One noted economist believes “the real impact of the electronic revolutions has already occurred.” We could not disagree more. With over 2B more people and 37B more things planning to join the Internet by 2020, our economic analysis identifies a potential “value at stake” of $14.4 trillion. This number equates to the impact of increased connectedness that the Internet of Everything (IOE) will make possible for private-sector firms over the next decade. What does that mean? A potential 21% aggregate increase in profits for the global private sector between 2013 and 2022.
Every day Cisco works with customers to address their technology opportunities and challenges as they focus on driving growth, improving customer experiences and increasing their productivity. But it’s not just the technology that is driving the benefit to their business – corresponding shifts in strategy around people and information management is driving the gap between the leaders and the followers. In 2013 alone, over $600B in profits are flowing to some of those leaders as they take advantage of the Internet of Everything -- the intelligent connection of people, processes, data and things
It’s not just our technologies that help customers achieve amazing things in their organization,. With our role as architects for our customers IT strategy, we also have a window on how they use everyone else’s technology. We see, first hand, what happens when they connect the unconnected – both people and things – and how these connections generate more data and require new processes as “everything” comes online. We wanted to better understand how the Internet of Everything can help businesses create economic value and how to design a roadmap to take advantage of the increased connectedness.
Today, we’re releasing the results of the Cisco IoE Value Index that begins to tackle these questions. This index is a global survey of 7,500 business and IT decision makers providing a sense of how well businesses worldwide are doing in their efforts to realize their share of the value at stake in 2013. We surveyed executives from large and midsize firms across nine different industries in 12 of the world’s largest economies, which together represent approximately 70% of global GDP.
How much value are we talking about here? From a business perspective, the results of the IoE Value Index tell us that private firms will capture a staggering $613 billion in profits in 2013. How? By taking advantage of Internet of Everything to increase efficiencies and create better customer experiences. Some highlights to note:
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Tags: #IoE, $14.4T, data visualization, global survey, infographic, Internet of Everything, IoE Value Index
The promise of the Internet of Everything (IoE) looms near, and as the networked connections between people, process, data and things exponentially increase, the opportunity for private industry sits at $14.4 trillion USD. And the potential for humanity is limitless. This means that the future of information technology (IT) will look very different.
Realizing the potential of IoE will require what I have been calling the Model for Next Generation IT. It’s a familiar view of IT, but the value is shifting in each layer. And as the value shifts, we’re seeing new business models emerge, in great part due to the adoption of cloud computing and everything as a service (XaaS). But we must keep in mind the value that the network delivers in the future as I wrote in my earlier blog, “Three Truths About Networking – the Next Chapter”.
In the past, category leaders that provided separate components defined the infrastructure layer of IT. In fact, we referred to them by what they delivered – server companies, storage companies, networking companies, security companies and so on. But as we see the needs for IT shift with the consolidation of major technology trends like mobility, cloud, M2M (or the Internet of Things / IoT), big data and analytics, and a whole new breed of applications -- the infrastructure needs in IT have changed.
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Tags: Cisco ONE, Model for next generation IT, unified framework, unified platform
Long after she made it cool to be a woman in high tech, Sheryl Sandberg is now making it popular to talk about gender in the workplace. The Facebook COO is sparking wide discussion about female ambition with her blockbuster book “Lean In: Women, Work, and the Will to Lead”.
In my latest blog post on Inclusion & Diversity, I discuss Sheryl Sandberg’s new book and the growing role of women in the work force. Read the full post here.
Tags: Inclusion and Diversity, LeanIn, women, Women in Technology
While the topic of Open Source is not new, the topic of using open source in today’s networks has gained momentum in recent times, which, not surprisingly, coincides with the broader conversation of open networking. While there is considerable interest, there is also a lot of confusion. Several questions pop-up:
- What is Open Source vs. an Open Standard?
- How do Open Source consortiums work? What is the governance model?
- What are the security implications of Open Source based implementations?
- What are the likes of Cisco and IBM doing in this space?
- What is the Open Daylight project?
- Is open networking the same as open-source networking?
If you would like to get an overview of not only mechanics behind open source projects and communities, but also get a great overview of the recently announced OpenDaylight project from the Linux Foundation, I invite you to register for the 4th session of the Cisco Open Network Environment webcast series “Using Open Source in Networked Environments – Discover the Possibilities and Benefits” broadcasting on June 18th at 9 a.m. PST.
Joining me in this webcast as I host three industry luminaries in the Open Source community including Michael Enescu, Cisco Chief Technology Officer for Open Source Initiatives at Cisco, Daniel Frye, Vice president of Open Systems Development from IBM joining and Jim Zemlin the Executive Director of the Linux foundation.
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Tags: Cisco ONE, Cisco Open Network Environment, Dan Frye, Jim Zemlin, Linux Foundation, Michael Enescu, open source, opendaylight, Shashi Kiran
My father taught me at a young age that hard work pays off. Over the years, this lesson has proven to be true, again and again.
I reflected on this important lesson this week when new Q1 data from Synergy Research Group showed that Cisco has taken over leadership of the cloud infrastructure equipment market, just one quarter after IBM’s share of the market had hit a two-year high.
While market share can certainly fluctuate, the report is a strong testament to the strategy, focus, execution – and yes, hard work – of Cisco’s entire cloud team, which has enabled our enterprise and service provider partners to build and deploy best-in-class cloud computing solutions
According to Synergy, the first quarter was an exceedingly poor one for the server market, and as a consequence IBM and HP both took a big hit in cloud infrastructure equipment revenues. Meanwhile Cisco had a very strong quarter in public cloud networking infrastructure, helping it to grab more than 15% share of the overall cloud infrastructure equipment market.
”Cisco has been steadily and consistently building its share in this market and now finds itself in the leadership position,” said Jeremy Duke, Synergy Research Group’s founder and Chief Analyst.