In the Internet of Everything (IoE) era, CIOs face a maze of challenges — along with a wealth of opportunities.
But for the IT organization to fully realize those opportunities — and become a source of organizational agility and a true partner for innovation in the business — a wholly new IT operating model is required. We call that model Fast IT.
Fast IT is the IT operating model for the IoE era. It is what the CIO needs to do to drive true business transformation.
To better understand the current state of IT — and the opportunity for IT transformation amid a dynamic time of change — Cisco undertook a comprehensive global survey and research study.
We surveyed more than 1,400 senior IT leaders in Brazil, Germany, India, the United Kingdom, and the United States. We interviewed leading industry analysts, authors, academics, IT executives, and IT practitioners. And finally, we compared this data with conclusions from numerous customer engagements.
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Tags: CIO, Future of IT, innovation, Internet of Everything
This blog post was co-authored by Michael Ganser, Cisco’s SVP for Central and Eastern Europe. Follow Michael on Twitter @MichaelGanser
The inter-connection among society, the economy and environment, enabled by Internet of Everything (IoE) technology, was a central theme at the recent M-Smart City Summit hosted by the City of Hamburg.
It is no coincidence that the Summit was incubated here and its public and private sector leaders advanced the overall theme of connecting the
unconnected. Collectively, Hamburg’s leadership is driving a visionary strategy to digitize the entire metropolitan region, virtually connecting government, port, business, citizenry, healthcare, academia, public safety and other key organizations.
After just a few years, historic Hamburg has burst into the 21st century as not only a modernized Smart City, but also as a Smart + Connected Community, or, as some call it, a futuristic Seatropolis, anchored by the economic powerhouse of Hamburg‘s port operations.
Essential Application Centric Infrastructure
Today, we are thrilled to release a new video starring Hamburg. In “Internet of Everything Transforms Hamburg into a Smart City,” we showcase how leaders started with an ICT master plan to incorporate a single platform for collaboration, that leverages essential Application Centric Infrastructure. This integrated network stretches across departments and organizations throughout the urban landscape, seamlessly connecting people, processes data and things — a single digital overlay to existing physical infrastructure.
With many more Internet of Everything plans still in the works, Hamburg has already realized tremendous value Read More »
Tags: Cisco, Hamburg, Internet of Everything, internet of things, Jens Meier, Jurgen Bruns-Berentelg, Michael Ganser, Olaf Scholz, Smart City, Wim Elfrink
Last month, Gartner published one of its well-known Hype Cycles, and a Forbes headline summed up a key assertion very well. “It’s Official: The Internet Of Things Takes Over Big Data As The Most Hyped Technology.”
This comes as no surprise to anyone engaged in this market phenomenon – the explosive growth of things connecting to the Internet. At Cisco, our engineers determine that about 13.5 billion things – everything from mobile devices and computers to sensors and machines — are connected today. By 2020, we forecast 50 billion such connections – a much faster adoption rate than electricity or telephony.
Web searches for IoT and media mentions of IoT each have tripled in the past couple of years alone. Our consulting services group confirms that global Internet Protocol (IP) traffic continues to accelerate exponentially, and the last two years have spawned new IoT-related consortia and standards bodies.
The hype clearly has accelerated. However, I passionately believe that in this case the hype is completely justified because it is underpinned by tangible hyper progress throughout all types of industries. Other markets in the past that have ranked high on the Hype Cycle have included ecommerce and wireless technologies, and nobody can argue the rocket success of markets engaged in online business portals, social media or mobile devices such as smart phones.
IoE Can Unleash $19 Trillion in Economic Value
IoT provides the foundation for an even greater – we think unprecedented – technology revolution that Cisco calls, the Internet of Everything (IoE). IoE includes the connection of things, people, data and processes, enabling the transformation of data into information, knowledge and wisdom. As a result, Cisco Consulting Services estimates that IoE can unleash $19 trillion of economic value worldwide over the next decade by generating new innovation, revenue streams, customer experiences and improving asset utilization, employee productivity as wel as sup0ply chain and logistics operations.
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Tags: Cisco, Gartner, Hypecycle, Internet of Everything, IoE, Wim Elfrink
Connecting Dark Assets: An ongoing series on how the Internet of Everything is transforming the ways in which we live, work, play, and learn.
If you’re trying to run a business today, you are undoubtedly dealing with global manufacturing and distribution systems—and competitors from around the world. The Internet has given companies of all sizes access to a global marketplace, and that means competing in an environment where cost is king, and margins are razor-thin. No wonder manufacturers and distributors are trying to squeeze every bit of inefficiency out of every link in their supply chains.
Fortunately, the Internet of Everything (IoE) is here to light up “dark” supply chain assets by connecting them to data, things, and processes that multiply their value. As a matter of fact, Cisco Consulting Services’ research shows that IoE has the potential to create or migrate $2.7 trillion in value over 10 years’ time by improving supply chain and logistics efficiency and reducing waste.
Take, for example, the common forklift. It’s an ubiquitous feature of factories, warehouses, and loading docks everywhere—but not tremendously efficient when you factor in the time it takes for a driver to locate the correct pallet, and the damage that sometimes occurs while navigating stacked pallets through narrow warehouse aisles. But when IoE “lights up” this dark asset by giving it sensing capabilities and connecting it to the right data and software, the forklift becomes an auto-guided vehicle (AGV) that can find its own way through a massive warehouse. The AGV can go directly to the correct pallet of goods and deliver it at the right time to the right place. It will even plug itself into a charging station at the right time to ensure optimal battery life.
But it’s not just auto-guided forklifts that are transforming warehouse efficiency—sometimes it’s robot-guided shelves. Amazon is using small Kiva warehouse robots to move portable shelves from warehouse storage to an area around the perimeter Read More »
Tags: industrial internet, Internet of Everything, InternetofEverything, IoE, IoT, Manufacturing, supply chain value
When you walk outside and notice dark clouds gathering, or a cheerfully bright sun, little may cross your mind except to grab an umbrella or your shades. But chances are, the team at The Weather Channel knew about these weather conditions days in advance thanks to Fast IT. And with this advance information, The Weather Channel offers what is relevant to you in the moment.
In our Internet of Everything (IoE) world, more consumers and employees are demanding more relevant content now. As such, organizations must keep pace. The Fast IT model built to transform and simplify IT operations is the way to evolve in today’s environment.
For many CIOs, including The Weather Company’s Bryson Koehler, a Fast IT model has resulted in more accurate, relevant and timely data with unprecedented and unlimited uses. Consider his insights in this video:
“When I look at network programmability, I see the same capability enablement that I see from all of the other things that have preceded it,” he said. “Which is how do we leverage technology to be more flexible, how do we free up engineers and developers to innovate quicker and how do we get the traditional shackles of rigid technology unlocked so we don’t have to be nailed down to a specific piece of infrastructure.”
Over the past year-and-a-half, The Weather Company, parent to The Weather Channel, has rebuilt their entire data platform, moving their forecasting over to the cloud, allowing them to ingest data through an extremely rich set of application programming interface (API). In doing this, the organization is able to improve the accuracy of their forecast, collecting data from across the globe and analyzing it at lightning fast speeds – essential when dealing with an unpredictable variable like the weather.
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Tags: Cisco, Fast IT, Internet of Everything, internet of things, InternetofEverything, IoE, IoT, network