerce. Not only can the Internet help small to medium sized enterprises (SMEs) access easily to market and compete but it can also enable SMEs to respond flexibly to new international market opportunities.


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Peter Azzopardi's curator insight, August 25, 6:18 PM

The infographic The Rise of the Internet of Things was provided by Jabil.com

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Enabling a new future for cloud computing

Enabling a new future for cloud computing | trends of the future | Scoop.it
The National Science Foundation (NSF) today announced two $10 million projects to create cloud computing testbeds—to be called 'Chameleon' and 'CloudLab'—that will enable the academic research community to develop and experiment with novel cloud architectures and pursue new, architecturally-enabled ...

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Peter Azzopardi's curator insight, August 22, 6:31 PM

"Today's clouds are designed with a specific set of technologies 'baked in', meaning some kinds of applications work well in the cloud, and some don't," said Robert Ricci ...

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This chart shows the world’s internet usage shifting to smartphones

This chart shows the world’s internet usage shifting to smartphones | trends of the future | Scoop.it
It’s well known that mobile phones are increasingly the primary device for accessing the internet across the world. Here’s a great way to illustrate that using Google’s Public Data service.

Via Brian Yanish - MarketingHits.com, massimo facchinetti
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Donna Fry (@fryed)'s curator insight, August 19, 11:34 AM

This is important data when making decisions about devices for students.

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6 Ways Your Brain Tries To Kill Your Ideas And How To Fight Them

6 Ways Your Brain Tries To Kill Your Ideas And How To Fight Them | trends of the future | Scoop.it
These common excuses for stalled creativity hit close to home, but at their core, they're pretty weak.

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Gary Harwell's curator insight, August 20, 2:29 AM

We have enough outside forces attacking our creativity... Now it's it's our own brain ......?

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Daily Overview: Captivating Satellite Images of Earth

Daily Overview: Captivating Satellite Images of Earth | trends of the future | Scoop.it
If you like spending hours on Google Maps looking at the Earth from space, then you’re going to fall in love with a new website called The Daily Overview – an online initiative featuring breathtaking satellite images of our cities and the impact human activity has on our planet.

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Magic Quadrant for Unified Communications

Magic Quadrant for Unified Communications | trends of the future | Scoop.it

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David Ednie's curator insight, August 12, 10:54 AM

Microsoft Lync continues to make significant gains in the market and is attractive to a broad range of enterprises. In many cases, it is initially deployed for its IM, presence and Web conferencing functionalities, with gradual incremental deployments of telephony and video added as follow-on phased deployments for specifically targeted groups or regions.

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How Far Away Is The Internet Of Things? - CloudTweaks.com

How Far Away Is The Internet Of Things? - CloudTweaks.com | trends of the future | Scoop.it
Internet Of Things - The internet of things is still very limited when compared with the grandiose statements we hear about its potential. The wearable tech (How Far Away Is The Internet Of Things?

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23 Things You Need to Know About the Cloud and Collaboration

23 Things You Need to Know About the Cloud and Collaboration | trends of the future | Scoop.it
A checklist of key statistics about cloud content and collaboration (Interesting statistics: 27 things you need to know about #Cloud and collaboration from @jmancini77 #infogov #ECM http://t.co/jlypMsIQn1)...

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Why Cloud ERP Adoption Is Faster Than Gartner Predicts

Why Cloud ERP Adoption Is Faster Than Gartner Predicts | trends of the future | Scoop.it
A recent study completed by Gartner titled Survey Analysis: Adoption of Cloud ERP, 2013 Through 2023 published on January 24, 2014, written by Nigel Rayner advises CIOs and application leaders of f...

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Companies that rule the “Internet of Things”

Companies that rule the “Internet of Things” | trends of the future | Scoop.it
The Internet of Things (IoT) has been a buzz in the IT industry for some time, and the largest technology players are moving quickly to stake out the territory.

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Christian Verstraete's curator insight, August 4, 1:25 AM

Will be interesting to see this list evolve over the next couple years when IoT becomes reality.

