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Five Keys to Success Leading Digital Business Transformation

As we explored in my previous blog, today’s rampant pace of innovation can be likened to a Digital Vortex, where ideas, technologies, and even entire industries are swept to the center of the Vortex — recombining and merging into disruptive new business models.

In such an environment, digital business transformation is critical — and demands decisive top-down leadership. Nevertheless, as our Digital Vortex research revealed, 45 percent of companies don’t consider digital disruption a board-level concern.

That represents a dangerous level of complacency, especially for market incumbents. We all know the names of seemingly immune incumbents that rested easy as innovative disruptors combined technologies into new business models — challenging and disrupting them from seemingly out of nowhere. Those disruptors were innovative, agile, and, of course, digital (see chart below from our Digital Vortex research).

Source: Global Center for Digital Business Transformation, 2015

Source: Global Center for Digital Business Transformation, 2015

As Chris Skinner, author of Digital Bank, told our team, “If banks aren’t digital Read More »

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It’s Not Just the Connections, It’s the Applications

The Internet of Things (IoT) is connecting sensors, cameras, machines, and other devices at an amazing rate. But what drives the value of these digitized devices is not just the connections—it’s the applications that the connections enable. Think, for example, of a connected transportation system. It is not enough that buses have GPS and can connect to the Internet—what could really make a difference is an application that dynamically plans bus routes based on where people are, how long they have been waiting, and where they are going. That’s where the true value is.

You might even say that applications are the reason we connect things and collect data from those things. So those of us who are building the IoT infrastructure must understand what application developers need, and then enable them to take advantage of the IoT infrastructure and the data it carries. This means we need more than open APIs—we must make it easy for an application to get the data it requires from the infrastructure and to provide input into the infrastructure.

Additionally, we need to respond to the changing ways people want to interact with the devices at the edge. Traditionally, a process engineer might control or program a production line using a fixed human-machine interface (HMI) screen physically attached to the production machinery. Today, there is a growing need for remote and mobile interface capabilities—especially for the growing ranks of Millennials who want to be able to use iPads and other mobile devices to interact with IoT deployments. Cisco’s IOx platform is a flexible application development environment with a goal of enabling developers to connect applications with any protocol, interface, or device. In the future, this could even enable a control engineer in the factory to look at a robot’s operation through smart goggles, instantly viewing maintenance statistics and malfunction alerts.

Millennials in the workforce demand flexibility and mobility in interacting with IoT deployments

Millennials in the workforce demand flexibility and mobility in interacting with IoT deployments

It’s also extremely important to Read More »

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Drones and the Internet of Everything: Where Does Cisco Fit?

Earlier this summer I was privileged to be the closing keynote speaker at the UTM Convention, sponsored by the Association for Unmanned Vehicle Systems International’s Silicon Valley chapter. The convention took place at the NASA Ames Research Center in California, and focused on the unmanned-vehicle traffic management (UTM) aspect of drones.

Helder Antunes spoke about the Internet of Everything and drones at the UTM Convention in July.  Photo Credit: NASA Ames Research Center

Helder Antunes spoke about the Internet of Everything and drones at the UTM Convention in July. Photo Credit: NASA Ames Research Center

You might be thinking, “Cisco is a networking company, why would you be involved in a drone conference?” Well, drones have to be connected, and that’s what Cisco does. They transmit massive amounts of data that must be collected, sorted, and analyzed. This is exactly where Cisco should be playing. Read More »

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Announcing the IoTWF 2015 Registration is Now Open!

The Internet of Things World Forum (IoTWF), Dubai is just three months away! In its third year, the IoT World Forum is continuing some of our hallmark programs while introducing new activities.

As in previous years, the industry’s leaders in public sector, private business and education will gather again to collaborate, network, partner, and build the IoT ecosystem together.  The IoTWF is the one place where the entire IoT community can share the latest developments and emerging applications, all of which will be on display onsite.

Back this year are amazing keynote speakers, targeted business breakout sessions, our expanded research symposium, an exciting tour to highlight local IoT deployments, our IoT Hack-a-thon, and Innovation and Security Grand Challenges. New this year are technical breakout sessions, proven customer stories to highlight lessons learnt, IoT talks, an interoperable demo, the service provider angle on IoT, and increased time for networking.    With registrations recently opened, I wanted to highlight some of my favorite aspects to this year’s World Forum.

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Read More »

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Digital Business Transformation Starts with Five Key Leadership Questions

While digital disruption is overturning incumbents faster than just about any force in history, many business leaders are not getting the memo.
As I wrote in my previous blog, our recent “Digital Vortex” research found that nearly four in 10 top incumbents will be displaced in each industry due to digital disruption over the next five years. Nevertheless, 45 percent of companies don’t consider digital disruption a board-level concern.

MikeRiegelDigitalVortexPart2Pic1 Read More »

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