Cisco Sees Revenue Opportunities in 'Internet of Everything'

09:52:00
Cisco detailed out opportunities around "Internet of Everything" and  validating how it can create additional revenue potential over upcoming decade covering both business and consumer ecosystem. The networking giant noted there's the impending for corporations to produce as much as $14.4 trillion in revenue in between 2013 to 2022. Cisco highlighted how the transition of technology innovation is going to create connected device environment with grid. Assessment also highlighted that ecosystem players may generate $631 billion profits this year. That translates to additional $544 billion in value which can be grabbed during remaining period of FY 2013. Cisco used 21 different use case to calculate total revenue potential of $14.4 Trillion. The components included are Innovation, SCM, asset utilization, and Customer experience and employee productivity

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