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Las posibilidades de una impresora 3D #infografia #infographic #tech

Las posibilidades de una impresora 3D #infografia #infographic #tech | trends of the future | Scoop.it
Hola: Una infografía sobre las posibilidades de una impresora 3D. Un saludo Find more great infographics on NerdGraph Infographics

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INFOGRAPHIC: What is the Cloud?

INFOGRAPHIC: What is the Cloud? | trends of the future | Scoop.it
Security should be a top priority for any business. Especially these days, with news of another hack or data breach being reported in the news every week.

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Peter Azzopardi's curator insight, July 19, 6:14 PM

Excellent Infographic from Stratosphere Networks on the meaning behind the word.

 

Momentis Systems's curator insight, July 21, 8:51 AM

Great infographic that truly captures the importance of #Cloud and it's central importance in our technology driven business world.

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Experts Forecast Global SaaS based ERP Software Market to Grow at a CAGR Of 13.8%

Experts Forecast Global SaaS based ERP Software Market to Grow at a CAGR Of 13.8% | trends of the future | Scoop.it
Why SaaS Based ERP Software Is Gaining Popularity?Unlike the conventional method of purchasing ERP software licenses, there is a growing trend among organizations, where Software as a Service (SaaS) based model allows them to rent or license an ERP software package for a protracted period of time. It is a vicious circle where increased demand for S...

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Peter Azzopardi's curator insight, July 22, 11:39 AM

The benefit of SaaS based ERP, is that, enterprises do not need to bother with the ever evolving software updates. Besides, maintenance, increased storage requirements and troubleshooting issues are also handled at remote locations by the vendor.

 

Guest Post: Thanks to @Pranit Banthia for the scoop.

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Nicholas Felton Had 95,000 Conversations Last Year And Mapped Each One

Nicholas Felton Had 95,000 Conversations Last Year And Mapped Each One | trends of the future | Scoop.it
Life quantification pioneer Nicholas Felton's latest annual report is his most ambitious to date.

For the last nine years, Nicholas Felton--who you may know best for inspiring the Facebook timeline or creating the life-logging app Reporter--has been recording some aspect of almost every moment of his life. And each year, he turns this data into a elegant, printed book that visualizes the year called The Feltron Report...


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Cloud Computing and Cloud Storage: A Quick Consumers' Guide

Cloud Computing and Cloud Storage: A Quick Consumers' Guide | trends of the future | Scoop.it
Cloud-based computing and storage really has become in some ways the best option for backing up and sharing files and data. Here are some good options for consumers.

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Peter Azzopardi's curator insight, August 11, 2:41 AM

Because cloud computing is still a relatively new concept for consumers, they may feel overwhelmed and make poor choices. The first step when choosing a safe provider that also fits your needs is to take in a few cloud-based safety considerations. ....

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Cloud Technology Is The Final Piece Of The Globalization Puzzle


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What Does Your Life Look Like in Weeks?

What Does Your Life Look Like in Weeks? | trends of the future | Scoop.it

We all know our life has a limited number of years, and if we’re optimistic that might be 90. You’d think with such a small number like 90 we’d be more willing to make the most of each year, but most of us are pretty short sighted, letting each small day pass without any more motivation than getting to those two glorious days we call the weekend. Maybe there’s a better way to visualize this…

Tim Urban over at the hilariously thought provoking Wait But Why is helping us see our life broken down into its segments of time. Where does your life fit in?

 


Via Lauren Moss
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40 Maps That Explain The Internet

40 Maps That Explain The Internet | trends of the future | Scoop.it

The internet increasingly pervades our lives, delivering information to us no matter where we are. It takes a complex system of cables, servers, towers, and other infrastructure, developed over decades, to allow us to stay in touch with our friends and family so effortlessly. Here are 40 maps that will help you better understand the internet — where it came from, how it works, and how it's used by people around the world.


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Edgar Mata's curator insight, August 21, 11:50 PM

Here are 40 maps that will help you better understand the internet

Deb Nystrom, REVELN's curator insight, August 22, 1:00 PM
Here's why the Internet works, "... because open standards allow every network to connect to every other network.  (So far...)   This is what makes it possible for anyone to create content, offer services, and sell products without requiring permission from a central authority.

It levels the playing field for everyone and it’s the reason why we have a rich diversity of applications and services that many of us enjoy today.

