Internet Of Everything
Chambers also stressed the impact the emerging Internet of Everything, or Internet of Things, trend will have on Cisco and its channel. As more and more devices become Internet-enabled, Cisco partners will face an opportunity to help make those connections and even wrap industry-specific services around them. Either way, Chambers told partners, get ready for the ride.
"Three to five years out, our major move will be to become the No. 1 IT player together and we will do this with partners and in conjunction," he told partners. "To do that, we believe the major transitions will be around the Internet of Things."
Chambers said Cisco estimates the Internet of Things to represent a $14.4 trillion market (with that number likely to be "very conservative"), and also expects there to be 50 billion connected devices by the year 2020.