What is Internet of Everything(IoE)?:
Internet of Everything (IoE) is the concept of bringing people, process, data and things together.
In Internet of Everything(IoE), these four i.e People, process, data and things are connected together with network.
IoE is some what different from Internet of Things (IoT).
In Internet of Things, Physical objects get connected with the help of network to receive and analyse the data. But IoT not include people and process.
So IoE comes in picture with People , Process and IoT.
First Cisco comes with IoE concept. They are targeting this sector with new business approach.
Cisco predicts that $4.6 trillion of value will be “at stake”in the public sector over the next decade, driven by “connecting the unconnected” through the Internet of Everything.
These connection can be anything like Machine to Machine (M2M), Machine to People (M2P) and People to People (P2P).
IoE will generate more value of Stack to Public Sector.
Following are areas IoE impact more,
- Employee Productivity – it improves labor efficiency for new and existing services
- Cost Reduction – leading to reduced operational costs
- Citizen experience– improve the environment and generate better health outcomes
- Increase Revenue– ability to meet expectation of Supply and demand also enhancing compliance and monitoring.
“According to ‘Cisco’-The Internet of Everything is the intelligent connection of people, process, data and things.”
Image Credit : 1)geralt/Pixabay 2)geralt/Pixabay
The “IoE” builds on the foundation of the “Internet of Things” by adding network intelligence that allows convergence, orchestration and visibility across previously disparate systems.
The IoE is a broad term that refers to devices and consumer products connected to the Internet and outfitted with new broad digital features.
It is a concept in which technology’s future is comprised of many different types of appliances, devices and items connected to the global Internet.
source: telecomereseller
Importance of IoE:
The IoE brings together people, process, data and things to 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.
The explosion of new connections joining the IoE is driven by the development of IP-enabled devices, the increase in global broadband availability and the advent of IPv6.
The IoE is a $4.6 trillion opportunity for the global public sector over the next decade. (Source: Cisco}
Applications of IoE:
- Smart Grid: Main function of smart grid for increased network connections. Modernization of electrical grid is necessary to benefit consumer and conserve precious resources.
- IoE in remote health monitoring
Summary:
Internet of Everything is the combination of Internet of Things and Internet of People.
See also: Top 15 Internet of Things Trends in 2019-20 Shaping your future | Tech trends
Let us know what you think about ‘Internet of Everything’ in the comment section below.
If you like this post subscribe to our YouTube Channel for IoT video Tutorials. You can also find us on Twitter, Facebook, and Instagram for more updates.
and If you have smart product or service and looking for perfect audience then submit a guest post at IoTDunia and get to know in IoT world.
Featured Image credit: geralt/Pixabay
