Last week I went to one of my favorite restaurants in San Francisco…. Swan Oyster. It’s an old school “dive” with the authentic rustic ambience you would expect from a 100 year old SF oyster bar. I waited in line for 2 HOURS for four reasons……well 3.8 reasons. First, you can’t find fresher oysters anywhere, second; the smoked salmon on rye melts in your mouth and the 3.8th reason…. well, my mother in law loves it (that deserves more weight than 1 reason, so I gave 1.8)
So, why I’m a being a food critic at an event dedicated to IT, industrial and manufacturing professionals. Well, I know you are constantly analyzing reasons to make the right decisions whether for your family, business or career. Even if they’re as mundane as determining if you should stand in line for 2 hours with you dear mother in law for a dozen oysters and a generous helping of smoked salmon on rye. So, I thought I would give you $14.4 Trillion (reasons!!!) to visit the IoT Pavilion (booth #1558) June 23-27 at Cisco Live in Orlando this year.
The Internet of Everything (IoE) will create opportunities to capture $14.4 trillion of value between 2013 – 2022. Of which, $3.88 trillion (reasons!!) worth of value can be obtained from manufacturing and industrial industries. That’s $3.88 trillion (reasons!!) of cost savings and revenue generation that can be realized by taking advantage of the IoE revolution!!!
What is IoE anyway? Is it like the Y2000 hype…. absolutely not.
The Internet of Everything (IoE) connects people, processes, data, and things (IoT) to make networked connections more relevant and valuable than ever before creating new capabilities, richer experiences, and unprecedented economic opportunity. IoE will be a disruptive force that radically transforms they way we create, build, deliver and experience every product and service we use today.
Every manufacturer will need to connect existing devices to the Internet for control monitoring, and intelligent decision analysis. Previously unconnected devices will become smart objects and sensors connected seamlessly and securely throughout the enterprise. Applications that haven’t been identified will be created and enabled to drive operational excellence, improved asset utilization, supply chain agility, innovation, workforce productivity and increased customer satisfaction and acquisition.
The $14.4 trillion (reasons!!!) dwindle fairly quickly over time. Manufacturers and industrial producers do not have long to develop and deploy the infrastructure required to take ADVANTAGE of the IoE revolution. The challenge is that many of the things (IoT) deployed in industrial environments were built for very specific purposes, and due to lack of standards were developed with their own proprietary protocols.
These approaches and strategies produce highly complex and costly infrastructures that do not scale or provide the flexibility to capture the $14.4 trillion value form IoE.
As Global Industry Director for Manufacturing at Cisco, Chet Namboodri is looking forward to joining you and more than 20,000 of your colleagues at our 2013 Cisco Live event in Orlando, Florida, during June 23-27.
As part of this year’s Cisco Live on Tuesday afternoon, June 25, I’ll be hosting a one hour break-out session (number BRKIND-1229) titled “Cisco Industrial Solutions and Best Practices for Manufacturing”. This session is for manufacturers, their suppliers and their partners who are looking for transparent integration and secure real-time visibility between business networks with control and automation systems—and want to find out the business value that will give them.
In that session I’ll be talking about how you can unify the different kinds of networks – those that utilize information technologies, or IT and those that utilize operational technology, or OT. Just think of the ease of management, support and expansion with an open-standards based architecture that not only reduces total cost of ownership (TCO), but is already providing Cisco customers with real business returns. I’ll talk more about that and give you customer names and use cases at Cisco Live.
One of the key ways Cisco can help you get there is with “Cisco Smart Solutions,” which provide the open-standard, IP-based communication and control I mentioned to reduce costs, improve up-time, increase asset utilization, and lock-down on end-to-end security. During the session, I’ll not only talk about case studies, but even have a live business demonstration over TelePresence to showcase different business capabilities and value achieved with these converged IT/OT solutions. Read More »
Get ready for one of the best Cisco Lives yet! A good number of attendees hail from industrial sectors such as heavy industrial/equipment, automotive, materials and mining, and consumer packaged goods (CPG), and they can look forward to some engaging activities not to be missed!
