Advances in cloud computing alone are expected to create 2.5 million additional jobs in Europe by 2020

Grazed from Project-Syndicate.  Author: Editorial Staff.

Europe is on the cusp of an unprecedented technological transformation. I call it the Internet of Everything: the penetration of the World Wide Web into the everyday aspects of our lives. Wearable technology will tell us how well we are sleeping and whether we need to exercise. Sensors in the street will help us avoid traffic jams and find parking. Telemedicine applications will allow physicians to treat patients who are hundreds of miles away.

This massive transition will transform how citizens interact with their governments, revolutionize entire industries, and change the way we engage with one another. In Europe, the Internet of Everything is emerging as the single most promising way to revive a moribund economy and tackle the continent’s stubborn unemployment problem, with companies, cities, and even countries positioning themselves as leaders in innovation, growth, and the creation of jobs.

Read more frpm the source @ http://www.project-syndicate.org/commentary/internet-economy-europe-by-john-chambers-2015-03#kpXwpqdPTJR6XI8R.99