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rick merritt
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re: Cisco sees $14 trillion opportunity in IoT
rick merritt   3/18/2013 2:00:08 AM
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Nope. They meant trillion with a T because they see this ranging far beyond IT spending to new business opportunities across all industries. More Kool-Aid?

MikeBfromJersey
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re: Cisco sees $14 trillion opportunity in IoT
MikeBfromJersey   3/17/2013 9:58:01 PM
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Why do need to sprinkle sensors all over the planet except to pave the way for the new world order/Orwellian future? Are we developing the technology to enslave ourselves? First we loose our privacy thru online databases (i.e. Big Data), now it's 24/7 monitoring in the physical world too. Someone needs to slow this train down and think about the negative consequences.

cander111
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re: Cisco sees $14 trillion opportunity in IoT
cander111   3/17/2013 6:03:37 AM
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The public expects things for free. Getting people to buy subscriptions that do not involve movies is near impossible. Maybe if the IoT had a small screen for advertising...

Mr Quattro
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re: Cisco sees $14 trillion opportunity in IoT
Mr Quattro   3/16/2013 11:48:24 AM
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There are two fundamental elements to this infrastructure - the base station end (the network) and the terminal end of the link. A Cisco (or similar) could be the type of company that could get behind the development of the network technology. The 'distant no-name factories' could develop a hugely diverse range of devices that could connect to these networks in the same way that multiple applications developers churn out apps for Smart Phones. To take just one example of an M2M application - Smart Meters: There are over 400 companies in 35 countries actively working on the development of Smart Meters for over 1.4 billion connections worldwide already. Once a driver (say a Smart Meter or Smart Grid network) is in place, application developers will appear to exploit it. And with each base station in a Weightless network capable of supporting 100k+ connections the number is limited by our imagination. Today's iOS and Android apps demonstrate that our capability to imagine the future is initially blinkered.

Mr Quattro
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re: Cisco sees $14 trillion opportunity in IoT
Mr Quattro   3/16/2013 11:21:21 AM
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The Weightless Standard defines in explicit detail how this can be done using TV white space spectrum and a completely new protocol to deliver a low cost network (fraction of traditional cellular), low cost hardware at the terminal end (around $2), low power (a ten year battery life from a primary cell) and exceptional signal propagation characteristics deriving a range of 10km and excellent building penetration. The availability of a very large amount of bandwidth in the very high quality, low frequency, globally harmonised and license free TV white space spectrum is the catalyst for this transformational change. Dynamic Spectrum Access, deployed geo-locational database resources for TVWS, carefully considered regulation, spread spectrum transmission, cloud based network architectures, lightweight terminal processing requirements and a protocol designed from the ground up to support the specific needs of machine communications are the building blocks. Sounds like an unobtainable utopian Shangri-La doesn't it. Until you consider that the FCC has already legislated for it, silicon is available to support it, the Standard is due to be ratified in two weeks and globally over 600 Members of the Weightless SIG are already engaged. Happy to debate either here or on the Weightless LinkedIn Group.

Mr Quattro
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re: Cisco sees $14 trillion opportunity in IoT
Mr Quattro   3/16/2013 11:20:49 AM
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Forecasting is a difficult art to pull off with credibility but there is little doubt that whether the M2M opportunity can add $1 trillion or $75 trillion to the economy it is inevitably going to be transformational. So instead of fixating on the numbers let's look at what the industry needs to do to realise the potential. It needs a technology that is different to the legacy network infrastructures that exist today and one that is commercially and technically feasible. I'm going to argue that Weightless technology and the Weightless Standard are the keys to unlocking this potential. And I'll try to do that without writing a white paper into a comment field - there are resources on weightless.org to flesh out the arguments. It needs a ubiquitous network infrastructure that offers price points per connection equivalent to PAN technologies such as Bluetooth, Zigbee & Wi-Fi but with the range of traditional 2G/3G/LTE technologies. And it needs to have been optimised from day 1 to address the specific needs of M2M that are fundamentally different to those for human communications...

resistion
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re: Cisco sees $14 trillion opportunity in IoT
resistion   3/16/2013 11:02:02 AM
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World population is 7 billion, so they expect a population explosion by 2020?

Mr Quattro
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re: Cisco sees $14 trillion opportunity in IoT
Mr Quattro   3/16/2013 10:48:16 AM
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The USD$14 trillion (who knows if that's realistic or not - I've seen forecasts of between USD$1.2 to USD$75 trillion) number cannot be measured in terms of the ASP of terminal devices. Indeed, the mean cost of terminal devices would need to be in the USD$2 to enable this market opportunity. The value is a measurement of what is enabled by a universal M2M/IoT infrastructure. And in those terms there is no reason to regard this kind of vision as unrealistic. But I'm not a social scientist so I can't comment on how to derive that kind of forecast. I can however describe precisely how low cost network infrastructure and terminal devices with an ASP of less than USD$2 can be realised using Weightless M2M technology.

Consultofactus
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re: Cisco sees $14 trillion opportunity in IoT
Consultofactus   3/16/2013 12:22:36 AM
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Always being wary around April 1st I double checked the veracity of this $14.4 x 10E12 claim. Numerous other news source also reported Mr. Lloyd's remarks - I thought perhaps he meant Billion with a B as in 10E9 - nope - seven other news outlets say trillion as well and surprisingly, none challenged it. So either this is "the mother of universally coordinated April Fools spoofs" or a new pinnacle of "irrational exuberance". Don't get me wrong, I think IoT will be a very important technology but fourteen trillion+ in a little over 6.75 years? Compared to that the market growth of the iPhone looks like a flat-line dud!

y_sasaki
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CEO
re: Cisco sees $14 trillion opportunity in IoT
y_sasaki   3/16/2013 12:10:15 AM
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I wonder how security will be provided for so-called "connect everything" IOT network. Nearly 20 years ago (long time, isn't it?). IPv6 designers included IPsec as standard feature for security, but IPsec is notoriously unpopular due to huge implementation diversity (=incompatibility) and difficult configuration. Will "40Kbyte footprint" IPv6 stack support IPsec and IKEv2, or TLS1.0(likely, because SSL/TLS is selected for 6LowPAN architecture), or nothing at all?

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