Source:  Internetsociety.org    ~  D 

Well Connected Mom's curator insight, August 22, 8:04 PM

Curious how the Internet started?  These maps of servers show the progression.

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INFOGRAPHIC: The Internet Of Things In 2020

INFOGRAPHIC: The Internet Of Things In 2020 | trends of the future | Scoop.it
The Internet Of Things - The growing interest in the Internet of Things is amongst us and there is much discussion

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Peter Azzopardi's curator insight, August 13, 5:52 PM

What can we expect in 2020?

Jakarta Web Developer's curator insight, August 13, 11:06 PM

INFOGRAPHIC: The Internet Of Things In 2020

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How the Cloud Will Transform Business by 2020

How the Cloud Will Transform Business by 2020 | trends of the future | Scoop.it
Companies that don't take advantage of cloud computing will be in the minority in less than six years. Here's why.

Via Peter Azzopardi, massimo facchinetti
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Peter Azzopardi's curator insight, August 8, 6:05 PM

While use of the cloud today is generally associated with the ability to reduce costs and improve efficiency, widespread adoption of this technology is projected to have a transformative effect on small businesses, ............

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What 317 Companies Are Saying About Their Enterprise Cloud Adoption And Road Map [INFOGRAPHIC]

What 317 Companies Are Saying About Their Enterprise Cloud Adoption And Road Map [INFOGRAPHIC] | trends of the future | Scoop.it
Find out what over 315 companies are saying about their enterprise cloud adoption and road map – from a survey conducted at SAPPHIRE NOW.

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How the Internet of Things Changes Business Models

How the Internet of Things Changes Business Models | trends of the future | Scoop.it
Value creation is no longer one-and-done.

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Fabrizio Faraco's curator insight, July 30, 2:33 AM

Thanks to over-the-air updates, new features and functionality can be pushed to the customer on a regular basis. The ability to track products in use makes it possible to respond to customer behavior. And of course, products can now be connected with other products, leading to new analytics and new services for more effective forecasting, process optimization, and customer service experiences

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Global 3D Scanning Market is Expected to Reach $4.9 Billion by 2020 - #fashiontech

Global 3D Scanning Market is Expected to Reach $4.9 Billion by 2020 - #fashiontech | trends of the future | Scoop.it
Global 3D Scanning Market (Types, Range, Services, Application and Geography) - Size, Share, Global Trends, Company Profiles, Demand, Insights, Analysis, Research, Report, Opportunities, Segmentation and Forecast, 2013 - 2020

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Bonnie Sandy's curator insight, July 31, 1:04 AM

2020 is just 6 years away #fashiontech will just "be" part of the fashion plane - where will you stand in the global  fashion market

This collection of articles on fashion, tech and fashiontech is curated by  www.BonnieSandy.com  Please Support   join my  newsletter & events list   http://vip.bonniesandy.com  


Got news in fashiontech - #Solarized #conductive #lasercutting #digitalprinting #3dprinting #computationaldesign #wearablecomputers #androidwear # #haptics #e-foils, recyled fabrics from bottles, cars, plastic- how well do you realy know #fashiontech.  Contact me www.bonnieSandy.com/contact-us/

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INFOGRAPHIC: Cloud Computing And SMEs

INFOGRAPHIC: Cloud Computing And SMEs | trends of the future | Scoop.it
SMEs (Small/Medium Sized Enterprises) make up the bulk of businesses today. Most cloud based applications created today are geared toward the SME

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Peter Azzopardi's curator insight, July 14, 6:15 PM

This infographic provided courtesy of Towergate offers insights into the uses and benefits of cloud computing, as well as tips for a successful implementation.

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INFOGRAPHIC: Cloud computing timeline illustrates cloud's past, predicts its future

INFOGRAPHIC: Cloud computing timeline illustrates cloud's past, predicts its future | trends of the future | Scoop.it

This cloud retrospective aims to give a high-level view of cloud's history and question what that means beyond 2014


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Peter Azzopardi's curator insight, July 21, 5:56 PM

To know where cloud is going, you have to know where it's from. This timeline illustrates cloud's bumpy history and what that means for its future.

Marina Casses Ballester's curator insight, July 22, 10:14 AM

Great Summary!