These industrial companies are wrestling with business challenges such as reducing costs, speeding time to market and improving production up-time. How does Cisco play in the industrial space you ask? What solutions do we provide for positively transforming operational plant networking environments? How does Cisco address real manufacturing Industry Care-abouts? Come to Cisco Live to find out. Hear John Chambers tell you more about this year’s event in the video below, then read on!
John T. Chambers, Chairman and Chief Executive Officer, Cisco Systems Inc., welcomes you to Cisco Live in Orlando
Whether you’re in IT or production and controls, Cisco Live will give you a unique opportunity to gain hands-on insights to how Cisco can help you with these challenges and help positively transform operations for your plant networking environment for the better.
Chet Namboodri -- Cisco Managing Director, Manufacturing Industry
Here’s just a snapshot of what you can see for your industry:
Chet will be talking about industrial solutions for manufacturers and their suppliers and partners all who want transparent integration and secure real-time visibility between business networks (information technology) and control and automation systems (operational technology). Amongst them are “Smart Solutions” which provide open-standard, IP-based communication and control to reduce costs, improve up-time, increase asset utilization, and lock-down on end-to-end security.
I was fortunate enough to lead the Cisco team that looked at consumer experiences in the automotive industry, and the results were eye-opening. For those of you that didn’t know, the study surveyed more than 1,500 consumers across 10 countries. The global report examined consumer preferences of technology used when buying and driving an automobile. Consumers also identified preference for car dealers/manufacturers to provide a more personal driving experience, and their trust in future automotive innovation.
Some pretty interesting results emerged. Prior to purchasing a vehicle, consumers prefer to begin their process online. That’s not too surprising to most of us, since you’re reading this blog online right now, so you yourself are fairly comfortable with online research, I assume! But many had issues trusting the information on the manufacturers’ web sites.
Most consumers begin their car purchasing process online: 83% of global consumers prefer to research online for information on a car, versus only 17% of consumers that prefer to call or go to dealership.
We were also educated on what mattered most to consumers. Consumers desire a more automated way to track car gas and maintenance costs:
Impact of gas prices on customer experience:52% of consumers want to track gas prices from a vehicle. Gas-price tracking was the highest priority, compared to 46% of consumers wanting to track insurance prices, 35% wanting to track roadside assistance availability, and 32% wanted to track recall information.
That was a little different to how folks wearing a manufacturing hat actually thought. Most manufacturing executives (57%) thought that auto manufacturer information is most important for consumers to track!
Consumers are also more willing to trade personal information for customization, security and savings:
More Personal Security and Customized Cars: 60% would provide biometric information such as fingerprints and DNA samples in return for personalized security or car security. 65% would share personal information such as height/weight, driving habits, entertainment preferences if this allowed a more customized vehicle and driving experience.
“The survey shows consumers’ comfort with technology and need for immediate information whether they are researching, buying, driving or servicing their vehicle. While consumers in diverse parts of the world may expect very different experiences, their technology demand is more positive than many manufacturers imagine. Many consumers are just waiting for manufacturers to respond with better car buying, driving and service experiences augmented by technology.”
The 2012 Paris motor show just closed its doors – and, with more than 1.2 million visitors, was once again the world’s largest automotive gathering. More than 100 new car models were released – from mainstream bread-and-butter vehicles such as Renault’s new “Clio” or VW’s 7th generation “Golf” to high-end sports cars as Jaguar’s “F-Type” or McLaren’s “P1”. BMW presented its first ever van – featured as “Active Sports Tourer” – with front-wheel drive and 3-cylinder hybrid engine. Porsche unveiled a new version of its “Panamera” – essentially a station wagon, which Porsche marketing dubs “SportTurismo”. There were small SUV’s, large SUV’s, cross-overs, parallel hybrids, plug-in hybrids, all-electric vehicles, light-weight innovations and myriads of new electronics-based offerings such as lane-departure warning systems, in-car wifi hotspots, cloud-infotainment solutions.
So the auto industry seems to be truly on fire, its innovation engine hitting on all cylinders. Yet economic reality looks very different.