As a connected consumer, I can buy a book, plan a vacation, or choose a movie from any number of devices and from any location (home, office, car, or airport!). These interactions are not only convenient, they are more and more highly personalized and tailored to my likes and dislikes. We have all experienced this on Amazon and other commerce sites.
Unfortunately, we don’t get this experience from many banks.
In a Cisco survey of more than 7000 smartphone users and bank customers in 12 countries, 43 percent said that their primary bank did not understand their individual needs. Bank customers in China (54 percent), Brazil (52 percent), Mexico (49 percent), and India (46 percent) felt even more disconnected (see chart below).
Source: Cisco Consulting Services, 2015
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Tags: banking, Cisco, Cisco Consulting Services, data analytics, Digital transformation, Financial Services, hyper-relevance, innovation, Internet of Everything, internet of things, IoE, IoT, Mike Riegel, thought leadership
Are we Disrupting Ourselves out of jobs? This blog is to provoke dialogue Read More »
Tags: Cisco, connected devices, Disruption, diversity, future of technology, inclusion, innovation, jobs
ITD (Intelligent Traffic Director) is getting a lot of interest about transparent (Layer 2) mode device support.
Here is a 10 minute video that shows step by step ITD deployment for Transparent mode security devices, such as Firewalls, IPS, IDS, Web application Firewalls (WAF), ASA, Cisco Sourcefire, etc:
ITD is a hardware based multi-Tbps Layer 4 load-balancing, traffic steering and clustering solution on Nexus 5k/6k/7k/9k series of switches. It supports IP-stickiness, resiliency, NAT (EFT), VIP, health monitoring, sophisticated failure handling policies, N+M redundancy, IPv4, IPv6, VRF, weighted load-balancing, bi-directional flow-coherency, and IPSLA probes including DNS. There is no service module or external appliance needed.
Solution Guide: ITD with Layer 2 Firewall / IPS / IDS
Here is more information about ITD: www.cisco.com/go/itd
Please send email to email@example.com if you have any questions.
Tags: #BestofInterop, #CiscoITD, #CiscoLive2015, #CLUS, ACI, ASA, best of interop, Best of Interop 2015, Best of Interop Finalist, Big Data, Cisco, Cisco Nexus, Cisco Nexus 5600, Cisco Nexus 7000, Cisco Nexus 9000, Cisco Nexus Switches, ciscolive, cloud, Cloud Computing, data center, innovation, interop, IPS, ITD, load balancer, nexus, Nexus 7000, NFV, SDN, security, server load balancer, Service Provider, Sourcefire, video
Innovation has become an imperative for society at large. Whether it be entrepreneurs starting new ventures, large established corporations trying to defend their market position, or countries facing increased global competition, everyone is attempting to innovate. What does this mean? It means they turn new ideas into widely used practice.
The reasons are clear: the benefits from innovation are highly promising.
At a macro-economic level, the capability to innovate fuels countries’ global competitiveness. According to academic research, between 2010 and 2020, roughly a quarter of US productivity will be generated by innovation. And, as the economist William Baumol points out in his book The free market innovation machine “virtually all the economic growth that has occurred since the eighteenth century is ultimately attributable to innovation”.
There is strong consensus among policy makers that innovation is a main driver of economic progress and social well-being. It is a powerful tool to tackle societal challenges from resource scarcity and global warming, to poverty and health. Indeed, innovation has become a central pillar of national and regional economic policies. Horizon 2020 is an example. The European Union settled nearly EUR 80 billion of funding over seven years to boost research and innovation across different industries. This will undoubtedly help strengthen Europe’s global competitiveness.
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Tags: competitive advantage, imperative, innovation
Much has been published in the industry about how automation will result in job loss e.g. the book, The Second Machine Age, as an example.
Further, the question is obvious as to whether or not the skills you have today will be relevant tomorrow?
Such discussions have been occurring for the past several years since the financial crisis of 2008; and the question now pondered by enterprises and governments is :
- How do we grow the middle class?
- How do we provide skills to under-served communities?
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Tags: Cisco, connected devices, Disruption, future of technology, innovation, inter-cloud, IoE, jobs, security