How Cisco is trying to cash in on the Internet of Things


Cisco Systems sees big money in the emerging Internet of Things market, $19 trillion in fact, and on Monday it rolled out a number of initiatives intended to help the networking giant capitalize on it.

The Internet of Things generally refers to household appliances like coffee makers that are connected online so users can control them remotely and get better use out of them based on the data they collect. For businesses, the Internet of Things is about equipping big machines like assembly lines and jet engines with Internet-ready sensors to make their operations run more smoothly and efficiently.

Cisco’s new Internet of Things-friendly system, which the company has detailed for the first time, is essentially inter-related software that will help companies and cities set up the necessary infrastructure like cameras, switches, and routers to manage the data flowing between their connected equipment.

The company has sold similar individual…

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