From PC World: Next year will see demonstrable evidence of the Internet of Things, real-time communications on the Web, and software-defined networking platforms with killer applications for them.
So says Cisco, which recently offered its own predictions on technology trends for 2014. They understandably include markets Cisco is focusing on and looking to drive in order to grow revenue.
The first is the Internet of Things, a market that includes IP-enabled sensors embedded in machines to allow them to connect and share information with people and other machines across the Internet. This market will see 50 billion devices connected by 2020 and a value of $14.4 trillion, Cisco has said.
Three examples of the Internet of Things in action that will emerge in the next 12 months include real-time information, scale, and analytics, says Maciej Kranz, vice president of the Cisco’s corporate technology group. An example of real-time information in the Internet of Things is data collected centrally from global production locations, and then readily acted upon by product managers or developers.
An example of scale might be a logistics company needing predictive maintenance information on the shipment of packages. If one tracking site is getting “hot,” Kranz says, perhaps package trackers can take action to alleviate shipment bottlenecks.
For analytics, perhaps a vending machine that can notify a supplier when its inventory is getting low instead of that supplier manually visiting each and every vending location to check on inventory. Or an oil rig in the middle of the ocean able to proactively share data on its status with a central monitoring facility.
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