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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,

  1. Employee Productivity – it improves labor efficiency for new and existing services
  2. Cost Reduction – leading to reduced operational costs
  3. Citizen experience– improve the environment and generate better health outcomes
  4. 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.”

Internet of Everything

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.

     Internet of Everythingsource: 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 alsoTop 15 Internet of Things Trends in 2019-20 Shaping your future | Tech trends

 

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Featured Image credit: geralt/Pixabay