This week, I had the opportunity to focus on digital business as an attendee and presenter at Gartner’s ITxpo in Orlando, Fla. It was a sold out crowd with 8,500 attendees and approximately 2,700 CIOs. And one insight that seemed to resonate with the audience was Gartner’s belief that by 2018, digital business will require 50 percent fewer business process workers and 500 percent more key digital business jobs.
At the ITxpo discussing how the Internet of Everything enables the transition to Gartner’s All Things Digital
We already live in a world that is rapidly connecting people, process, data, and things in ways that were unimaginable just a few years ago. I believe that IoE is a key driver of this transition and a fundamental stepping stone to making “All Things Digital.”
Gartner defines All Things Digital as “blurring the physical and digital worlds to create new business designs.” Interestingly, Gartner focuses on people, business, and things, but omits process. Gartner’s view is that process will happen dynamically and be measured in not months or weeks, but nanoseconds. While this is a true statement, it reflects the end goal. The key question is, how does an enterprise become digitally enabled?
A first step in transitioning to All Things Digital, is embracing IoE by lighting up “dark assets.” A dark asset is something that is currently not connected to the Internet. A dark asset in itself however, does not create value. ln All Things Digital, connected devices begin to talk with other connected devices. These devices interact with one another dynamically, which in turn creates processes in just nanoseconds. In this environment, IoE allows you to understand what process to focus on and which assets to connect. In other words, IoE is the pathway to Gartner’s All Things Digital. The overarching goal is business outcomes. One retail example is connecting a parking lot to a retail store. In a recent trial, we found that data from parking lot sensors, when analyzed correctly, can predict when checkouts will get busy, so that more cashiers can be deployed. There are many other dark assets in a retail environment that have the potential to increase revenue, lower costs, and grow margins once they are lit up.
Hello, retailers everywhere! My name is Dianne Lamendola, and I am a senior retail practice advisor here at Cisco. My role is to work closely with store operators and merchants to help understand your business and how technology can help you reach critical goals.
I hope you have been following our three-part series of one-hour webcasts that Cisco has been hosting this year on retail analytics. In the store, online, and across data sources, retailers have been increasingly focused on how to gather and analyze the metrics that help provide insights to run a tighter operation and provide a more exciting experience for your shoppers.
On Oct. 22, we’ll wrap up this series with a session on “Technology that Gets Down to Business: Develop Your Action Plan for Retail Analytics Success.” Held at 10:00-11:00 am PT/1:00-2:00 pm ET, this candid discussion lets you learn how to:
With the growing influx of new mobile devices, connected things, bandwidth intensive applications and more data, the network is more relevant to business success than ever before. Back in June of 2012, Cisco saw that we needed to move away from multiple network systems loosely linked together to an agile and simple infrastructure, streamlined policy and centralized management would be needed to support new business demands. We called it Cisco Unified Access and we aligned the solution to three pillars: One Network, One Policy and One Management.
For the last few years, we have focused on delivering new products and functionality under this Unified Access model. Below is a timeline of products released as part of the Unified Access framework. Cisco lead the way in delivering gigabit 802.11ac Wi-Fi., converged wireless control in access switches and through the acquisition of Meraki – a complete cloud-managed network solution.
The timeline above doesn’t represent every feature and function we have delivered, but it shows Cisco’s commitment to this Unified Access model, both from a cloud-managed and on-premise solution perspective.
Today, Cisco is announcing a number of new products and new functionality to existing products that will help mobilize the workforce, secure the business and increase IT agility. The announcement includes the following: Read More »
It is an exciting day for Cisco Data Virtualization, our data integration software that connects all kinds of data from across the network and makes it appear as if it is in one place and in one consolidated view. To see it in action, check out this video on how we replaced Denodo with our own data virtualization technology at Cisco.
Today at Data Virtualization Day, in New York City, I will be joined by customers, partners and industry experts as we launch a major update to our flagship data virtualization platform, Cisco Information Server (CIS). CIS 7.0 will enable IT departments to deliver self-service data access and enable business agility like never before.
My favorite part of Data Virtualization Day is the time I get to spend with our customers and partners, talking about shared successes and upcoming product enhancements. Since joining Cisco through our acquisition of Composite Software in July 2013, data virtualization has been a key piece of our portfolio and is a vital solution to our customers’ challenges brought on by the Internet of Everything (IoE), Cloud and Big Data trends.
