• 22 JAN 14
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    CES LIVE: Cisco’s Chambers Says Internet of Everything, $19 Trillion Opportunity, Is Next Big Thing

    The fallacy of it all. Among all the wonders of the Internet of Everything, Cisco CEO John Chambers sees connected garbage bins saving $10 billion by transforming waste management, He says. “You can change traffic patterns of trucks, put sensors in cans to notify you if the cans are full or empty and need to be picked up”

    Now, where the hell is a need for your garbage bin to send a message to the weekly garbage truck to let the driver know when it is full? Garbage bins are only put out on the curbside by the home owner/renter for pick up when they have garbage inside! No need for a smart garbage bin!

    However, from a cyber hacker’s perspective a connected trash bin would be a handy thing to use. See “Smart” appliances have been transformed into “thingbots”. They could hack into your trash bin (hopefully avoiding the smell) change it into a “thingbot” and then launch large-scale cyberattacks. Somewhat ironic that one day your trash bin may be sending out spam which the many receivers of it will have to put in their computer’s trash bin. A new type of smart recycling?

    Really smart……..


    From Forbes.com


    Cisco CEO John Chambers is counting on the software, services and hardware needed to enable the Internet of Everything to help turn the world”s largest maker of networking gear into the leading supplier of information technology.

    “This will be bigger than anything done in high tech in a decade,” Chambers said in a keynote presentation at the Consumer Electronics Show in Las Vegas today. Businesses, governments and consumers will generate or realize savings to the tune of $19 trillion by allowing devices and applications to work together and create new services built off the Internet.

    Here”s a play-by-play of what Chambers said:

    4:35: Gary Shapiro, CEO of the Consumer Electronics Association, takes the stage to introduce Chambers. “John has built his entire career seeing around the corner.”
    Chambers on stage. Says a year ago, he would have to explain what the Internet of things. But all of a sudden, business and government leaders are realizing what the Internet of Everything means in terms of job creation, growth.

    Four years ago, we talked about what it meant in terms of putting this over a smart grid and moving electricity around. Two and half years ago, it was about connected industries. Bet on the Internet of things is paying off.

    His prediction: 2014 will be the transformational, pivot point for Internet of everything. It is not just connecting a car, a refrigerator or health device “” it”s the combination of all of this. It will be five to 10 times more impactful than the whole Internet revolution has been.

    Now showing a video with stand-up comedian Sarah Silverman talking about the Internet in the future and how everything will be connected. (It”s funny so I hope that Cisco posts it on its site later). “I can totally see how this is going to change my entire life,” she says.

    Chambers says it”s the ability tie together applications that makes the connected world possible. He now calls Silverman to the stage.

    “Hi I”m Sarah Silverman, comedian, actor and writer “” though I didn”t write this shit,” she says. “I”m here to talk to you about the new Internet of everything. It ill cook your food for you, drive your car and make you more interesting”And if you order it now, you will get a free set of Ginsu knives.”

    Now back and forth between Silverman and Chambers, in which she congratulates him for following her on stage. “You”ve got balls Chambers. You”ve got balls. Now go out there and do your keynote thing and sparkle peanut.” Yes, much laughter.

    4:48: “Let”s talk about what is possible today. Let”s start with amazing statistics. In 1984, there were 1,000 devices connected to the Internet. By 2015, mobile devices will be greater than the total population. 10 billion devices in 2014 will have 77 billion mobile apps downloaded.

    $19 trillion: that”s the opportunity he says for the Internet of Everything in the private and public sector combined. Breakout is $14.4 trillion in private sector and $4.6 trillion in public sector of new revenue generation or new savings. That”s a conservative number he says for public sector.

    “This will be bigger than anything done in high tech in a decade.”

    Retail is $1.5 trillion opportunity out of that $19 trillion. “It”s the ability to put together smart shopping carts”[offer] virtual concierges.”

    Connected garbage cans can help save $10 billion as you transform waste management, he says. You can change traffic patterns of trucks, put sensors in cans to notify you if the cans are full or empty and need to be picked up.

    He says there”s $13 billion a year spent on street lighting. By using connected technology, you could reduce by 70 percent the energy costs for streetlights in cities. “This is not about technology at all. It”s about how we change people”s lives.”

    “Not only is $19 trillion doable. It will require changes by all of us.”


    Read the full article here

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