Cisco has been a prominent supporter of the Rockwell Automation Fair for a number of years. The relationship has grown over time to one where both Rockwell and Cisco collaborate on developing software, solutions and products for a wide range of both IT and OT (Operational Technologies) functions within industrial and other customers.
Recently Cisco showed off some of the technologies in the oil and gas space, and Ahmed Farrag, Business Development Director from Cisco, talks about Cisco’s presence at the show in the following video.
Ahmed talks about Oil and Gas as one of Cisco’s key focus industries. He mentions the huge demand increases we’ve seen over the past few years.
That’s all changing right now.
The price of oil has plummeted to half what it was only a few months ago. With China slowing, parts of Europe close to another downturn, and oil now gushing following the huge investments that have been made in fracking and tar sands in the US, some say we have too much oil right now. Some companies are going to be worried about margins and future investments. So what’s the future?
Nearly half manual processes could be automated in most industries, with Oil and Gas the most.
That chart holds the key to the future of the Oil and Gas industry.
With the advances that have already been made (and those yet to come) in the field of automation, along with rapid progress in collaboration and communications technologies between workers and companies, one of the keys to profits will be enabling lower costs and higher efficiencies. Cisco and it’s partners are leading the charge.
As Automation Fair was wrapping up yesterday, all of my Cisco colleagues were expressing gratitude to our hosts at Rockwell Automation. We want to congratulate our partners at Rockwell Automation for once again, putting on a very successful user conference. Our partnership has evolved into a truly collaborative and demonstrably successful model for joint product and solution developments, go-to-market effectiveness, industry and thought leadership, all aimed at the same goal: our mutual customers’ success.
As I blog today from the show floor at Automation Fair in the George Brown Convention Center in Houston, the second day of one of the largest industrial automation events is underway. We have had a lot of traffic and interest in the Industrial IP Advantage booth (#1223).
In fact, many booth visitors are asking us, “I get OT (or the reverse, ‘I get IT’)- how can we work together?” As my Cisco colleague Dave Cronberger mentions in the video below, the relationship has now evolved and certainly both sides see the merit of working together. Our Industrial IP Advantage community can certainly add to the conversation and give guidance on next steps in getting the most out of IT/OT convergence in order to move towards an IP-centric industrial network.
Cisco has a significant presence at Automation Fairin Houston this week. This event is not only the largest gathering of Rockwell Automation users, it is also one of the most well-attended conferences for controls and industrial automation. The day was busy both in the exhibit floor and throughout the sessions, industry forums and demonstration areas.