As a father of future college students, I’m excited that Cisco’s announcement yesterday about the Internet of Everything (IoE) Economy may finally transform college education to provide graduates with the real-world skills needed by businesses today — and tomorrow.
Before I jump too far ahead, let me explain what Cisco announced. Cisco estimates that there are currently about 20 billion things connected to the Internet, yet more than 99 percent of physical “things” remain unconnected. Obviously, there is a huge opportunity to connect the unconnected. IoE aims to do just that by adding people, process, and data to the things that are connected to the Internet, such as devices, sensors, and machines.
To help businesses understand how to benefit from IoE, Cisco IBSG’s Economics Practice calculated the amount of Value at Stake in the IoE Economy. Value at Stake is defined as the value that will either be newly created or will migrate between lagging companies and industries to the leaders over the next 10 years based on their ability to harness IoE. We did this by taking a bottom-up approach of selecting and analyzing 21 industry-specific and cross-industry use cases, including the one I’m discussing here: connected private college education.
From this analysis, the team determined that there is $14.4 trillion of Value at Stake in the Internet of Everything Economy over the next decade. The five main drivers of this Value at Stake are:
1. Lower costs from improved asset utilization ($2.5 trillion)
2. Greater efficiencies from improved employee productivity ($2.5 trillion)
3. Less waste from supply-chain and logistics efficiencies ($2.7 trillion)
4. Greater lifetime customer value from improved customer experiences ($3.7 trillion)
5. Increased return on investment (ROI) and new revenue from faster innovation ($3.0 trillion)
So, how much of this value comes from improved education? Read More »
Tags: $14.4 trillion, Apollo Group, Cisco, college, connecting the unconnected, education, higher education, IBSG, Internet of Everything, IoE, IoE Economy, Kaplan University, private college education, Strayer Education, value at stake
As the Director of SMB Sales within Cisco’s Worldwide Partner Led Organization, I get a first-hand view of Cisco’s role in the SMB space. Each month, I’ll share my thoughts on Cisco’s SMB strategy and give you a glimpse into some of the changes that are ahead for Cisco and its partners selling into this hugely important market.
SMB will represent a $25 billion market by 2016, and these customers Read More »
Tags: Cisco, partner, smb, strategy
On February 14th, it’s hard to keep your mind focused on work. If you’re like me, you were wondering if the flowers, candy, and teddy bear you ordered would get delivered to your wife on time, or if the butcher would have any steaks left by the time you made it to the market after work. Frankly the last thing on my mind was the possibilities enabled when we connect people, processes, data and things, also known as the Internet of Everything (#IoE).
This Valentine’s Day, Cisco’s Social Media Marketing team leveraged a broadly engaging topic that very few people would associate with the Internet of Everything through real-time marketing. Read More »
Tags: Cisco, content marketing, Internet of Everything, IoE, Real-time Marketing, social media, social media listening, Tomorrow Starts Here, Valentine's Day
There’s been a lot of buzz around our recent Cisco Unified Access Solution announcement. We understand there is also some confusion around what’s what, what’s required for Unified Access, and what the impact will be on IT.
In true Mythbuster fashion, let’s all discover why no myth is safe – through a 5-part series of posts. Yesterday in Part 1, we debunked the myth that a move to Cisco Unified Access solution requires the complete replacement of the existing access switch infrastructure.
Myth 2: The Cisco Unified Access Solution will negatively impact network and application performance.
False. The release of the Cisco Catalyst 3850 delivers industry-leading performance with up to 40Gbps. wireless throughput per switch for industry leading 160Gbps in a four member stack. For wireless-only deployments the Cisco 5760 Wireless LAN controller delivers the industry’s highest performance in a 1RU controller with 60Gbps. throughput.
Read More »
Tags: Cisco, controller, LAN, network, networking, solution, switch, technology, unified access, WAN, wi-fi, wifi, wireless, wlan
Today’s always-on, connected lifestyles and business practices have reached new levels according to the Cisco Visual Networking Index Global Mobile Data Traffic Forecast for 2012 to 2017. In fact, in the next five years, worldwide mobile data traffic is predicted to increase 13-fold, with global mobile data traffic growing 70 percent in 2012.
hWith customers on all seven continents, Cisco provides essential Internet networking platforms that enable these connected experiences, and we embrace our profound responsibility to deliver innovative networking solutions that also minimize energy consumption and environmental impact.
So it is with great pride for Cisco to receive AT&T’s 2012 Supplier Sustainability Award in Energy Efficiency, which recognizes outstanding contributions in energy efficiency, environment, greenhouse gas emissions, and water use. These are topics of critical importance to both our business operations and the environment.
hSmartphones and other connected technologies have increased data traffic on AT&T’s networks by 20,000 percent between 2007 and 2011. Cisco’s Cisco Carrier Routing System is helping AT&T meet growing data demands while also staying on track to meet its goal of reducing electricity intensity 60 percent by 2014, over a 2008 baseline.
Cisco has received top rankings for its environmental sustainability efforts including being included in the Carbon Disclosure Project Carbon Disclosure Leadership Index for five consecutive years (2008-2012) and being ranked second in Greenpeace’s Cool IT Challenge in 2012. Cisco has also been recognized by Corporate Knights, Forbes Magazine, and Interbrand for its commitment to sustainability.
Cisco recently announced that it had achieved its greenhouse gas emissions (GHG) reduction goal in 2012 and set a new target of cutting GHG emissions worldwide by 40% absolute by FY2017.
Congratulations to the Cisco service provider engineering team and the entire Cisco engineering organization for this achievement and its continued efforts maintaining this critical balance for our customers and partners.
Additional details regarding Cisco’s commitment to energy efficiency can be found on our Cisco Corporate Social Responsibility Web page and in our 2012 Corporate Social Responsibility Report.
Tags: AT&T, AT&T Supplier Sustainability Award, Cisco, Cisco Carrier Routing System, Cisco CRS, data traffic, Surya Panditi, Sustainability, Tim Harden