2014 has seen more people talking about the Internet of Everything (IoE) than any other time to date; even individuals who never seem to have the slightest interest have had their attention drawn to the thought that they can monitor their home, access and control home appliances while they are away seems fascinating and scary at the same time. Although these types of solutions are available for businesses I believe the home is a better test bed and a bigger market for the Internet of Everthing.
According to a study done by Cisco, the Internet of Everything (IoE) is big business. The global sector is expected to generate in excess of $600 Billion in global profits for private-sector businesses this year alone. Cisco interviewed IT leaders in 12 countries across 7,500 global business. They found that the United States, China and Germany are expected to realize the greatest value from the technology.