Back in March, I wrote about Cisco’s continued focus on innovation and my personal goal of accelerating innovation by making openness part of our DNA. Similarly, at the recent Cisco Live event in San Francisco, I talked about the incredible Inertnet of Everything (IoE) journey in front of us and offered a few examples of what that future might hold. The IoE future of hyper-connected devices, people, data and processes will see retail, manufacturing, public services and health care fundamentally changed—and our lives made richer and safer. Today, we stand at the dawn of a revolution, and innovation will continue to lead the way.
With both internal and external programs to feed innovation, Cisco aims to nurture disruptive ideas. In this light, we are using our new startup innovation program, Cisco Entrepreneurs in Residence (EIR), to spur open innovation and drive Cisco’s own leadership position in the emerging IoE opportunity.
The Entrepreneurs in Residence program offers financial support, access to a co-working space, basic software tools and a potential opportunity to collaborate with Cisco product or engineering teams. Each cohort lasts six months, and startups are selected through a rigorous multi-phase selection process that evaluates the viability of their business plans, the strength of their teams and their alignment with Cisco’s strategic focus.
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Tags: chicago, Cisco, ciscoeir, cloud, entrepreneurship, innovation, Internet of Everything, internet of things, Internet of Things World Forum, IoE, IoT, IoTWF, Mala Anand, San Diego, startups, UC Berkeley
Maciej Kranz, VP and GM of Cisco’s Corporate Technology Group, shares his perspective on Dundee Precious Metals and the Internet of Everything
I’ve traveled a great deal around the globe in the last year and am amazed at the interesting things organizations are doing with technology to connect the unconnected. As we enter the next big phase of the Internet – the Internet of Everything (IoE) – no industry can afford to be left behind. Even the industries that existed long before the Internet was even a glimmer on the horizon, such as manufacturing and mining, can realize great value through IoE. Dundee Precious Metals (DPM) is one example. They’re a manufacturing company that has capitalized on the connections between the people, process, data and things that IoE is enabling, transforming one of the world’s most traditional industries in the process.
When DPM set a goal to increase production of their flagship mining operation by 30 percent, their IT team needed to find a way to reach the target without increasing manpower or the number of vehicles.
With the help of the connections from IoE, now Dundee can share important information in real time, such as miners’ locations, equipment updates and data such as the number of buckets filled. This lets their teams troubleshoot as they go, instead of just at the end of a shift, keeping crews better on track to meet daily goals. What’s more, miners and mine managers had limited communication options since their Wi-Fi didn’t function well underground. So they leveraged Cisco’s unified wireless network to provide coverage along 50 kilometers of tunnels. This let drivers, supervisors and managers communicate efficiently – above ground or below – with calls and instant messaging. Radio Frequency Identification (RFID) tags placed on miners’ caps and vehicles keep everyone synced up with location tracking via a 3D map for improved worker safety. New collaboration capabilities extend to other DPM locations, making face-to-face collaboration possible between managers, geologists and metallurgists as they discuss production, development and project schedules. This all adds up to better understanding and decision-making across the board.
So what have these changes meant for DPM?
- Production increased by 400 percent, far exceeding their original 30 percent goal.
- Miner safety has improved as they track miners’ movements and know where everyone is at all times.
- Asset utilization of vehicles has also improved via continually transmitted data identifying repair needs.
- Communication and energy costs have been lowered through more efficient use of resources.
This is just the start of DPM leveraging IoE’s capabilities. The company plans to replicate the same systems in all of its mines, as well as extend the Internet of Everything concept to health monitoring of employees, using connected environmental health sensors.
The Internet of Everything is not just the technology of tomorrow. It is here today, and the networked connections it provides can impact all industries, even those industries with roots from long ago.
Read the full case study here: http://www.cisco.com/web/tomorrow-starts-here/manufacturing/index.html
Join the conversation on Twitter with the hashtag #InternetofEverything.
Read more #InternetofEverything Perspectives
Transforming Property Management with IoE by Roger Vasquez — Director of Engineering of Transwestern
Integrating Cities with IoE and City24/7 by Tom Touchet — CEO of City24/7
Driving Smarter with Technology and UPS by Dave Barnes — CIO of UPS
Tags: #IoE, Dundee Precious Metals, innovation, Internet of Everything, Manufacturing, mining, wi-fi, wireless networks
Sooner or later we all feel like throwing up our hands and cursing the complexity of modern life. But while technology may seem the chief culprit in making things unmanageable, it is also the ultimate solution to complexity.
In the Internet of Everything (IoE) era, it is particularly important for business leaders to understand the power of technology to simplify our lives and support informed decision making. And this was a core theme at Sapphire Now 2014, an event in Orlando, Fla., that I was privileged to attend last week.
By using network technology to integrate people, process, data, and things, IoE counters complexity in unprecedented ways. In a city, this can involve something as simple as cutting the time it takes to find a (connected) parking space. Or IoE technologies can scale up to reroute traffic lights; for example, to head-off highway backups before, during, and after a large event.
In a brick-and-mortar retail setting (a key area of discussion at Sapphire Now), IoE can alleviate the complexity of managing customers, staffing, and products. With data from multiple sources comes heightened, real-time awareness, empowering managers to react faster than ever. For example, they can then stock shelves and reorganize staff in response to constantly changing levels of demand. With predictive analytics they can even respond before a customer rush begins.
The idea of hyper-aware, real-time decision-making resonated during a Sapphire Now panel discussion titled Thrive in the Digital Networks of the New Economy. I was honored to share the panel with such luminaries as Erik Brynjolfsson of MIT; Michael Chui of McKinsey Global Institute; and Jai Shekhawat, Deepak Krishnamurthy, and Vivek Bapat of SAP. And there was much discussion on the impact of bad decisions on failed organizations. Which is why we all take such an interest in technology that enables good ones.
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Tags: asset utilization, Big Data, Cisco, Cisco Consulting Services, connected supply chain, customer experience, decision making, employee productivity, innovation, Internet of Everything, internet of things, IoE, IoE Value Index, IoT, Manufacturing, retail, Smart Cities, supply chain, value at stake
Are you confident you can change the world with your innovations connecting the unconnected?
Are you developing “things” that will be connected to the Internet of Things (IoT)?
Do you want a $125,000 US cash award to jump start your business?
If yes, Cisco Internet of Things (IoT) Innovation Grand Challenge is for you!
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 »
Tags: Grand Challenge, innovation, internet of things, IoE, IoT
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.
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Tags: Big Data, Cisco, Cisco Consulting Services, employee productivity, innovation, Internet of Everything, internet of things, IoE, IoE Value Index, IoT, job creation, talent, value at stake