Cisco's big focus at this year's Consumer Electronics Show was around the Internet of Everything, or the emerging ability for everyday objects and devices to be connected to the Internet and to one another. For Cisco, it represents what CEO John Chambers described as an "inflection point" for Cisco and the IT industry at large, as well as the fourth, and most significant, phase of the Internet as we know it.

At the Cisco press conference Monday, Chambers talked to journalists about what the Internet of Everything phenomenon means for Cisco, its customers and its partners. Here's a look at what Chambers had to say.