The Internet of Everything Reinvents the Wheel

Cisco in the form of their UK & Ireland CEO Phil Smith at the launch of their “The Internet of Everything: Bringing the future to life” report yesterday said ” With just 1% of the physical world connected at this time, this is just the beginning of an amazing future.”

They reckon that by 2020  50 billion “things” will be connected globally. So that’s 7 for every one of us!

The report itself looks at the UK situation in 5 main areas:

  1. Healthcare: The innovations anticipated are almost endless and range from wearable video cameras for emergency response units through connected asthma inhalers to smart pill boxes.
  1. Retail: Not only will the high street be smarter they think it will be intelligent as well. “For example, as a consumer moves through the high street and into different shops, an integrated Internet of Everything strategy can see them receive different location-specific content. Marketing tools will enable retailers to provide offers through push notifications, while time-related promotions will encourage consumer spend. Done right, cross-promotion based on immediate location will drive visitors from one retailer to visit others locally. All the while, consumer analytics based on demographic information and activity, such as dwell time conversion rates, and retailers also visited, will provide an intelligence service to improve the customer offer.”
  1. Transport: We can look forward to “Stations-as-a-Service” smart cities smart parking an numerous other evolutions as we reinvent the wheel!
  1. Energy: We will be connecting to conserve.
  1. Manufacturing: “Today, just 4% of devices in that space (the manufacturing floor) are connected to a network of any kind; connecting more could help to dramatically reduce wastage and error.” Consumers’ relationships with purchases are being transformed as sensors and monitoring devices are built into not only the production process but also products themselves. “Cradle-to-grave” strategies tracking product lifecycles from the raw materials in the field through to refurbishment and renewal present manufacturers with major opportunities in the face of spiralling costs and dwindling resources.

The future’s bright the future’s connected.

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