Data is exploding now more than ever before. The majority of data is generated automatically by connected devices with up to 50 billion devices expected by the year 2020. The data explosion is the result of the IoE, this hyperconnection of people, process, data, and things that will create new capabilities, richer experiences, and unprecedented economic opportunities for businesses, individuals and countries for those with ‘IoE Ready’ strategies, infrastructure and technical capabilities in place.
Cisco Data Virtualization is a key part of being ‘IoE Ready’ by connecting device data, big data, data in the cloud and traditional enterprise data in new and extraordinary ways. Organizations that tap into this data pool will be able to leverage it strategically to monitor customer sentiment and behaviors; identify market and competitive changes, anticipate market transitions while optimizing performance of assets and operations and achieving the upmost business agility. It will separate the market leaders from the rest of the pack and will turn the challenges of the IoE, Cloud and Big Data into amazing opportunities.
Many organizations are shifting traditional data center environments to cloud data environments in order to optimize data center investment, leading to more hybrid IT environments. Cisco Data Virtualization truly enables a hybrid IT model by helping our customers live in a “world of many clouds” – connecting people, communities and organizations with intelligent networking capabilities that unify resources within and between data centers and across clouds. Now our customers can deploy any hybrid IT mix they desire while retaining the access and insights they require and free from the constraints of traditional data center operations and economics.
With the pace of worldwide data growth accelerating; organizations using innovative methods for storing, accessing and analyzing data will thrive amongst their competition. There has never been a more exciting time in the history of technology, and data virtualization is at the heart of how our customers are gaining a business advantage from all of the new data at their fingertips.
Happy Data Virtualization Day!
To learn more about Cisco Data Virtualization, check out our page.
Finding a molecule with the potential to become a new drug is complicated. It’s time-consuming. Fewer than 10 percent of molecules or compounds discovered are promising enough to enter the development pipeline. And fewer of those ever come to market. At Pfizer, if it were not for data virtualization, it would be even more challenging.
Years of Data, Thousands of Decisions
The pipeline from discovery to licensing occurs in phases over 15-20 years, and few compounds complete the journey. The initial study phase represents a multimillion-dollar investment decision. Each succeeding phase – proof-of-concept study, dose range study, and large-scale population study – represents a magnitude-larger investment and risk than the one before.
Senior management and portfolio managers need to know:
Which projects the company should fund?
Which compounds are meeting Pfizer’s high standards for efficacy and safety?
What are scientists discovering in clinical trials?
Portfolio and project managers routinely make complex tactical decisions such as:
How to allocate scarce R&D resources across different projects?
How to prioritize multiple development scenarios?
What is impact of a clinical trial result on downstream manufacturing?
Before Pfizer adopted Cisco Data Virtualization, getting useful data to answer these questions took weeks or months. Why so long? The problem has several dimensions. First, each phase of development generates massive amounts of data and requires extensive analysis to provide an accurate picture. Second, data comes from Pfizer research scientists all over the world; from physicians; clinical trials; product owners and managers; marketing teams; and hundreds of different back-end systems. Third, the scientific method is based on trial and error, with unpredictable results. Thus no two decisions are alike and therefore the specific data required for each decision is unique.
Data Virtualization Provides the Solution
To support their decision-making needs, Pfizer needed a solution that would allow them to pull all this diverse information together in an agile, ad hoc way. Cisco Data Virtualization – agile data integration software that makes it easy to access and gather relevant data, no matter where data sources reside – provided the solution.
With Cisco Data Virtualization, Pfizer’s research and portfolio data resides in one virtual place and provides “one version of the truth” that is available for everyone to use to address the myriad decisions that arise. Further, by applying virtualization instead of consolidation, infrastructure costs are also reduced.
According to Pfizer, “data virtualization is far less expensive than building specialized data marts to answer questions. With Cisco Data Virtualization, our portfolio teams get answers in hours or days for about one-tenth the cost.”
This data virtualization progress has not gone unnoticed. At Data Virtualization Day 2012, Pfizer was awarded the “Data Virtualization Champion” award for consistently achieving and promoting data virtualization value within the organization and across the industry.
Learn from other leaders in the industry and see who wins this year’s Data Virtualization Leadership Awards at Data Virtualization Day 2014 on October 1. Register now!
To read more about this Pfizer case study click here.
To learn more about Cisco Data Virtualization, check out our page.