American multinational technology company, Cisco System, has bought IoT platform company, Jasper Technologies, in a deal worth $1.4B. Founded in 2004, Jasper Technologies is bringing a wealth of software experience and more than 3500 enterprise customers into Cisco’s fold. Driverless cars are one of the most exciting up and coming technology for consumers, but this is only one example of the devices to be connected to the internet in the near future according to Cisco. The company expects 50 billion devices and objects to be connected to the internet by the year 2020. They also estimate the IoE market (Internet on Everything, term coined by themself) to have a value of $14.4 Trillions (Google tells me that means one million one millions) for the private sector in 2022.