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
There is a new generation of college students out there, I would know as I recently was one of them. Information being at your fingertips is no longer a luxury, it is a necessity. Professors’ expectations of their students have increased dramatically due to the wealth of information on mobile devices. Every class I attended leveraged some form of wireless access to the web. Instant message in response to real-time questions and online submissions are just two of many examples of how network access has been integrated into the education system. Professors would consistently use online tools such as online drop boxes for projects and web conferencing tools. According to MarketWire 92% of college students feel a laptop is a necessity, this indicates that the requirement of mobile access at a university is a given and the college experience is defined by the ease of that access.
Professors are on tight schedules and are generally available only at certain times of the day. Imagine- wanting to contact a professor during open hours only to fall short because your laptop had difficulty getting any kind of connection. I remember the frustrations of wanting to revisit PowerPoint presentations on a class website in the library, only to realize that I was sitting by the one window notorious for being a wireless dead zone. Dorms were infamous for spotty coverage. Having the dorm room located closest to the access point for best access was purely by luck of the draw. I was not so lucky. In my dorm, you would not get any wireless access unless you were sitting right next to the hallway. That’s why I am especially envious of the students of Colorado University, whose alma mater upgraded to enterprise-class coverage.
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Tags: 802.11n, Borderless Networks, Bring your Own Device (BYOD), byod, cellphone, Cisco, Cisco Catalyst 6500, Cisco CleanAir, cleanair, college, colorado, controller, education, laptop, mobility, preparing students for the future, professor, scale as you grow model, security, student, system, tablet, Tablets, teacher, university, wireless, wireless access point, WiSM2
New media and collaboration technologies have the potential to transform higher education in terms of the classroom, the learning process, the relationship between students and instructors, and how institutions conduct academic research. While much of the industry discussion revolves around use of consumer tools and social network sites like Facebook and Twitter and LinkedIn, Cisco’s educational customers also see tremendous opportunity to increase student engagement and drive their own institutional strategies with “enterprise class” social software as well.
Since Cisco first announced Quad, we have had conversations with dozens of colleges and universities regarding the role enterprise social software and Cisco Quad can play in transforming education. Cisco Quad is an enterprise collaboration platform that brings people together to share ideas and content, collaborate on projects, and interact using chat, voice or video, regardless of where people are located.
Below, we’ve outlined four ways in which educational institutions are telling us enterprise social software is helping, or can transform the way learning, research, and academic advisement is crafted, delivered and consumed:
1. The 24/7 interactive classroom: Instructors often struggle to deliver a collaborative environment for their students that is secure and supports multiple access methods such as mobile. Technology like Quad can enable students to interact in a secure, policy-based manner that extends the classroom conversation beyond physical walls. Courses partially or wholly targeted at off-campus students can similarly benefit from enhancing the class-like experience for remote students. For example, at Duke University’s Fuqua School of Business, the cross country MBA students based in the US, England, India and other countries are using Quad to create virtual working groups, find people with common interests, share files or videos with other students working on similar projects and instantly start video conferences or chat sessions. Quad provides students with the ability to interact, ask questions and share ideas with professors/faculty/tutorial assistants anytime, as opposed to only during fixed faculty office hours. It can also drive improved accountability on team projects, as content and comments are tracked in activity feeds and in project communities by both participating students and faculty leads.
2. Serendipitous Research: Quad contains several features, such as an activity feed that compiles microblog posts from students and staff and allows a snapshot view of a person’s current activities. These dynamic updating functionalities can facilitate broader cross-departmental collaboration, for students and researchers alike. Security features ensure that research that needs to be confidential is shared in a secure and safe manner. As researchers update their statuses with exciting discoveries or frustrating problems, or create posts, upload videos or otherwise document their work, this content becomes accessible to hundreds of fellow university researchers through activity feeds and searches, making it possible for providential inter-disciplinary connections to be made and new insights to be generated. Read More »
Tags: 2012, chat, Cisco collaboration, Cisco Education, Cisco Quad, Cisco Unified Communications., collaboration, college, consumer, Duke University, edtech, education, edutech, enterprise collaboration, facebook, Fuqua School of Business, happy holidays, happy new year, higher education, highered, IM, linkedin, MBA, microblog, quad, social, social media, social networking, twitter, video, Voice, voice over IP
It seems like only a year ago when I stepped in the Cisco office as a new hire fresh out of college. Oh wait, it was just a year ago when all this happened. Time flies when work is never dull and learning seems never-ending. I can go on and on about all the lessons I learned, awesome projects I got to witness and work on, the supportive team I work with, etcetera etcetera. Instead of writing a 365-page book documenting my adventures at Cisco (a page a day is an underestimation by the way), I’ll summarize the top three things I learned at Cisco.
1. Don’t be afraid to make your ideas heard:
I don’t know about you, but when I first started, approaching a colleague, manager, or director with a new idea seemed more intimidating than jumping off an airplane 5,000 feet above the ground in a sky diving lesson. Mind you, I have a serious case of acrophobia (read: fear of heights). When you’re new, everyone else is more senior than you, has more experience under the belt, knows more about the ins and outs of Cisco, and need I say more? The idea of bringing a new idea to the table seems almost ridiculous.
“Someone must have come up with the idea before.”
“What if they say no?” Read More »
Tags: Cisco, college, new hire, thankful, thanks, work life balance, working at cisco
Today, we’re featuring a guest post from Eric Schoch, senior director for hosted collaboration in Cisco’s Collaboration organization. Eric is responsible for hosted and “as a service” solutions, strategic pricing and licensing, and business development.
There is simply no denying the increasing importance of being connected. Generation Y in particular, who grew up with mobile devices affixed almost permanently to their hands, views connectivity as one of life’s fundamental resources.
The newest addition to the workforce considers their mobile devices as an essential workplace tool to managing their workload and connecting with their colleagues on the go. While sitting in a meeting or having lunch in the break room, you can almost visualize the text bubbles hovering over crowds of this generation of workers as fingers hammer away at phones and tablets, eyes glued to the shiny screens in their hands. BYOD
But this trend goes far beyond lunch hours and happy hours. As proven by Chapter Two of the 2011 Cisco Connected World Technology Report, the next-generation workforce is demanding flexibility in their choice of devices in both the workplace and remote-work options, illustrating the importance of the Internet in workforce culture. Social media freedom, device flexibility, and work mobility, in the case of 30% of the study’s respondents, are more important when accepting a job than a higher salary.
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Tags: byod, Cisco, Cisco Connected World Technology Report, cloud, collaboration, collaboration summit, college, facebook, hosted collaboration, HR, millennials, mobility, newspapers, routing, security, survey, switching, tablet, twitter, unified communications, wireless, workforce, workspace