The early days of the Internet were a heady time of reimagining, rethinking, and, in effect, “e-enabling” a staggering range of business processes. Today, we stand on the cusp of an equally momentous paradigm shift driven by an explosion in connectivity—not just among devices, but also encompassing people, process, data, and “things.” This next-generation digital revolution will upend entrenched mind-sets and disrupt existing business strategies on a nearly unprecedented scale, transforming, yet again, the customer experience.
As I shared in Part 1 of my blog, the Cisco Internet Business Solutions Group projects that the Internet of Everything (IoE) economy will generate $14.4 trillion in Value at Stake for private-sector companies globally over the next decade. Nearly 26 percent of this total — $3.7 trillion — will be tied to IoE-driven customer experience advances. Read More »
Tags: Big Data, Cisco, customer experience, design thinking, IBSG, Internet of Everything, IoE, Personalization, Problem solving
It has long been known that a combination of both formal and informal learning is an effective way of turning theory (explicit knowledge) into practice (tacit knowledge). This includes working and learning alongside more experienced people, both online and face-to-face.
The nature of learning is changing, and new learning technologies are proliferating. Additionally, there is compelling evidence that suggests many learners can benefit from alternative models and novel spaces for developing their skills and gaining further knowledge. Couple this with the increase in distance and virtual learning offerings—which offer little opportunity for face-to-face contact for both formal learning and networking—and a significant need for additional learner support begins to emerge.
This need is also being driven by our busy lifestyles: learners may not always have time to study at their chosen institution or study center; entrepreneurs and startups may need access to temporary experts and more formal learning opportunities; and learners and workers may need more than just online support from time to time. Sometimes learners want a place to study away from the distractions of home or work, or they may need an informal learning place to engage with peers and mentors.
“Learning hubs” may be the solution. Learning hubs are technology-enabled, flexible, formal and informal learning spaces designed to support learners of all ages. As opposed to study centers or traditional classrooms, learning hubs:
- Are purpose-built to accommodate more than just tutorial instructions and seminars
- Serve as a space for temporary or prearranged meetings and discussions with peers
- Enable students to meet with experts and mentors virtually or to join a class remotely (from one or more hubs) via high-definition video-conferencing or telepresence facilities
Learning hubs can be located in Smart Work Centers, university and school campuses with spare real estate, community centers, and other places. Or, they can be “pop-up” hubs—physical spaces connected through high-end video-conferencing technology to enable city-to-city and multicity events—that meet specific, short-term needs. Dialogue Café is one example of a pop-up hub. Other types of hubs are shown in Figure 1.
Figure 1. Potential Learning Hub Locations.
Source: Cisco IBSG, 2013
A more detailed perspective from Cisco IBSG on learning hubs—including existing hubs and those in development—is available for download at “Learning Hubs: Where Learning Takes Place in a Digital World.”
Tags: Cisco, collaboration, connected learning, distance learning, IBSG, learning futures, learning hubs, Smart Work Centers, Smart+Connected Communities, TelePresence, Virtual Classroom, Work-Life Innovation
My colleague Norm Jacknis (former CIO of Westchester County, New York) passed along a list of CIO concerns for 2013 that was prepared by Alan Shark of Public Technology Institute, a nonprofit that provides technology guidance to local government. The list for cities and counties included:
1. Big Data (Smart City)
3. GIS as centerpiece for strategic decision making
4. Mobility and broadband deployment
5. Cyber and network security
6. Cloud-based solutions
7. Legacy/modernization, RFP
8. Unified citizen engagement (311, social media)
9. Consumerization of technology (BYOD)
10. Shared services (across all jurisdictions)
What would you add or subtract?
I’d want to expand on a few of these items to include another emerging issue for CIOs and other government leaders: getting cities to embrace cloud and networking tools – while moving their urban economies forward.
Well, there’s good news to report on that overarching concern. There are several opportunities to learn more about how cities can embrace technology for economic growth:
These forums, and others, can provide essential context and information for governments looking to take charge of their economic development by harnessing technology and cloud capabilities – but as an enhancement to local wares (such as raw materials or railroads) that remain the backbone of cities and metropolitan areas. ICT has systematically increased productivity and supported economic growth across both developed and developing countries.
Connecting this railroad to a multisystem cloud network would allow it to transmit data to people and other machines, becoming observable, controllable, automated, and secure – and all achieved remotely, via cloud management.
Comprehensive digital network infrastructure can connect companies and people, increase productivity, and, perhaps most important, may be cheaper and more efficient than conventional, massive infrastructure, such as new roads. The great thing about ICT is that it breeds innovation. An investment in the network doesn’t just improve the public sector – the positive impacts spill over into education, healthcare, security, and so many other realms.
