Here is how business and IT leaders can capture more value from Internet of Everything (IoE).

In this white captured by Connectikpeople, this is exciting to see how Internet of Everything (IoE), will transform our life.

In its dynamic to help executives capture more value from IoE, Cisco commissioned Global Market Insite (GMI), a division of Lightspeed Research, to conduct an international survey of 7,501 business and IT leaders in 12 of the largest economies globally (Australia, Brazil, Canada, China, France, Germany, India, Japan, Mexico,

Russia, United Kingdom, and United States).

Connectikpeople can observe that, the goal of the research was to estimate how much of the potential Value at Stake companies are actually realizing in 2013 as a function of their current IoE capabilities. The business and IT leaders in the IoE Value Index study came from both enterprises (2,000 or more employees) and midsize companies (500-1,999 employees) representing a cross-section of industries.

The study showed that companies have the potential to realize $1.2 trillion in value by the end of 2013 as a result of their current IoE-related capabilities. A company can realize value in two ways:

                        Capturing new value by connecting the unconnected

                        Gaining competitive advantage by taking market share from other companies less able to transform and capitalize on the IoE market transition

Cisco’s IoE Value Index estimates that firms are set to realize just $613 billion (53 percent) of the potential $1.2 trillion in value in 2013. This means according to Cisco IoE Value Index, companies will fail to capture $544 billion, or 47 percent, of potential IoE Value at Stake this calendar year.

Connectikpeople can also observe that while executives must decide which technology investments and business process changes will help them maximize the value their companies realize from IoE, Cisco noted several key trends that provide clues about how best to proceed. ‘’Offerings and business models enabled by IoE are allowing smaller companies, as well as those in emerging markets, to compete effectively with larger firms in developed markets’’, stated the survey.