The Internet of Everything was listed as one of the top trends\u00a0by Gartner. The term Internet of Everything (#IoE) is a fairly new term, and there is a confusion about the difference between the Internet of Everything (IoE) and the Internet of Things (#IoT), to clarify that, let\u2019s start with definitions, applications and explore the future of this new concept.<\/p>\n
The Internet of Everything (IoE)<\/strong>\u00a0\u201d\u00a0is bringing together<\/em>\u00a0people<\/em><\/strong>,\u00a0<\/em>process<\/em><\/strong>,\u00a0<\/em>data<\/em><\/strong>, and\u00a0<\/em>things<\/em><\/strong>\u00a0to make networked connections more relevant and valuable than ever before-turning information into actions that create new capabilities, richer experiences, and unprecedented economic opportunity for businesses, individuals, and countries.\u201d, (Cisco, 2013)<\/em>\u00a0.<\/strong><\/p>\n In simple terms: IoE is the intelligent connection of people, process, data and things. The Internet of Everything (IoE) describes a world where billions of objects have sensors to detect measure and assess their status; all connected over public or private networks using standard and proprietary protocols.<\/p>\n The Internet of Things (#IoT)\u00a0<\/em>is the network of physical objects accessed through the Internet. These objects contain embedded technology to interact with internal states or the external environment. In other words, when objects can sense and communicate, it changes how and where decisions are made, and who makes them. For example Nest thermostats.<\/p>\n The Internet of Everything (IoE)with four pillars: people, process, data, and things builds on top of The Internet of Things (IoT) with one pillar: things. In addition, IoE further advances the power of the Internet to improve business and industry outcomes, and ultimately make people\u2019s lives better by adding to the progress of IoT. (Dave Evans, Chief Futurist Cisco Consulting Services).<\/em><\/p>\n The Internet of Everything will re-invent industries at three levels: business process<\/strong>,\u00a0business model<\/strong>, and\u00a0business moment<\/strong>.<\/p>\n \u201cAt the first level, digital technology is improving our products, services and\u00a0processes<\/strong>, our customer and constituent experiences, and the way we work in our organizations and within our partnerships,\u201d said Hung Le Hong, research vice president, and Gartner Fellow. \u201cWe do what we normally do, but digitalization allows us to do it better or develop better products within our industry.\u201d<\/p>\n As companies digitalize products and process, completely new ways of doing business in industries emerge. Gartner analysts expect more transformational changes as digitalization re-invents industries at the business\u00a0model\u00a0<\/strong>level. Mr. Le Hong gave examples of Nike, playing on the edge of the healthcare industry with its connected sporting clothes and gear, and Google having a visible presence in autonomous vehicles. \u201cThese organizations had no business in your industry, and are now re-inventing them,\u201d said Mr. Le Hong.<\/p>\n The third level of digital re-invention is created by the need to compete with unprecedented business velocity and agility. Gartner calls this the \u201cbusiness\u00a0moment.\u201d<\/strong><\/p>\n The Internet of Everything will create tens of millions of new objects and sensors, all generating real-time data. \u201cData is money<\/strong>,\u201d said Nick Jones, research vice president, and distinguished analyst at Gartner. \u201cBusinesses will need\u00a0big data<\/strong><\/a>\u00a0and\u00a0storage technologies<\/strong>\u00a0to collect, analyze and store the sheer volume of information. Furthermore, to turn data into money business and IT leaders will need decisions. As they won\u2019t have the time or the capacity to make all the decisions themselves they will need processing power.\u201d<\/p>\n \u201cNow that digital is embedded in everything we do, every business needs its own flavor of digital strategy. Vanilla is off the menu,\u201d said Dave Aron, research vice president, and Gartner Fellow. \u201cDigital is not an option, not an add-on, and not an afterthought; it is a new reality that requires a comprehensive digital leadership.\u201d<\/p>\n Gartner<\/em>\u00a0predicts that enterprises will make extensive use of IoE technology, and there will be a wide range of products sold into various markets. These will include advanced medical devices, factory automation sensors and applications in industrial robotics, sensor motes for increased agricultural yield, and automotive sensors and infrastructure integrity monitoring systems for diverse areas such as road and railway transportation, water distribution and electrical transmission; an endless list of products and services.