Yesterday afternoon, Cisco hosted an “Internet of Everything in Business” roundtable discussion--featuring executives from Stanley Black & Decker, AeroScout Industrial, salesforce.com and FH Celebration Health--which spotlighted how the Internet of Everything (IoE) is fueling transformative business outcomes and results … Today! In the session, our panelists discussed ways they are actually acquiring some of the $14+ trillion of global, private-sector value-at-stake estimated by Cisco to be available with IoE by 2022, and included real-world examples illustrating manufacturing and healthcare industry benefits.
Yesterday’s panel representatives from Stanley Black & Decker and AeroScout Industrial provided highly repeatable manufacturing use case examples describing how they are already achieving benefits today, as well as helping their customers to capture value with IoE. Utilizing location based services, real-time productivity and work-in-progress (WIP) monitoring, manufacturing businesses are seeing a strong return on investment and improved safety and security in the workplace.
Above, catch the roundtable--recorded live from Chicago--and learn amongst those IoE use case examples how Cisco Systems and AeroScout Industrial partnered to implement a productivity-and-throughput-driving solution at a Stanley Black & Decker (SB&D) plant in Reynosa, Mexico. And keep your eye on the Cisco IoE blog channel early next week for my deeper dive on that very real, high-impact, highly replicable SB&D customer case study. Thanks for reading!
This week I’m excited to participate in an event we are organizing in Chicago, home of the 2014 Internet of Things World Forum. We’re meeting with some of our partners and customers as we make a few joint announcements – including a new IoE Innovation Center in Barcelona, and showcasing some new solutions built on our platform by some of our partners. Additionally, I’m getting a preview of some of the amazing smart & connected deployments in Chicago – a preview for the IoT World Forum.
I am writing this blog as I gear up to lead Cisco’s Internet of Things (IoT) Systems & Software Group. Over the last few weeks I’ve spent time getting to know the group and have been struck by the tremendous energy and focus on customers and partners the team has. I’m also excited about how dynamic the Internet of Things space is.
While we’ve calculated the total economic value at stake for Internet of Everything by 2020 – $19T – and the number of potential connected devices – 50B – these nearly unfathomable numbers may, honestly, not pan out exactly to the decimal. The Internet of Everything could be smaller or, more likely, much much larger – but the overall point is that more and more people, process, data, and things are connecting. Professor Michael Nelson of Georgetown University has said that “Trying to determine the market size for the Internet of Things is like trying to calculate the market for plastics, circa 1940.” At that time it would have been nearly unfathomable for the numbers of existing things – milk containers, furniture, industrial components – to be made into plastic. And just as plastics have pervaded every part of our lives and enabled new industries, the connections created by Internet of Everything will too. I think that’s a great way to think about the untapped potential of this market. Read More »
Today, I am pleased to announce the launch of Cisco EIR Europe, extending our program to a non-U.S. innovation hub for the first time. Cisco EIR will be located initially in Vienna, where we plan to launch a small cohort of early-stage European startups by January 2015 – to be supported & incubated by Cisco – drawn from across EMEAR. As with Cisco EIR in Silicon Valley, we will look for game-changing entrepreneurs in IoE, security, Big Data/analytics, Smart Cities & other transformational opportunities that are in Cisco’s strategic line of sight. Also as in our Silicon Valley program, the startups will be supported by Cisco engineering & product teams as well as our EMEAR partner ecosystem. The Vienna-based program is intended to serve as the beachhead – our “Phase 1” – for a broader EU-wide footprint for Cisco EIR.
Key to our success is how we leverage the startup ecosystem that already exists in Europe. To this end, starting in Vienna, we have partnered with Pioneers, a leading startup community organization in Europe. More partnerships are in the works.
Back in March, together with our partners, we announced plans to build the world’s largest global Intercloud. We consider this global network of clouds to be the next phase of cloud computing and a key part of the Internet of Everything.
Open and Secure Hybrid Clouds
This energy continues. In the following video, our partners share how they’re integrating our ACI and Intercloud strategies to meet the needs and demands of their customers. I find the diversity of comments and approaches our partners share in the video enlightening. Their projects represent a broad spectrum of technologies, highlighting the breadth of impact that the Intercloud will have on us all. I can see why they are all so excited and why ‘Intercloud’ is fast becoming an industry term.
“The Internet of Things is the next technology transition where devices will allow us to sense and control the physical world by making objects smarter and connecting them through an intelligent network”, Lindsay Hiebert, Senior Marketing Manager, Internet of Things, Cisco Systems
The Internet of Things in a Manufacturing Plant Environment
The Internet of Things is the network of physical objects accessed through the Internet. These objects contain embedded technology to interact with internal states or the external environment. This technology allows objects within such places as manufacturing floors, energy grids, healthcare facilities, and transportation systems to be controlled from virtually anywhere in the world. This connectivity also means more data can be gathered from more places, with more ways to increase efficiency and improve safety and security. The Internet of Things and the Internet of Everything (people, process, data and things) is about connecting the unconnected.