What is the difference between IoT and IoE?
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The Internet of Things (IoT) is the network of physical devices, vehicles, home appliances, and other items embedded with electronics, software, sensors, actuators, and connectivity which enables these things to connect and exchange data, creating opportunities for more direct integration of the physical world into computer-based systems, resulting in efficiency improvements, economic benefits, and reduced human exertions.
Internet of Everything (IoE) is a systematic connection of data, things, processes and people. It enables the convergence of previously unconnected physical and digital domains. Faster networks, internet security equipment’s and high speed processors are also estimated to propel the demand for the Internet of Everything (IoE) Market.
Some of the participants of the Internet of Everything (IoE) market are Ericsson, Cisco Systems Inc., Oracle Inc., Vodafone Group Plc., Google Inc., and Hewlett-Packard Company. The others are IBM Corporation; Apple Inc.; Samsung Electronics Co. Ltd.; and Accenture Inc; among others.
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Change can be small or large, incremental or complex. Change aims to improve something, Make it better, cheaper, faster and more efficient. And it needs to be monitored, maintained and continually improved. Change is the job of Managers.
however, transformation is always large, significant and radical. It’s about doing something entirely different and redefined from what it used to be in the past. It’s coming from a vison and It modifies beliefs, culture and perceptions and it needs to be Iterative and Experimental. Transformation is the job of leaders