Whoever said, “Youth is wasted on the young,” didn’t meet the next generation of innovators. This year’s winners of the IoT World Forum Young Women’s Innovation Grand Challenge demonstrated amazing technical and industry know-how – plus a whole lot of heartfelt social awareness – far beyond their years. They’re not wasting any time at all!
Meet the Internet of Things (IoT) innovation rock stars of tomorrow.
The Grand Challenge connected with a highly diverse group of 1,500 girls aged 13-18 who submitted 400 entries from 171 countries. I was overwhelmed by the maturity of their proposals, which were focused on leveraging IoT technology to improve how we live, work, play and learn in a wide range of industries.
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Tags: Alex Goryachev, Cisco, innovation, Internet of Everything, internet of things, IoE, IoT, IoTWF
As a connected consumer, I can buy a book, plan a vacation, or choose a movie from any number of devices and from any location (home, office, car, or airport!). These interactions are not only convenient, they are more and more highly personalized and tailored to my likes and dislikes. We have all experienced this on Amazon and other commerce sites.
Unfortunately, we don’t get this experience from many banks.
In a Cisco survey of more than 7000 smartphone users and bank customers in 12 countries, 43 percent said that their primary bank did not understand their individual needs. Bank customers in China (54 percent), Brazil (52 percent), Mexico (49 percent), and India (46 percent) felt even more disconnected (see chart below).
Source: Cisco Consulting Services, 2015
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Tags: banking, Cisco, Cisco Consulting Services, data analytics, Digital transformation, Financial Services, hyper-relevance, innovation, Internet of Everything, internet of things, IoE, IoT, Mike Riegel, thought leadership
The world is awash in data, and 90 percent of it was created in the last two years.1 In fact, every day we create 2.5 quintillion bytes of data2 and that number is growing exponentially. The explosive growth of the Internet of Things (IoT) promises to add to this data glut, with 40 percent of all data coming from sensors by 2020.3 Today, a jet engine may generate 1 terabyte of data in a single flight,4 and a major global retailer collects 2.5 petabytes of customer day each hour.5 Yet 99.5 percent of all this data is never used or analyzed.6
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Tags: analytics, Cisco, edge computing, Fog computing, Internet of Everything, internet of things, IoE, IoT, Maciej Kranz
I have good news and bad news. First, the bad news: across industries, digital disruption is threatening to overturn incumbents and reshape markets faster than perhaps any force in history. Now the good news: companies can take control of their own destiny by embracing digital transformation and the Internet of Everything (IoE).
Let’s take a closer look. By “digital disruption,” I’m referring to the effect of digital technologies and business models on a company’s current value proposition — and its resulting market position. Digital disruptors innovate rapidly, and then use their innovations as a powerful competitive advantage to gain market share and scale far faster than challengers still clinging to traditional business models that can’t keep up with the pace of change. Read More »
Tags: Cisco, DBTCenter, digita disruption, digital business, Digital transformation, digital vortex, Internet of Everything, IoE, Joseph Bradley, thought leadership
Over the past few years, Cisco and Intel’s collaboration has extended into the realm of Internet of Things, allowing the strength of each organization to bring the industry as a whole, forward. In the Internet of Things, devices need applications, analytics, network connectivity, security, storage, and computing power. The partnership of Cisco and Intel offers comprehensive solutions working alongside several ecosystem partners.
Recently, during Cisco Live in San Diego, CA, we jointly showcased innovative IoT solutions and highlighted our collaboration on NFV:
- A smart city demonstration, featuring Legos and Fog Computing, was on display in the Intel booth showing how easy it is for cities to implement IoT solutions
- Carlos Morales presented a captivating “Pre-Zen-tation” on Fog Computing, elaborating on how companies can extend the cloud to the edge
- A highlight during the show was partaking in a #CiscoChat with Brad Haczynski, Intel’s Global Account Director, Sales and Marketing Group, encompassed around making IoT and IoE tangible with the power of collaboration.
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Tags: #DevNet, Cisco, Fog computing, Intel, Internet of Everything, internet of things, IoE Innovation Center, IoT, Jaishree Subramania