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Using the Cloud To Adapt and Thrive in a Rapidly Shifting Financial Marketplace

Lower margins resulting from both the commoditization of transaction economics and the high cost of supporting IT-intensive infrastructures are putting tremendous pressure on financial-market companies. This is causing many firms to rethink their business models to create new revenue streams—and reduce costs—across traditional functions such as pre-trade analytics, risk management, and post-trade reconciliation. These functions are now seen as critical business processes that can be “shifted and lifted” into a cloud-enabled service delivery model.

Key enablers of success will include the development of new cloud operating models and strategic sourcing capabilities delivered via networked services. This will provide financial-market companies with greater business agility, and a path for effectively shedding capital-intensive assets from balance sheets for re-investment in new innovations and for producing positive company valuations.

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Will Wi-Fi Be the Death of Mobile?

In 97 countries around the world, there are now more mobile devices than people. No wonder mobile networks are clogged with massive amounts of new traffic! Mobile operators are struggling with how to provide the mobile broadband experience customers expect, in a cost-effective, scalable, and profitable manner. I believe that Wi-Fi, the “silent sleeper” of wireless access networks, may hold the answer.
The mobile industry is on the brink of a fundamental change. Just think of some recent key developments:

  • There has been massive growth in Wi-Fi-enabled smartphones, tablets, cameras, and game consoles—and nearly half of network traffic growth is Wi-Fi.
  • The number of Wi-Fi access points is also exploding, with more and more free public access.
  • At the same time, economic modeling by Cisco IBSG shows that mobile operators can reduce costs and improve customer experience by offloading mobile data to Wi-Fi networks. Read More »

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Cloud-Based Services Infrastructure Transforms Busan Metropolitan City

The need for cities to balance social, economic, and environmental resources is becoming increasingly critical. Cities, however, now have an opportunity to use the network as the platform for visualizing and modeling urban infrastructure to provide innovative urban services and manage urban sustainability. Using the network as the fourth utility (in addition to electricity, water, and natural gas), cities can integrate multiple systems to deliver on-demand services over an Internet-enabled cloud infrastructure supported by open innovation.

Busan Metropolitan City is one example of a city poised for Smart City development. Busan is South Korea’s second-largest metropolis and home to the fifth-largest port in the world. It also boasts an established 10GB broadband infrastructure, Busan Information Highway. As the city continues to grow, it faces the same environmental, economic, and social issues as other metropolitan areas. Because of this, the Busan government is investing in expanding the existing broadband infrastructure to improve urban services and service quality. Read More »

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The Resilient Society: The Next Phase of Public Sector Reform

Public sector decision makers are under enormous pressure to deliver results in difficult and uncertain times. In late 2010 and early 2011, the Cisco Internet Business Solutions Group (IBSG) conducted in-depth interviews with more than 100 senior public sector executives from around the world—at the city, regional, and national levels. Responses from these officials were remarkably consistent regarding the key challenges they face in a world undergoing significant economic, political, environmental, and social transitions.

Some of these public leaders expressed concerns about their organizations’ capacity to respond to new policy and service demands, budget reductions, and the need to engage new technology platforms for innovation and service delivery. Other challenges related to the public sector’s ability to help cities, regions, and countries navigate the current uncertain and volatile environment.   Read More »

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Creating More Sustainable and Innovative Cities, Regions, and Nations

Post by Gordon Feller, Director, Urban Innovations, Cisco Internet Business Solutions Group

Perhaps more than ever before, public sector leaders are concerned about their organizations’ ability to respond to new policy and service demands, budget reductions, and the need to engage new technology platforms for innovation and service delivery.

This scenario is further complicated by today’s uncertain and volatile socioeconomic environment, and by the growing imperative to make sense of the complex interplays that link natural ecosystems with the infrastructures that move our energy, people, goods, waste, and water.

Resilence has become priority No. 1 for the public sector—both in terms of coping with unexpected shocks (economic, natural, environmental), and in having the agility and capacity to anticipate and address the risks and opportunities that accompany big transitions and socioeconomic changes.

These challenges and opportunities are major themes at this week’s Meeting of the Minds 2011 conference in Boulder, CO (September 22-23). Presented by Toyota, with global co-sponsorship by Philips, Deutsche Bank, and Cisco, Meeting of the Minds allows participants from the public, NGO, and private sectors to engage in lively discussions on how to “connect the dots” across key sectors: mobility, building systems, energy and water resources, and finance.

More than 200 leaders from a dozen countries will explore a rich variety of smart design, planning, policy, and technology innovations that enable cities, regions, and nations to respond to increasingly difficult challenges.

As a global sponsor of Meeting of the Minds 2011, Cisco and its global consultancy, the Internet Business Solutions Group (IBSG), have helped shape the conference agenda and will present recent thought leadership on topics including “The Resilient Society,” Urban Innovation, Connected Vehicles, and Work-Life Innovation.

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