The 600 largest cities in the world are expected to generate 65 percent of global GDP growth through 2025—the impact of IoT technologies can be substantial states McKinsey Global Institute.
With the Internet of Things World Forum rapidly approaching, I wanted to preview this year’s IoTWF Experience tours – which have been one of the most popular activities at the previous World Forums.
Dubai, already one of the most technologically advanced cities, is transforming into one of the smartest digital cities in the world. The IoTWF walking tours will illustrate many of the solutions that are going into this digital transformation as Dubai embraces the Internet of Things.
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Tags: Dubai, Internet of Things World Forum, IoT, IoTWF, Smart Cities, Smart Lighting, smart parking
Not your typical Cisco office: openBerlin is ready to innovate with the best startups and accelerators.
At yesterday’s inauguration of Cisco’s ninth Innovation Center in the world, Berlin’s smartest new facility was abuzz with startup-like excitement for the possibilities of what the new digital world can deliver. I mingled with Cisco colleagues, customers, partners, app developers, entrepreneurs, thought leaders and the media in our latest showcase working lab, embedded with more than 10,000 sensors and all the networking hardware and software needed to co-innovate industrial solutions around the Internet of Things (IoT).
Indeed, the world is increasingly more connected. Some 13 billion devices are now connected through the Internet. And now, openBerlin, a Cisco® Innovation Center will link with an inter-connected network of eight other Innovation Centers in major cities around the world, sharing local expertise to support development of the latest outcome-based solutions that can be scaled and replicated globally. Read More »
Tags: Alex Goryachev, Digital transformation, Innovation Centers, Internet of Everything, internet of things, IoE, IoT, startups
High stakes can ride on the telling of a story. In One Thousand and One Nights, the legendary Persian queen Scheherazade tells 1,000 stories on successive nights to save her life from the vengeful sultan. She ensnares his imagination. Her words took him to places and times he’d never witnessed, constructing wondrous realities from distant visions. A captive to the power of narrative, the sultan transforms his rule to reflect the shadow world of myth. Legend fades backwards into reality.
To many, the Internet of Everything (IoE) and Digital Transformation are no more than legend, at best a whisper of a distant future. They sound good in theory, skeptics say, but they do not really exist. More of a marketing pitch than a measurable reality. Maybe in 15 or 20 years. As for the $19 trillion value-at-stake? Somewhere between wishful thinking and a mirage in the macroeconomic desert.
At Cisco, we have hung our hat on the reality of Digital Transformation and the Internet of Everything as a pressing business reality – THE pressing business reality. As Vice President of Internet of Everything, I see this every day as I work with our partners and customers to build the future. But it’s not some vague mirage or distant vision. It is a tangible reality, and the transformation is already underway. We want you to see that, too. And so, like Scheherazade, we look to the power of narrative to show you that the castles in our minds are built with stone and mortar. I am incredibly excited to unveil Digital Transformation with the Internet of Everything – a collection of 100 real customer stories of digital transformation in action. Our team worked tirelessly to bring together this anthology of stories cutting across industries and regions. To show how real these accounts are, we made a book. A real page-turning volume you can download today. Read More »
Tags: Digital transformation, digitization, Internet of Everything, IoE, IoE 100, Mike Riegel
Five years ago, the taxi industry seemed about as immune to digital disruption as any industry could be. Taxis, after all, were purely analog contraptions, far removed from digital innovation, software, apps, and the like. What’s more, their business model seemed as foolproof as the day it was created in the early 1900s: drivers prowled the streets until they spotted customers hailing a ride, drove them to their destination, and collected the fare.
Right? Well, wrong, actually. Enter Uber, and the taxi industry will never be the same.
Uber is a great example of what our recent Digital Vortex thought leadership called combinatorial disruption. In today’s climate of constant digital disruption, technologies and business models collide, combine, and recombine in startling ways. As the Digital Vortex sweeps everything of value to the center, non-digital processes fall away, to be replaced by more efficient value drivers.
In this model, the creation of new value is everything; the old value chain, meanwhile, is redefined to the point of being unrecognizable or obsolete with unnerving (for an industry incumbent) speed. Read More »
Tags: Cisco, DBTCenter, digital business, digital disruption, Digital transformation, digital vortex, IMD, Internet of Everything, IoE, Joseph Bradley, thought leadership
The time is ripe for an IoT explosion. The number of connected “things” in the world has skyrocketed from about a million in the early 1990s to 13 billion today. As the Internet of Everything (IoE) gains momentum—digitizing business processes in every industry—we expect to see 50 billion connected devices by 2020. The technology connecting all these devices has become affordable and easy to integrate. But that is not the primary reason for this explosion in connected devices. I believe we are entering a “golden age” of digitization because of the confluence of the following factors:
Business Relevance: Lines of business (LOBs) are emerging as a key buying center for technology. The executives running plants, oil fields, or logistics systems have realized that technology solutions can deliver business outcomes critical to their business success —beginning with improved productivity, increased uptime, and reduced costs. It used to be that LOBs would work only with specialized integrators for specific, customized solutions. Today, business leaders want to change the way they consume technology. They are looking for technology providers who, together with a comprehensive ecosystem of partners, can pull together business-relevant solutions based on open standards and architectures. To meet these needs, technology companies such as Cisco are changing how we operate and how we go to market. Cisco has invested heavily in developing vertical solutions based on horizontal capabilities. We have built deep services practices and vertical go-to-market capabilities, and have invested in a comprehensive ecosystem of partners with whom we deliver not just great technology, but solid business outcomes.
IoT adoption is being driven by the move to open standards and IT/OT convergence, helping to power better business outcomes across industries.
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Tags: digitization, Internet of Everything, internet of things, IoE, IoT, IT/OT convergence, Maciej Kranz, open standards