In addition to my own posts, I also write for CloudTweaks, an authority on cloud computing. Cloudtweaks is currently working with Cisco, who have released and exciting new thought leadership platform called InnovateThink. I have been asked to contribute some material to this project, and it is an honor to do so.
My fourth article discusses the Value At Stake index, a calculation of the potential profits up for grabs for companies that embrace this third wave of Internet engagment. Here is an excerpt:
The potential for the range of the Internet of Everything is virtually infinite, with an expectation from some observers that up to 99% of the items people use, in life and business, will be connected within the next few years.
Along with such a far reaching vision of usage, comes an equally astronomical assessment of the profit potential for companies that embrace it. Cisco, which sits on the leading edge of the IoE frontier, incorporates this assessment as part of its overall Value Index, and puts its estimate in the form of a Value at Stake of $14.4 trillion worldwide over the next 10 years (2013-2022). That refers to net profit up for grabs.
The Cisco IoE Value Index combines survey data and third-party metrics on business and technology environmental factors to gauge IoE capabilities around the world. The Value at Stake component highlights the potential bottom-line value that can be created, or that will migrate among private-sector companies and industries, based on their ability to harness the Internet of Everything over the next decade. Cisco predicts that this IoE Value at Stake will be $14.4 trillion for companies and industries.
To read the full post, please visit CloudTweaks here.