Cable & Telecom

“Internet of Everything” worth $30B for Canada in 2013; $400B over next decade

SAN JOSE, CALIF – A new survey from Cisco suggests that the Internet of Everything will enable Canada's private sector to generate about $30 billion dollars in profits in 2013, and about $613 billion in profits for businesses globally. According to the IoE Value Index study released by Cisco today, businesses that leverage the Internet of Everything – which refers to the networked connection of people, process, data and things, and the increased value that occurs as “everything” joins the network – could realize globally as much as $14.4 trillion over the next decade. For Canada, that “value at stake” could translate...