Cisco: 'Internet of Everything' to yield $14.4 trillion in value
SAN JOSE, Calif.--The value at stake for the "Internet of Everything" is $14.4 trillion that businesses and customers can capture in the next decade, according to Cisco.
In other terms, Cisco is projecting that the Internet of Everything has the potential to grow global corporate profits by 21 percent in aggregate by 2022.
"The opportunity here -- and the challenge -- is the next level of scale," said Rob Lloyd, president of sales and development at Cisco, while speaking at Cisco's second annual Editors Conference at the company's Silicon Valley headquarters here … Read more