Cisco Says Its “Internet of Everything” Is Worth $14.4 Trillion. Really?

first_imgNetworking giant Cisco predicted Wednesday that as we move into a “fundamentally mobile and video” world, the “Internet of Everything” — which combines the so-called Internet of Things with the Internet used by people and their mobile devices — will create $14.4 trillion in value and boost overall corporate profits by 21%. All by 2022.Those are some pretty big numbers, shared by Cisco executives at a press event in San Jose on Wednesday. But while the vision makes sense, quantifying the changes to be wrought by growth of the Internet of Everything seems, well, fairly abitrary. To say the least. What Goes Into $14.4 Trillion?Rob Lloyd, Cisco President, Sales and Development, broke down the $14.4 trillion figure this way:$2.5 trillion in better asset utilization$2.5 trillion in employee productivity$2.7 in supply chain logistics$3.7 trillion in better customer experience.$3 trillion in enabling new innovations. Massive Non-Desk Workforce is an Opportunity fo… Perhaps we can start by seeing which industries benefit first and most dramatically. According to Lloyd, the top candidates include manufacturing, the public sector, energy and utlities, healthcare, finance/insurance, transportation and wholesale/distribution.The Internet of Everything combines several trends, including the growth of connected devices, the increasing use of video, cloud computing, Big Data and the increasing importance of mobile apps compared to traditional computing applications. Lloyd did lay out numbers to support the importance of the trends. But though these are also all giant numbers, connecting them to the $14.4 trillion figure still requires a leap of faith.In terms of connected devices, he said, we’ve gone from 200 million in 2000 to 10 billion devices today, to a predicted 50 billion by 2020. On the mobile side, Lloyd said, 20 billion mobile apps were downloaded last year alone. By 2017, he added, two-thirds of mobile traffic will be video.New Levels Of Complexity To Support New UsesThat complexity will make today’s issues “look very, very minor,” and pose historic challenges to manage, Lloyd said. That statement, at least, is easy to grasp. “We’ve been warming up for this for the last five years.” The company already has a number of projects in the works demonstrating key elements of the trend, including installing smart meters and pole-top routers for BC Hydro in Canada, and a single auto plant with 50,000 IP devices. Cisco’s Sean Curtis demo’d live data from San Carlos, Calif., showing a heat map for mobile connections using “dwell time” metrics to track how efficiently pedestrian traffic was moving through the suburb’s commuter train station. Curtis said similar information mashups have been applied to San Carlos’ farmers market, offering insights into how many shoppers showed up, how long they stayed and which stalls they visited — information that would be of great use to both retailers and city planners.The next step, Curtis said, is to link that kind of data with store data as well as parking and traffic information to help shoppers optimize their experience. The idea is that eventually shoppers could see the best route to the least crowded store with the best prices on the items they were looking for.As apps like that come online, the Internet of Everything should indeed spur growth. Maybe even trillions of dollars worth of growth. Exactly how much and when, though, seems a Big Data question of the highest order. Rising Expectations, Bigger Security Issues The rise of the Internet of Everything is already changing corporate expectations, Lloyd said, not to mention who pays for technology advances. “The Internet of Everything will be driven by business funding, not just IT funding,” Lloyd said.What about security for all this connected information? Padmasree Warrior, Cisco’s chief technology and strategy officer, said “the data will be collected whether we want it to be or not. How will it be used? That is the security question.”Photos by Fredric Paul Tags:#Cisco#innovation#Interent of Things#networking Related Posts 3 Areas of Your Business that Need Tech Nowcenter_img IT + Project Management: A Love Affair fredric paul Those may seem easier to grasp, but when you’re talking in trillions over decade-long time frames, it’s very hard to put much credence in calculations like these.  Cognitive Automation is the Immediate Future of…last_img read more

