The document discusses the importance of platforms and ecosystems for realizing the Internet of Things (IoT). It notes that IoT could be worth $14.4 trillion over the next decade across various industries like utilities, manufacturing, transportation, and healthcare. Cisco takes a three-pronged approach to IoT involving understanding customer needs, developing vertical solutions based on a horizontal platform, and strategic partnerships. The platform needs to evolve from basic connectivity to being optimized for IoT and including elements like sensors, gateways, analytics, and security. Defining architectures, standards, and addressing policy issues will be important to enable business innovation with IoT.
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Making IoT a Reality_Axeda _ May 8 2013 _Mahbubul Alam
17. First Step:
Connectivity
Second Step (Today):
Optimized for IoT
Third Step:
Platform for IoT
Fourth Step:
Enabling the Internet
of Everything
Ruggedized
Infrastructure
M2M
Sensor
Enablement
New Protocols
Distributed
Compute
Multi-tenant
Cloud Services