Insights into the Internet of Everything from Cisco - Can you generate Collaborative Economy Ideas using the Internet of Everything?
Insight No. 1:
Internet of Everything is poised to generate $4.6 trillion in Value at Stake for the global public sector over the next 10
Insight No. 2:
Of the $4.6 trillion in Value at Stake for the public sector over the next decade, 70 percent will be agency-specific, while 30 percent will be driven by cross-agency adoption of IoE
Insight No. 3:
The five primary drivers of IoE Value at Stake for the public sector are: 1) employee productivity, 2) connected militarized defense, 3) cost reduction, 4) citizen experience, and 5) increased revenue.
Insight No. 4:
More than two-thirds of IoE’s Value at Stake for the public sector will be powered by people (citizen)-centric connections.
Insight No. 5:
The $4.6 trillion in IoE Value at Stake for the public sector is equivalent to about one-third of the expected civilian labor
productivity growth over the next 10 years.
Insight No. 6:
IoE is already delivering value for the public sector.
Insight No. 7:
Ninety-five percent of IoE’s total Value at Stake for the civilian public sector will be driven by just over half (23) of the use cases analyzed by Cisco
Insight No. 8:
Cities will generate almost two-thirds of IoE’s overall civilian benefits globally. To maximize value, cities should strive to combine use cases, rather than approaching them individually.
Insight No. 9:
To realize value from IoE, public-sector organizations must address strategic, cultural, and operational questions.
Insight No. 10:
Public-sector leaders have a unique opportunity to “act” rather than “react.”