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‘Internet of Everything’ to Reach $14.4 Trillion

27 Nov 13

Cisco predicts $14.4 trillion could be unlocked in economic value for companies worldwide in the ‘Internet of Everything’. According to a recent article in CBR Online:

Although 45% of the new interactions will be facilitated by machine-to-machine (M2M) collaboration, more than 50% will come from people to devices or person-to-person collaboration.

 The Internet of things refers to the rapid growth in the number of smart devices including industrial machines, cars, appliances and mobile devices that communicate with each other, generating massive amounts of data.

The fact that Cisco is building and securing a division dedicated to the Internet of things is a strong industry indicator. They obviously share our view that it is an area of huge potential.

This leads me to beg the question: what will the outcome of all this be? As Cisco CEO, John Chambers rightly points out, this will generate massive amounts of data. And, when it comes to M2M collaboration in particular, how will companies control the cost and complexity of distributing this amount of data quickly and in a scalable fashion?

It simply isn’t practical to keep upping network bandwidth, and network infrastructure ad infinitum. Companies are going to have to work smarter rather than harder. They will only unlock economic value from the Internet of things, if they can deliver data intelligently to the application.

The benefits of the Internet of Things and M2M are to develop new service-based customer propositions and revenue streams, operate more efficiently and increase customer satisfaction. And while these benefits are clear, how the application copes with scale, speed, performance and data efficiency are not.

Architecting real-time, secure, M2M scalable systems can be complex and expensive and poses many technical challenges for architects. Typically, issues stem from factors outside of the architect’s controls.

That’s why we created Diffusion. Diffusion is the ingredient technology that easily solves these technical challenges, leaving you to focus on your application development. We help organizations in the M2M space solve the complexity of developing M2M applications. It overcomes this volume versus speed and quality conundrum by identifying redundant, aged data and removing it from the stream of communication and ensuring performance over unreliable internet connectivity.

Diffusion gives M2M developers the toolkit to create high performance, value driven, and reliable applications. We cover your needs with our C SDK for embedded devices through JavaScript SDK for web applications. We support binary topics, pub/sub, and point to point messaging.

 

 

 


The Diffusion Intelligent Data Platform manages, optimizes, and integrates data among devices, systems, and applications. Push Technology pioneered and is the sole provider of real-time delta-data streaming™ technology that powers mission-critical business applications worldwide. Leading brands use Push Technology to fuel revenue growth, customer engagement, and business operations. The products, Diffusion® and Diffusion Cloud™, are available on-premise, in-the-cloud, or in a hybrid configuration, to fit the specific business and infrastructure requirements of the applications operating in today’s mobile obsessed, everything connected world. Learn how Push Technology can reduce infrastructure costs, and increase speed, efficiency, and reliability, of your web, mobile, and IoT application.

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