In reply to Yougen Zhu.

You’re absolutely right, Yougen. IoE are applicable for both private companies and public organizations like cities. Our initial estimate of the value that IoE delivers was $14.4 trillion. That was for private companies only. The next year we predicted that public sector organizations would achieve $4.6 trillion in value, totaling $19 trillion over 10 years. While the public sector number is smaller, our research found that the public sector, in many ways, is leading the private sector . You can learn more about our research here: http://ioeassessment.cisco.com/learn/value-stake-public-sector