For most manufacturing companies today, product and services innovation, the introduction of new models, and the need for flexibility and workforce engagement are some of the business drivers requiring a new way to look at factory automation. Often, the ideal opportunity to tackle these challenges arises when a company is expanding capacity or building a new production facility ‘greenfield’. The Internet of Everything plays into this opportunity perfectly as easier and more seamless ways to connect people, process and data have emerged. Mahindra and Mahindra, one of India’s leading automakers, seized just that opportunity to deploy a Connected Factory of the future, building the Chakan facility north of Pune in Maharashtra, to expand capacity on existing models and introduce brand new Mahindra model categories. Read More »
Businesses have been and will continue to be disrupted by software agility and innovation. If you have any questions, just ask, if they are still in business, Movie Rental Companies (Netflix), Taxi Companies (Uber), and Retail Companies (Amazon) to just name a few areas (companies that disrupted an industry with Software). Software defined disruption has changed the landscape and continues to drive tremendous business value like never before. What’s most exciting is that we have not seen anything yet compared to what the Internet of Everything (IoE) will disrupt! To understand software disruption better and determine the innovation opportunities it helps to take a look at the typical devops model today, challenges, and opportunities.
The typical devops model is represented the figure below:
I recently attended the Strata + Hadoop World Conference in San Jose, and came away impressed with the accelerating pace of innovation in the world of Big Data. Companies and startups are innovating in every area of the Big Data value chain – from automating how data is collected, cleaned, and organized; to data governance and management; to data storage using a plethora of NoSQL database technologies; and to the numerous emerging tools for data science. Read More »
Digital disruption is transforming virtually every role in every industry. Every day I see how the proliferation of online, mobile, and social interactions has created the need for completely new marketing strategies—and completely new skillsets for marketing professionals. We can see this same disruption across industries, as the Internet of Everything (IoE) creates fundamental transformation through the networked connection of people, process, data, and things.
For example, we recently published a new report that shows a global oil and gas (O&G) industry awash with disruption, and primed for digital transformation. Low oil prices have upended the sector, spurring an urgent rethinking of strategy by oil and gas executives—and accelerating the adoption of IoE.
This disruption is one of many factors impacting the oil and gas workforce today—from field workers all the way to the executive suite. Not only will new skills be required in an industry transformed by IoE, but new digital processes will also be needed to transfer knowledge, collaborate to solve problems in real time, and capture insights from a torrent of digital data.
To become agile enough to compete in the IoE Era, the oil and gas workforce must possess a mix of technical skills, industry knowledge, and business acumen. With talent shortages due to massive numbers of professionals retiring over the next few years—and a lack of necessary digital skills among those who remain— O&G firms need to make bold moves to transform their workforce strategy.
- Extend the reach of existing expertise –Video-based collaboration can help bridge the expected talent gap by making the most of professional expertise that is spread too thin, as well as providing ongoing training throughout the organization. Video and web collaboration can effectively bring remote experts to any location, without the need for travel. For example, Saipem, an Italian oilfield services company, has employed high-definition video conferencing to cut travel costs, boost productivity, and provide subject-matter expertise throughout the company and with partners.
Tags: analytics, CERAWeek, Cisco, collaboration, Data Science, digital, Disruption, future workforce, IIoT, Internet of Everything, IoE, IoT, IT-OT convergence, marketing, oil and gas, oil prices, operational technology, OT, transformation
The key to retail today is customer understanding —where each customer stands on his or her personal shopping journey, whether in-store or out. Retailers must “know” each shopper as never before. And they must offer the kinds of contextual, personally relevant experiences that will optimize their merchandise mix, create faster inventory turns, and drive greater customer engagement.
After all, the typical customer today is mobile, connected, and has heightened expectations. Many are accustomed to a deeper level of real-time interaction from innovative online retailers than from traditional brick-and-mortar stores.
Yet, as a recent Cisco study revealed, offline retailers – or retailers that combine on and offline capabilities – have their own unique advantages – if they step up to the opportunities of the Internet of Everything (IoE) economy. By blending the benefits of the physical store — such as the ability to touch, compare, and try on products — with the benefits of the virtual world, retailers can create a new value proposition that can’t be matched by their online-only competitors. In the process, they not only drive their own industry’s disruption but challenge for market leadership.