Big data and cloud are drastically changing today’s IT landscape. The proliferation of traditional and new data sources plus the movement of data to the cloud complicate a company’s ability to access all of its data assets. This creates an important need to complement traditional data warehousing by providing a real-time, consolidated logical view of data, better known as data virtualization.
Today, Cisco is announcing its intent to acquire Composite Software, a market leader in data virtualization software and services. Composite’s technology connects and optimizes many types of data from across the network and makes it appear as if it’s in one place, allowing companies to make better business decisions. Together, Cisco and Composite will help to accelerate the shift from physical data integration to data virtualization.
For example, the NYSE Euronext produces billions of data per day through quotes, trades, orders, receipts. This data is housed in multiple locations. Composite provided a solution with its data virtualization platform, which functions as a virtual data warehouse to provide access to trades, orders, quotes and other data for analysis, compliance and reporting across 14 exchanges. With data virtualization’s flexible data delivery infrastructure, the organization increased business responsiveness, improved the breadth of analytic insight and lowered its costs.
Consistent with our model for Next Generation IT, Composite will expand Cisco’s portfolio of Smart Services and extend our next-generation services platform with software and hardware solutions. By connecting network knowledge (APIs) and programmability with Cisco’s industry leading Unified Computing System, and adding Composite’s software and query optimization expertise, Cisco will be well positioned to provide highly differentiated capabilities to our customers.
In addition, this acquisition reinforces our commitment to support partner consumption models and assist our partners in broadening their services portfolios.
This acquisition builds on Cisco’s framework for a unified platform and our software services strategy with the recent acquisition of SolveDirect. Composite’s data virtualization solution, combined with SolveDirect’s process integration platform, will provide cross-domain data and workflow integration capabilities to enable real-time business insights and operations.
Tags: acquisition, data virtualization, Hilton Romanski, M&A, services, software
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