CANCUN, Mexico – The Internet of Everything has been introduced to 10 percent of the Latin American public, and – although this is a relatively low percentage – it represents a “great advance,” a Cisco executive said on Tuesday.
“We still don’t have that massive use that we would like, but – although it’s complicated to find out precisely – areas like automatization and utilities are already adopting it,” Amri Tarsis de Oliviera told EFE.
The director of IoE for the U.S. firm spoke to EFE within the context of Cisco Live!, the most important IoE event for Latin American developers.
For Cisco, countries like Brazil and Mexico, due to the size of their markets, along with Colombia, Chile and Peru, due to their growth rates, are in the vanguard of the Latin American IoE sector.
Those nations that have significant public transportation sectors that rely on applications, that use technologies for daily activities like household appliances and that are experiencing the penetration of mobile devices have leveraged that growth, “which is important,” Tarsis said.
“What we’re seeing today is a moment at which we have innovation, above all with sensors or in areas like security. It seems like it’s not too much, but the truth is that it’s a great step forward for the region,” the Brazilian executive said.
Tarsis defined IoE as a “good tool for saving time and money.”
He also recommended the use of the huge quantity of data provided by devices that are connected to the Web to stimulate the development of new solutions for end-users, which – in the final analysis – “are those who benefit most.”
Nevertheless, he said that there are other areas, like health care and manufacturing, in which advances are being made “but not as we would hope” due to the existence of obstacles and challenges, including the lack of effective business models or the lack of the necessary technology.
To that he added the “great absence” of local regulations that would allow IoE to really make a big push.
According to the Cisco executive, when those obstacles can be overcome, the individual experience of end-users in terms of personal health monitoring, entertainment and home safety, as well as the efficiency of companies, will all improve.
Cisco calculates that the Latin American business “opportunity” for companies that provide connectivity to the IoE currently amounts to $860 billion.
“The good thing is that many of the companies are already undertaking projects and experimenting with technology. That is the first step. We’re going to move forward at an exponential rate in the coming years,” he said.
“We have to do away with the idea that Latin America is backward. There are many good examples that the region is advancing and there are elements that prove that in those countries,” concluded Tarsis, who heads the Cisco Live! IoE Forum being attended through Thursday in Cancun, Mexico, by some 5,000 people.