Alabanza comes up big on defense as Marinerong Pilipino clips Cignal

first_imgLATEST STORIES Heart Evangelista admits she’s pregnant… with chicken What ‘missteps’? View comments WATCH: Firefighters rescue baby seal found in parking garage Robredo: True leaders perform well despite having ‘uninspiring’ boss PLAY LIST 02:49Robredo: True leaders perform well despite having ‘uninspiring’ boss02:42PH underwater hockey team aims to make waves in SEA Games01:44Philippines marks anniversary of massacre with calls for justice01:19Fire erupts in Barangay Tatalon in Quezon City01:07Trump talks impeachment while meeting NCAA athletes02:49World-class track facilities installed at NCC for SEA Games Mark Isip topped the Skippers with 15 markers and six rebounds before fouling out in the final 1:33 of the game, while Iñigo got a double-double of 13 points and 10 boards.Marinerong Pilipino crawled its way back from a 37-22 hole in the first half and regained its footing thanks to the Isip-led 24-point third quarter charge, 56-54, before they got things done on the defensive end in the payoff period.“Everything happens for a reason. Maybe, we needed to learn how to win in the defensive end,” said Banal.Perkins scattered 15 points and eight rebounds for Cignal (2-2), while Raymar Jose got 11 markers and 14 boards.The Scores:ADVERTISEMENT Cayetano dares Lacson, Drilon to take lie-detector test: Wala akong kinita sa SEA Games 1 dead in Cavite blast, fire MOST READcenter_img Heart Evangelista admits she’s pregnant… with chicken JR Alabanza. PBA IMAGESJR Alabanza came up with the huge stops in the end game as Marinong Pilipino shocked Cignal HD, 66-65, to notch its breakthrough win in the 2017 PBA D-League Foundation Cup Thursday at Ynares Sports Arena in Pasig.The 6-foot-5 center held the fort in the paint late as he stopped Jason Perkins’ gutsy drives, with the last being the game-saving rejection as the Skippers completed their fightback from 15-points down.ADVERTISEMENT World’s 50 Best Restaurants launches new drinking and dining guide Lacson: SEA Games fund put in foundation like ‘Napoles case’ NBA: Dwight Howard looks to add 3-pointer to repertoire next season Alabanza finished with six points and five rebounds, but blocked seven shots for Marinerong Pilipino in the upset.The Skippers almost threw the game away twice after Achie Iñigo threw an errant crosscourt pass which got intercepted by Oping Sumalinog and after Harold Arboleda stole the ball off Dave Moralde’s bad inbound pass with 7.4 seconds to play.FEATURED STORIESSPORTSSEA Games: Biñan football stadium stands out in preparedness, completionSPORTSPrivate companies step in to help SEA Games hostingSPORTSMalditas save PH from shutoutFortunately for Marinerong Pilipino, the Hawkeyes could not convert on those two chances, with Alabanza denying both of Perkins’ drives on the other end.“We wanted to compete until the end,” said coach Koy Banal. “We had lots of veterans who stepped up today and reminded the team that we needed to compete.” Don’t miss out on the latest news and information. MARINERONG PILIPINO 66 – Isip 15, Iñigo 13, Marata 11, Moralde 10, Alabanza 6, Lopez 5, Javelona 3, Publico 2, Sargent 1, Nicholls 0, Javillonar 0, Gumaru 0.CIGNAL HD 65 – Perkins 15, Jose 11, Sumalinog 11, Batino 6, Raymundo 5, Arong 4, Potts 3, Sara 3, Arboleda 3, Villarias 2, Bringas 2, Cahilig 0, Atkins 0.Quarters: 14-19, 32-43, 56-53, 66-65.Sports Related Videospowered by AdSparcRead Nextlast_img read more

Man charged for allegedly shooting barbershop owner in National City

first_img KUSI Newsroom, Man charged for allegedly shooting barbershop owner in National City March 29, 2019 CHULA VISTA (KUSI) – Attempted murder and other charges were filed today against a man who allegedly shot the owner of a National City barbershop.Peter Burgos faces 17 years to life if convicted of one count each of attempted murder, assault with a firearm and negligent discharge of a firearm and four counts related to being a prohibited person in possession of a gun, according to the district attorney’s office.Burgos, 44, allegedly walked into the Kings of Fades Barbershop on Highland Avenue between East Third and East Fourth streets about 7:45 p.m. Wednesday, pulled out a firearm and started shooting, according to National City police Sgt. Thomas Wilkins.The owner, David Martinez, was transported to UCSD Medical Center for treatment of his injuries, which were not believed to be life-threatening, Wilkins said.According to a GoFundMe site created to raise funds for Martinez’s medical expenses, he suffered a broken pelvis and fractured arm and is “alert and aware of the outpour of love and support that he’s getting from friends and the community.”Wilkins said investigators believe the gunman had a prior disagreement with one of the people in the barbershop. It was not clear if that person was Martinez.A patrol officer spotted Burgos running from the scene and took him into custody without incident, Wilkins said.Burgos is being held in lieu of $3 million bail, and is due to return to court April 9 for a readiness conference.Related story:Man arrested on suspicion of shooting man in National City KUSI Newsroom Posted: March 29, 2019 Categories: Local San Diego News FacebookTwitterlast_img read more