1. | The term IoE is coined by CISCO. | The term IoT coined by Kevin Ashton in 1999 during his work at Procter & Gamble. |
2. | IoE is the intelligent connection between people, process, data and things by creating ‘web of things’ which is the next generation of internet. | IoT is the network of physical devices where collection and exchange of data occurs without human intervention. |
3. | The goal of IoE is turning information into actions, providing data based decision making and provide new capabilities and richer experiences. | The goal of IoT is to form an ecosystem of connected objects/physical devices. Or to create an ecosystem connecting from Thing to Thing. |
4. | In IoE, communication occurs between Machine to Machine, Machine to People and technology assisted People to People. | In IoT, communication occurs between Machine to Machine. |
5. | It is more complex than IoT as IoE includes IoD (Internet of Digital), IoH (Internet of Human) and IoT (Internet of Things). | It is less complex than IoE as IoT(Internet of Things) is considered as a part of Bigger IoE ecosystem. |
6. | It has four pillars people, process, data, and things. | It has one pillar things i.e it focuses on physical objects only. |
7. | It is considered as the superset for Internet of Things(IoT), along with IoH, IoD, communication technologies and the internet itself and it is considered a generation after IoT. | It is considered as the subset of bigger Internet of Everything(IoE) and IoT is considered one generation before IoE. |
8. | Example are Connecting roads with hospitals to save more lives, Connecting homes for comfort living, Connecting food and people in the supply chain, Elderly care monitoring. | Examples are Wearable health monitors, Connected appliances, Autonomous farming equipment, smarter energy management systems, Smart surveillance. |
9. | IOE refers to the combination of people, processes, data, and things connected to the internet. | IoT refers to the network of physical devices, vehicles, home appliances, and other items that are embedded with sensors, software, and network connectivity that allow them to exchange data. |
10. | The scope of IOE is broader and includes people, processes, data, and things. | IoT focuses on connecting physical devices, sensors, and other electronic equipment. |
11. | IOE focuses on connecting everything, including people, processes, data, and things. | IoT focuses on connecting physical devices, sensors, and other electronic equipment. |
12. | IOE can be applied in various industries, including healthcare, transportation, energy, and manufacturing. | IoT can be applied in various industries, including healthcare, transportation, energy, and manufacturing. |
13. | IOE creates value by connecting everything to the internet and allowing the exchange of data to enhance decision-making and create new business models. | IoT creates value by collecting data from devices, analyzing it, and generating insights that can help businesses optimize operations and create new revenue streams. |
14. | IOE requires more robust security measures to protect the exchange of sensitive data between people, processes, and things. | IoT also requires security measures, but the focus is on securing devices and the data they generate. |
15. | IOE is not yet a standard term or concept, and there are no established standards. | IoT has established standards, protocols, and frameworks that govern device connectivity, data exchange, and security. |