Sooner or later we all feel like throwing up our hands and cursing the complexity of modern life. But while technology may seem the chief culprit in making things unmanageable, it is also the ultimate solution to complexity.
In the Internet of Everything (IoE) era, it is particularly important for business leaders to understand the power of technology to simplify our lives and support informed decision making. And this was a core theme at Sapphire Now 2014, an event in Orlando, Fla., that I was privileged to attend last week.
By using network technology to integrate people, process, data, and things, IoE counters complexity in unprecedented ways. In a city, this can involve something as simple as cutting the time it takes to find a (connected) parking space. Or IoE technologies can scale up to reroute traffic lights; for example, to head-off highway backups before, during, and after a large event.
In a brick-and-mortar retail setting (a key area of discussion at Sapphire Now), IoE can alleviate the complexity of managing customers, staffing, and products. With data from multiple sources comes heightened, real-time awareness, empowering managers to react faster than ever. For example, they can then stock shelves and reorganize staff in response to constantly changing levels of demand. With predictive analytics they can even respond before a customer rush begins.
The idea of hyper-aware, real-time decision-making resonated during a Sapphire Now panel discussion titled Thrive in the Digital Networks of the New Economy. I was honored to share the panel with such luminaries as Erik Brynjolfsson of MIT; Michael Chui of McKinsey Global Institute; and Jai Shekhawat, Deepak Krishnamurthy, and Vivek Bapat of SAP. And there was much discussion on the impact of bad decisions on failed organizations. Which is why we all take such an interest in technology that enables good ones.
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Tags: asset utilization, Big Data, Cisco, Cisco Consulting Services, connected supply chain, customer experience, decision making, employee productivity, innovation, Internet of Everything, internet of things, IoE, IoE Value Index, IoT, Manufacturing, retail, Smart Cities, supply chain, value at stake
In a typical week, I spend about 70 percent of my waking hours on work-related matters. Another 50 percent is devoted to my family. Which leaves 20 percent for taking care of the household, and ….
Yes, that adds up to more that 100 percent. But there simply aren’t enough hours in a day for all that needs to be done — not to mention protecting that crucial time with loved ones.
So, thank you, multitasking! I can’t be the only one who has held a child while writing emails, taken conference calls from the supermarket, or had several online meetings running simultaneously.
All of this occurred to me as I struggled to find time for this blog. Writing forces me to shut off everything around me and reflect on the things that really matter — in a world that is rapidly changing, increasingly complex, and in which technology can sometimes seem a mixed blessing. When I do finally carve out an opportunity to write, it is precious time, which I cherish.
But writing is hard. Trust me, I’ve thought about creating a blog for years, and my past is riddled with failed attempts to start. Each time, I hesitated for too long, wondering whether people would really want to hear what I have to say. Like many writers, I have wondered if my compositions were too long, too short, too personal, too corporate, too banal, too deep ….
But as much as I appreciate your attention, dear reader, this time around I realize that I am writing the blog for me, the writer. Like many of us, I navigate a harried, high-pressure life. And this blog is my time, my space, to do something creative and expressive.
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Tags: Big Data, Cisco Consulting Services, connected retail, Internet of Everything, Smart Cities
In this week’s episode, Robert Novak (@gallifreyan) and Steve McQuerry (@smcquerry) talk about Big Data on UCS. Real world use cases including UCS Manager, UCS Central, and more.
Big Data, Big Unicorn, courtesy of Robert Novak and Steve McQuerry
This is Engineers Unplugged, where technologists talk to each other the way they know best, with a whiteboard. The rules are simple:
- Episodes will publish weekly (or as close to it as we can manage)
- Subscribe to the podcast here: engineersunplugged.com
- Follow the #engineersunplugged conversation on Twitter
- Submit ideas for episodes or volunteer to appear by Tweeting to @CommsNinja
- Practice drawing unicorns
Join the behind the scenes by liking Engineers Unplugged on Facebook.
Tags: Big Data, Cisco UCS, Hadoop, UCS Central, UCS Manager
Historical data is now an essential tool for businesses as they struggle to meet increasingly stringent regulatory requirements, manage risk and perform predictive analytics that help improve business outcomes. While recent data is readily accessible in operational systems and some summarized historical data available in the data warehouse, the traditional practice of archiving older, detail-level data on tape makes analysis of that data challenging, if not impossible.
Active Archiving Uses Hadoop Instead of Tape
What if the historical data on tape was loaded into a similar low cost, yet accessible, storage option, such as Hadoop? And then data virtualization applied to access and combine this data along with the operational and data warehouse data, in essence intelligently partitioning data access across hot, warm and cold storage options. Would it work?
Yes it would! And in fact does every day at one of our largest global banking customers. Here’s how:
Adding Historical Data Reduces Risk
The bank uses complex analytics to measure risk exposure in their fixed income trading business by industry, region, credit rating and other parameters. To reduce risk, while making more profitable credit and bond derivative trading decisions, the bank wanted to identify risk trends using five years of fixed income market data rather than the one month (400 million records) they currently stored on line. This longer time frame would allow them to better evaluate trends, and use that information to build a solid foundation for smarter, lower-risk trading decisions.
As a first step, the bank installed Hadoop and loaded five years of historical data that had previously been archived using tape. Next they installed Cisco Data Virtualization to integrate the data sets, providing a common SQL access approach that made it easy for the analysts to integrate the data. Third the analysts extended their risk management analytics to cover five years. Up and running in just a few months, the bank was able to use this long term data to better manage fixed income trading risk.
Tags: Archiving, Big Data, Cisco Data virtualization, data integration, Hadoop, Historical Data
Are your Master Builders free to create? Are your Ordinary Builders helping them to execute? And more to the point, are you acting like the evil President Business, hindering innovation, placing talent in silos, and keeping your organization frozen in the past?
If so, you may find an unlikely role model in Emmet Brickowski.
OK, Emmet may be an animated character made of plastic blocks, but don’t dismiss him so easily. If you are a manager looking to ensure your team is the best it can be, you may want to check out Emmet’s starring role in “The LEGO Movie.” I believe there is deep wisdom in what this little character has to say.
One of the key themes of the film is that many organizations adhere too strongly to their legacy traditions. Though such traditions may have served them well in the past, they can also sow stagnation and put a brake on agility and adaptability. This is especially true in the Internet of Everything (IoE) era, as a massive wave of network connectivity and innovation upends organizations, business models, and entire industries. In the process, longstanding assumptions around strategy and success are falling by the wayside.
Emmet lives in a world run by President Business, the head of a successful corporation that fears any change to the status quo. President Business will even resort to supergluing LEGO pieces to keep them in their rightful places. President Business divides the world into two kinds of people: Ordinary Builders and Master Builders. He rewards Ordinary Builders who follow the rules, building from their LEGO Kits; he disapproves of the “anarchic” creativity of the Master Builders, who like to improvise from a pile of blocks, and he is determined to capture all of them.
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Tags: Big Data, Cisco, Cisco Consulting Services, collaboration, Internet of Everything, IoE, management, talent