Cisco recently said that the Internet of Things technology will create 14.4 trillion US dollars of business opportunities in the next 10 years. By 2022, the Internet of Things technology will drive the global corporate profits to increase by 21%.
Rob Lloyd, president of Cisco Sales and Development, said on Wednesday that over the past 30 years, applications in enterprise IT environments have gradually migrated to servers. The current situation has changed, applications are released in a mobile environment, and the development of iOS and Android are two typical examples.
Lloyd said that for Cisco, the basic elements of the Internet of Things include sensors, drivers, RFID (radio frequency identification) tags, consumer devices and industrial equipment, covering all areas of the IT market. But Lloyd pointed out that currently 99% of the world's electronic devices are not connected to the Internet, so the next step is to connect these devices to the Internet.
Regarding the Internet of Things, Lloyd said that this means using people, processes and data, that is, everything that is currently connected to unlock the potential that we have not yet seen. Based on internal research, Cisco believes that there are seven vertical industries that will achieve faster development, including manufacturing, public services, energy and facilities, healthcare, financial insurance, transportation, and wholesale and distribution.
Cisco's chief strategy and technology officer Padmasree Warrior (Padmasree Warrior) believes that the next 10 years of work is mainly to make various processes more effective. For the network, he believes that in the face of the development of "application economy", the network needs to improve programmability and automation.
According to Valier, for big data, the current development has shifted from data collection to data utilization.
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