The new IOE economy will profoundly

The new IOE economy will profoundly effect four major factors of daily life . The first is people.As the internet evolves toward IOE.People will be connected in more relevant and valuable ways.For example, in the future, sensors placed on the skin or sewn into clothing will provide information about a person's vital signs.In this way, according to Garther, people themselves will become notes on the internet.Second are things.Physical items such as sensors, consumer devices and enterprise assets.Connected to the internet and to each other will send more data and become context aware.Third is Data.Rather than simply reporting raw data ,connected things will send higher level information back to machines, computers and people for further evaluation and decision.Meanwhile the volume of data is growing exponentially.And forth is process.With the credit process, the right information can be delivered to the right person at the right time in the appropriate way. We'll see the adoption of social and other information media continue to drastically accelerate.All business including health care, agricultural, industrial, and manufacturing are now digital businesses, the current market distruptions are internet based Cloud, Mobility , Applications.The change is much bigger than technology alone.New urban technologies will help people save energy，reduce urban traffic，public waste and railway system accidents.The internet of everything will require a new intelligent network and normal data storage capacity， according to web visionary Marc Andreessen,"the US will need massive investment in existing and new networks for decades to come,Status quo not sufficient."What's more.In the new IoE economy devices and sensors will activate human senses and become the eyes ears for companies.Law abiding citizens and even for hackers, security and privacy will be top concerns.The internet of everything is inevitable.It is happening.It is here.Are we ready?