Internet Of Everything

- Aug 21, 2020-

Internet Of Everything


The Internet of Everything (IoE) is defined as the combination of people, processes, data and things to make network connections more relevant and valuable. The Internet of Everything transforms information into actions, creates new functions for enterprises, individuals and countries, and brings richer experiences and unprecedented economic development opportunities.


internet of everything

As more and more things, people, data and the Internet are connected, the power of the Internet (essentially a network of networks) is growing exponentially. This point of view (that is, "Metcalfe's Law [3]") was put forward by Robert Metcalfe, a technology pioneer and founder of 3Com.[4] Robert Metcalfe believes that the value of the network is proportional to the square of the number of connected users. In essence, the power of the network is greater than the sum of its parts, making everything interconnected and incredibly powerful.


As we enter the era of Internet of Everything (IoE: Internet of Everything), the public pays more attention to Metcalfe's law, also called "network effect", and everyone wants to know whether the same law will still apply. The content of Metcalfe's law is that the growth of network value is proportional to the square of the number of users. In other words, as the number of users increases, the value of the network increases exponentially.


Recently, NirEyal and Sangeet Paul Choudary published an article on TechCrunch about the declining strength of network effects. In their view, there is a kind of "stored value" (creative content, reputation, usage data, and influence) generated by users that strengthens the network effect, enabling companies to retain customers and increase market share.


Nir and Sangeet mentioned an important point that we are beginning to consider the potential of the Internet of Everything to change the world. Please think about it: in Metcalfe's Law, strictly speaking, "value" comes from the "quantity" of the increasing content of the Internet. What happens when these contents (people, objects, and data) bring their own value into the equation?


In essence, the realized "value" increases exponentially after multiplying with the strength of the network effect. The network creates unprecedented business opportunities. Silent objects are given a sound to awaken almost everything you can think of. As shown in the animation below, the Internet of Everything will provide us with a clearer picture and a broader prospect, allowing us to make decisions based on more accurate reality.


OPTICO COMMUNICATION (www.fiberopticom.com) focuses on the development of fiber optic network communication product lines and provides a comprehensive solution to the fiber connectivity system components. We supply fiber optic components, such as fiber patch cord, PLC splitter, SFP transceiver, MTP/MPO, CWDM/DWDM, FTTH solution, Data center wiring solution, etc. All the products adopt strict quality standards in the production and inspection, ensuring excellent operation performance and good product stability, and safely and reliably ensuring the long-term use of products.

For more details, pls visit OPTICO website: www.fiberopticom.com