<\/p>\n But as devices get more connected and collect more data,\u00a0privacy<\/strong>\u00a0and\u00a0security<\/strong>\u00a0concerns will increase too. How companies decide to balance customer privacy with this wealth of IoE data will be critical.<\/p>\n References<\/strong><\/p>\n http:\/\/www.cisco.com\/web\/about\/ac79\/innov\/IoE.html<\/a><\/p>\n http:\/\/internetofeverything.cisco.com\/<\/p>\n http:\/\/www.cisco.com\/web\/solutions\/trends\/iot\/overview.html<\/a><\/p>\n http:\/\/time.com\/#539\/the-next-big-thing-for-tech-the-internet-of-everything\/<\/a><\/p>\n http:\/\/www.gartner.com\/newsroom\/id\/2621015<\/a><\/p>\n http:\/\/www.livemint.com\/Specials\/34DC3bDLSCItBaTfRvMBQO\/Internet-of-Everything-gains-momentum.html<\/a><\/p>\n http:\/\/www.tibco.com\/blog\/2013\/10\/07\/gartners-internet-of-everything\/<\/a><\/p>\n http:\/\/www.eweek.com\/small-business\/internet-of-everything-personal-worlds-creating-new-markets-gartner.html<\/p>\n \n","protected":false},"excerpt":{"rendered":" The term Internet of Everything is a fairly new term, and there is a difference between the Internet of Everything (IoE) and the Internet of Things. The Internet of Everything (IoE) ” is bringing together people, process, data, and things to make networked connections more relevant and valuable than ever before-turning information into actions. The Internet of Things (#IoT) is the network of physical objects accessed through the Internet. <\/p>\n","protected":false},"author":543,"featured_media":3726,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"content-type":"","footnotes":""},"categories":[195],"tags":[93],"ppma_author":[3205],"class_list":["post-2268","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-iot","tag-internet-of-things"],"authors":[{"term_id":3205,"user_id":543,"is_guest":0,"slug":"ahmed-banafa","display_name":"Ahmed Banafa","avatar_url":"https:\/\/www.experfy.com\/blog\/wp-content\/uploads\/2020\/04\/medium_a3912711-a0db-437b-a2c1-df173aaae2d5-150x150.png","user_url":"http:\/\/www.sjsu.edu","last_name":"Banafa","first_name":"Ahmed","job_title":"","description":"Prof. Ahmed Banafa<\/a>, Faculty at San Jose State University,<\/b>\u00a0has extensive research work with focus on IoT, Blockchain, cybersecurity and AI. He served as an instructor at well-known universities and colleges. He is the recipient of several awards, including Distinguished Tenured Staff Award, Instructor of the year and Certificate of Honor from the City and County of San Francisco.\u00a0He was named as No.1 tech voice to follow, technology fortune teller and influencer by LinkedIn in 2018, featured in Forbes, IEEE-IoT and MIT Technology Review, with frequent appearances on ABC, CBS, NBC, BBC, <\/a>and Fox TV and Radio stations. He is a member of MIT Technology Review Global Panel.\u00a0He is the author of the book \u201cSecure and Smart Internet of Things (IoT) using Blockchain and Artificial Intelligence (AI)<\/i><\/a>\u201d.<\/i>"}],"_links":{"self":[{"href":"https:\/\/www.experfy.com\/blog\/wp-json\/wp\/v2\/posts\/2268","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.experfy.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.experfy.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.experfy.com\/blog\/wp-json\/wp\/v2\/users\/543"}],"replies":[{"embeddable":true,"href":"https:\/\/www.experfy.com\/blog\/wp-json\/wp\/v2\/comments?post=2268"}],"version-history":[{"count":4,"href":"https:\/\/www.experfy.com\/blog\/wp-json\/wp\/v2\/posts\/2268\/revisions"}],"predecessor-version":[{"id":31799,"href":"https:\/\/www.experfy.com\/blog\/wp-json\/wp\/v2\/posts\/2268\/revisions\/31799"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.experfy.com\/blog\/wp-json\/wp\/v2\/media\/3726"}],"wp:attachment":[{"href":"https:\/\/www.experfy.com\/blog\/wp-json\/wp\/v2\/media?parent=2268"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.experfy.com\/blog\/wp-json\/wp\/v2\/categories?post=2268"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.experfy.com\/blog\/wp-json\/wp\/v2\/tags?post=2268"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/www.experfy.com\/blog\/wp-json\/wp\/v2\/ppma_author?post=2268"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Pillars of The Internet of Everything (IoE)<\/strong><\/h3>\n
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The Internet of Things (IoT)<\/strong><\/h3>\n
The difference between IoE and IoT<\/strong><\/h3>\n
The Future?<\/strong><\/h3>\n