As the world becomes more connected, we are witnessing the emergence of “Big Data.” These are the mountains of data coming out of all these digital interactions, which can then be collected, sifted, mined, and analyzed to provide “raw” data material for new inventions across many industries.
The Internet of Things is already here. As more and more objects become connected to one another, they produce huge amounts of data. This information can be collected and analyzed to allow people to make better, more informed decisions. Sources: Cisco IBSG, 2006–2011; Cisco VNI, June 2011; Technorati; Radicati Group; IDC; The Economist; Apple; InformationWeek.
A transition to a more connected world is difficult. It profoundly affects everyone by challenging the status quo and creating exposure to new complex risks. But incorporating ICT into local governments and communities also offers the possibility of transforming the public sector, changing the role of government, and enabling citizens to be more actively involved in shaping their community. And ultimately, people need to be successful enough to generate taxes, create jobs, and generally contribute to a prosperous economy. I firmly believe that ICT and the cloud network can help accomplish this. What are your thoughts?
And stay tuned to the Cisco Government blog for the next installment of the cloud for local government blog series or click here to register and reserve your copy of the complete compilation of the blog series, including this blog as well as a variety of cloud resources, which will be available in May
Tags: #economic growth, Big Data, CIO, CIO concerns, Cisco, cloud, cloud infrastructure, Cloud Management, economy, government, IBSG, ICT, Information and Communications Technology, network, network infrastructure, Smart City, urban economy
In the midst of tremendous disruption, it is impossible to tell where the global media industry is ultimately heading. But a recent analysis from the Cisco Internet Business Solutions Group (IBSG) explores four possible future scenarios for the media industry. While they do not “predict” the future, the scenarios help build our understanding of possible outcomes — and how various industry players could be affected.
The Shape of Things To Come: Four Scenarios
We explored the ways certain industry developments could swing future outcomes. Combining these drivers into logical groupings (consumer behavior, regulatory requirements, technology, and macroeconomic conditions), we were able to define the following four scenarios, as shown in Figure 1. These scenarios are differentiated by consumer demand, industry structure, and content supply:
- Dark Ages — low demand, consolidated industry, and relatively low content supply
- Survival of the Fittest — low demand, fragmented industry, and high content supply
- Golden Age of Content — high demand, consolidated industry, and controlled content supply
- Wonderland — high demand, fragmented industry, and high content supply
Obviously, each of the scenarios will have different winners and losers. The financial impact and the implications for players across the industry value chain will substantially change by scenario. And in each scenario, distributors and infrastructure providers will need to consider different types of investments. Consequently, each type of player will need to adapt its competitive responses to the future scenario taking shape.
Figure 1. Four Future Scenarios Are Based on Various Groupings of Industry Drivers.
Source: Cisco IBSG, 2013
Following are examples of how two future scenarios could play out: Read More »
Tags: broadband, Cisco, cloud, cloud services, content, IBSG, infrastructure, media, media industry, monetization, over-the-top, regulatory requirements, service providers, video
Banks, for the most part, have realized the importance of mobile as a channel. Across the globe, empowered executives are being appointed to head up digital channel programs. Their primary mission: define and implement the mobile banking channel and seamlessly integrate it with the other major digital channels—online banking.
For the most part, they have focused their strategies on ”forklifting” online banking features to mobile without worrying much about mobile payments. However, the new reality of channel migration is a bit more complicated: the merger of virtual and digital channels in this new age of ”omnichannel banking” is bringing digital channels into bank branches, customer homes, and places of business, and transforming the world of payments and commerce.
So, how is the omnichannel reality affecting the world of payments, and why should banks care (aside from the fact that payments-related revenues can account for up to 25 percent of total retail banking revenues)?
Most of us are familiar with mobile apps that allow us, when in a retail store, to scan a product bar code, access online reviews, and potentially buy the product from Amazon.com (or a nearby retailer) at a discounted price. This capability is the new reality (and challenge) of omnichannel in the retail world. Such changes, however, will not end here: imagine receiving offers, digital coupons, credit card loyalty points, and more on your cell phone so that you can seamlessly apply them to your purchases when paying with your mobile device upon checkout (at the physical store or online).
The promise of connecting mobile payments and commerce through new capabilities embedded in the mobile wallet is real, and several mobile-wallet providers have emerged, including a number of non-financial-services players (telcos, tech companies, retailers, and others). Read More »
Tags: Cisco, digital banking, digital channels, e-commerce, IBSG, mobile banking, mobile payments, omnichannel, omnichannel banking, omnichannel branch, online banking, payments, social payments