View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
  2. Software
August 18, 2014

How Cisco plans to connect 99% of the Internet of Things market

The firm says security will be the biggest challenge.

By Amy-Jo Crowley

Cisco is looking to connect 99% of the Internet of Things (IoT) market, which it believes is a "huge market and opportunity".

Chong Kyung-won, GM and VP of Cisco Korea, told Korea JoonGang Daily the networking firm’s next mission is to connect 99% of things that are unconnected to the Internet.

"We see there are 99% of things that are unconnected and the things that are connected to the Internet, such as people and equipment, is only 1%," he explained.

"Our mission and vision is to connect the 99%, for which there is a huge market and opportunity for us.

"Although many companies say they make convergences and provide total solutions through convergence, networks are the core to the solutions.

"Thus, Cisco is in the best position to connect the other 99% of the world."

Content from our partners
Sherif Tawfik: The Middle East and Africa are ready to lead on the climate
What to look for in a modern ERP system
How tech leaders can keep energy costs down and meet efficiency goals

He continued to say that biggest challenge in connecting 99% of the IoT lies in security.

"It is impossible to connect everything without ensuring security, as it is the most important component of IoE. Cisco will focus on investing in the security business," he said.

"Cyberattacks and hacks happen through networks because all data are transmitted through networks. Telecommunication enables security in both cable and wireless."

He also added that biggest surge in data will happen in the IoT, when the 99% of things are connected with the Internet.

"For instance, let’s say that we attach sensors on all the equipment of an airplane and collect and transmit the real-time data to let people know whether the plane is safely flying, as an example of the Internet of Things," he explained

"For one airplane to fly for 30 minutes and transmit the data, 1 terabyte is needed. There are countless airplanes flying every day, which means that the data generated by IoT or IoE would be tremendous.

"If equipment drove applications in the past, from now on applications will drive and pull networks or network equipment."

Last week, Cisco announced plans to cut as many 6,000 jobs, which is 8% of its global workforce, over the next 12 months.

Topics in this article :
Websites in our network
Select and enter your corporate email address Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
  • CIO
  • CTO
  • CISO
  • CSO
  • CFO
  • CDO
  • CEO
  • Architect Founder
  • MD
  • Director
  • Manager
  • Other
Visit our privacy policy for more information about our services, how New Statesman Media Group may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.
THANK YOU