Since the “open for submissions” announcement of the Internet of Things Innovation Grand Challenge on April 21st, hundreds of innovators have visited the website and joined the community. More than fifty (50) entries have been submitted from around the world. If you have not checked out the Cisco Internet of Things (IoT) Innovation Grand Challenge, do it now! Read More »
In a constantly changing world, getting the right talent focused on the most pressing challenges is essential — not just for companies, but for service providers, cities, and countries.
Today, the key driver of that rapid change is technology, particularly the explosion in connectivity known as the Internet of Everything (IoE). Cisco predicts that IoE will have connected 50 billion “things” by 2020, compared to 10 billion today. But for all the talk of things, IoE is not just about embedding sensors in shoes, jet engines, refrigerators, and shopping carts. The true opportunity arises when people, process, data, and things are connected in startling new ways.
In such an environment, collaboration is critical. Indeed, IoE-related innovations have the potential to improve and transform our world in profound ways. But no one company can solve these challenges. They will require partnerships and the open sharing of ideas and talent.
Technology companies, in particular, will need to change the ways in which they utilize their talent. For many decades, there was one way to access talent — by hiring it. Today, workforces are flexible and may be spread across time zones and continents. Knowledge workers still contribute as employees on company payrolls, of course. But increasingly, they are just as likely to collaborate on a specific project as partners or as subject-matter experts sharing knowledge within cross-functional or cross-industry groups.
That is why I feel so strongly about a recent out-of-court settlement in Silicon Valley regarding the free flow of talent from one organization to another. Apple, Google, Intel, and Adobe agreed to pay more than $300 million to 64,000 engineers who claimed that the companies’ hiring policies were hindering their career paths and access to higher salaries.
I’m excited to announce that we have deepened our relationship with General Motors. This quarter, as John talked about on our Q3 FY14 earnings call, we closed a first-of-its-kind, multi-year deal to license Cisco’s software portfolio to GM.
This innovative licensing agreement involving all of our software – and hardware, where needed – will give GM greater speed and flexibility to drive business value. So, for example, when GM needs to increase their collaboration solutions across the company they have access to our full suite of products to do that. Going forward, Cisco and GM will continue to partner to deliver on GM’s business goals up to and including the Internet of Everything.
Cisco is proud to work with GM and other large enterprises to help them achieve their goals and overcome their biggest challenges. We realize that every company must now be a technology company and we are thrilled and excited that GM is taking a huge, innovative step with Cisco as a partner to better serve their customers, partners and employees around the world.
The World energy demand will be 41% higher in 2035 with India and China accounting for half the growth.
The development of renewable energy sources ranks as a key responsibility for the top economies in the world. India, as one of the top 5 emitters of greenhouse gasses, has prioritized the development of renewable energy resources.
Read Moreon how this Indian agency deployed a network that promotes energy conservation below.
The Internet of Everything (IoE) is a juggernaut of change, transforming organizations in profound ways. It sows disruption, and it grants enormous opportunities. But this sweeping wave of change is not reserved for what we normally think of as “technology companies.” In the IoE economy, even seemingly “analog” endeavors must be bestowed with network connectivity, no matter how venerable a company’s roots or old its traditions.
In a world where Everyone Is a Tech Company, there are some great examples of older companies that are heeding this new reality. Retail, manufacturing, transportation, and education are just a few of the places where people, process, data, and things are being connected in startling new ways. Companies that are ahead of the IoE transformation curve will ensure their competiveness in marketplaces that are ever more vulnerable to disruption.
Dundee Precious Metalsprovides a great example of a company that is embracing change. A far-flung global organization, the company, for example, runs Europe’s largest mine in Chelopech, Bulgaria, from which it ships gold-rich copper ore to a smelter in Namibia. Yet through IoE-related technologies, executives at the company’s headquarters in Toronto, Canada, have gained unprecedented visibility into all aspects of their operations.
The end result? A boon in safety, efficiency, and productivity.