One of the key specifics former Cisco CEO John Chambers addressed during his opening keynote at the annual Cisco Partner Summit last month was the inevitability of the “Internet of Everything” (IoE) in the digital age. “One of the themes we heard from our partners and our joint customers coming into this event is that every company, every country, every home is going to become digital,” he said. “The foundation of this transformation is the Internet of Everything along with our architectures – bundled with security.”
CompTIA puts the IoT/IoE trend into perspective in its latest report: “Sizing up the Internet of Things.” After gathering feedback from nearly 300 U.S. IT companies, ranging from small IT firms to Fortune 500 firms, CompTIA concluded:
* There will be an estimated 50.1 billion connected devices by the year 2020, compared with about 14.4 billion currently. Today’s IoT devices primarily comprise computers, mobile phones, and tablets whereas over the next five years we’ll see more “nontraditional” devices, such as automobiles, thermostats, appliances, and shipping containers automatically sending and receiving data via the Internet.
* IoT will represent $1.9 trillion in global economic value-add, suggesting a world of new opportunity for businesses, says CompTIA.
* The ecosystem for IoT is complicated; which is always a positive for channel firms who can help end users with selecting and implementing devices, performing data analyses, and integrating IoT hardware, software, and services.
One of the biggest challenges IT solution providers are going to need to address for their customers is how to address the exponential increase in data traffic density that will come about as a result of IoT/IoE.
Have you established an IoT practice with Cisco? The Cisco Internet of Things (IoT) platform is inspiring a new breed of intelligent applications. Without starting all over again, businesses can integrate disparate machines, devices, and networks more securely, and with confidence. Tap into this burgeoning market and create new opportunities to grow and build your business.
Ingram Micro’s Cisco business unit (BU) is dedicated to making it easier and more profitable for you to integrate Cisco IoT hardware and services into your customers’ businesses. We can help you reduce downtime, increase your return on investments, and expand your IoT market opportunity. Contact Cisco BU Channel Account Executive (CAE) Patrick Gould for more information at: (716) 440-8915.