Featured Articles

Nvidia Shield 2 shows up in AnTuTu

Nvidia Shield 2 shows up in AnTuTu

Nvidia’s original Shield console launched last summer to mixed reviews. It went on sale in the US and so far Nvidia…

More...
AMD CSO John Byrne talks ARM

AMD CSO John Byrne talks ARM

We had a chance to talk about AMD’s upcoming products with John Byrne, Chief Sales Officer, AMD. We covered a number…

More...
AMD Chief Sales Officer thinks GPU leadership is critical

AMD Chief Sales Officer thinks GPU leadership is critical

We had a chance to talk to John Byrne who spent the last two years as Senior Vice President and Chief…

More...
OpenPlus One $299 5.5-inch Full HD phone

OpenPlus One $299 5.5-inch Full HD phone

OnePlus is one of the few small companies that might disrupt the Android phone market, dominated by giant outfits like Samsung.…

More...
KFA2 GTX 780 Ti Hall Of Fame reviewed

KFA2 GTX 780 Ti Hall Of Fame reviewed

KFA2 gained a lot of overclocking experience with the GTX 780 Hall of Fame (HOF), which we had a chance to…

More...
Frontpage Slideshow | Copyright © 2006-2010 orks, a business unit of Nuevvo Webware Ltd.
Friday, 14 February 2014 09:57

Cisco sees $19 trillion opportunity in Internet of Things

Written by Peter Scott



Wearables are hot too, but people lose interest fast

Cisco CEO John Chambers thinks the Internet of Things is going to be, well, a thing. Chambers told the Goldman Sachs Technology and Internet Conference that Cisco started working on IoT technologies six years ago.

He believes the infrastructure behind the Internet of Things will be massive. Chambers estimates IoT could become a $19 trillion market over the next few years with $2.9 trillion for manufacturing alone. Needless to say, Cisco believes it is in a good position to make a few bucks on IoT, as it remains a network powerhouse.

In related news, wearables are slowly going mainstream, but according to a new survey by Endeavour Partners, there is a problem. Although consumers don’t mind buying wearable tech, many of them appear to lose interest in them.

The survey found that most wearables in the wild today are fitness trackers like Jawbone or the Nike Fuelband. They are quite useful and practical, but many consumers simply lose interest in a matter of months. Users point out wearables are easy to lose or break, yet they are hard to sync with other devices and their battery life is poor. Many also find them ugly and uncomfortable – but more importantly many users say they simply don’t provide any material benefit.

That is the crux of the issue. Smartphones are basically the Swiss Army knife of gadgets, they can do a lot of things and people always have them handy. They can be used as fitness trackers, cameras, music players, navigation devices and much more. That is why they wrecked the audio player market, and then they went after compact cameras.

However, wearables do the exact opposite – they force people to carry around more devices instead of less. The trouble with most of them is that they are very specialized and only have a handful of applications. In other words they are a tough sell, especially now that people have ditched their iPods, pocket cameras and various other gadgets in favour of smartphones.

Peter Scott

E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
blog comments powered by Disqus

To be able to post comments please log-in with Disqus

 

Facebook activity

Latest Commented Articles

Recent Comments