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Internet of Everything

Internet of Everything

A term originally coined by Cisco, IoE is the intelligent connection of people, data, processes and things. In essence, IoE adds network intelligence to IoT.

The Internet of Everything (IoE) brings together people, process, data, and things to make networked connections more relevant and valuable.

While the Internet of Things today mainly is approached from the perspective of connected devices, their sensing capabilities, communication possibilities and, in the end, the device-generated data which are analyzed and leveraged to steer processes and power numerous potential IoT use cases, the Internet of Everything concept wants to offer a broader view.

The Internet of Everything (IoE) brings together people, process, data, and things to make networked connections more relevant and valuable than ever before-turning information into actions that create new capabilities, richer experiences, and unprecedented economic opportunity for businesses, individuals, and countries”.

According to the company, with the Internet of Everything there is $14,4 trillion in “Value at Stake”. Again, this is not the Internet of Things as we sometimes read but the Internet of Everything which is not the same as you’ll read. The number also deserves an update as it was originally released in 2013, yet continues to be used. We’ve embedded the so-called Internet of Everything or IoE Value Index from 2013 below.

This distributed component also about the evolutions in computing and networking overall whereby there is a clear distributed shift, towards the edge.

These distributed models are seen everywhere in IT, in Internet of Things technologies (which already of course has a strong distributed component at the edge) and even in the ways we organize our businesses. In fact, the Internet of Things is already a decentralized given as such.

Some examples of distributed/decentralized evolutions in which the IoE contextually fits
Fog computing, a form of edge computing and also propagated by Cisco shifts analysis of IoT data to the point of origination, thus speeding up things and freeing up bandwidth and other resources in non-distributed analytics (at the edge, in the network and in some form of cloud integration).

Cybersecurity is moving away from the traditional centralized view to a decentralized approach whereby security happens as close as possible to the endpoint. This is not just about IoT security but about cybersecurity overall as the security perimeter is ubiquitous: protection (security and privacy by design, the latter one of the principles of the GDPR) happens everywhere with the endpoint being key (the mobile user, for example). It explains the success of cloud-based security.

In the latest cloud and computer network technologies there is a shift away from a centralized view towards the network elements and edges as well. In an age where software eats the world, network intelligence and virtualization, along with the injection of software defined networking turn networks and all their components in a decentralized, yet centrally manageable, reality. And with edge computing the focus is on analysis IN the network.

In document and data capture there is a shift from traditional centralized approaches towards distributed or decentralized capture models and to hybrid approaches whereby the traditional way of centrally digitizing documents in one place is making way for these decentralized models, wherever they make sense.

In the Internet of Things and in several other applications, for instance in the finance industry and even in security, we see a growing attention for blockchain or distributed ledger technology. As the name indicates we are again talking about decentralization. More about blockchain and IoT.