The transportation industry is on the cusp of a total revolution with the Internet of Everything pushing our innovation. Cisco estimates that the coming together of people, process, data and things in Internet of Everything (IoE) world creates unprecedented opportunity. Specifically, over $19 trillion in value at stake will be up for grabs by public and private sector organizations and our industry is certainly capturing its share of that opportunity. Through the use of networked sensors and real-time data reports, agencies like ours across the world have used connected transportation to keep commuters moving by setting new standards for millions of miles worth of roadways. Read the ASFINAG case study. Read More »
I spent time in France last week, and it’s clear to me that the French tech scene is at an inflection point. The time to invest in France’s future is now. And with more startups than any other European country at the Consumer Electronics Show this year, and a strong infrastructure in place, France is primed to embrace the latest technology transition: digitization of everything.
Digitization, which harnesses the power of what we call the Internet of Everything at Cisco — the connection of people, process, data and things — will change everything from the way we work to how we serve citizens, and teach our young people.
I believe that France will lead in this new era of country digitization. The French government truly understands the economic and societal benefits digitization will bring. Last week, I met with Prime Minister Manuel Valls, and together we announced an ambitious partnership, pledging to transform France into a digital republic. By creating a connected ecosystem, there is tremendous opportunity to fuel economic growth, create jobs, foster innovation — even improve energy use.
Cisco will power this initiative through the network. France has a strong traditional infrastructure in place — roads, water lines, buildings, even parking spaces — and the country is now committing to build out their digital infrastructure, which will help increase productivity, create jobs, and improve the lives of citizens. Cybersecurity will also be enhanced for the country and its businesses and citizens, and the results for France could be dramatic.
Around the world, banking customers express similar frustrations: they believe the value they receive from their banks is declining, at a time when their trust in those banks already has eroded.
What’s more, according to a Cisco survey of 7,200 banking customers in 12 countries, four out of five customers would trust a non-bank, such as a technology company or retailer, to handle their banking needs. Some of those disruptive competitors are succeeding where banks fail: by engaging customers with convenient transactions and value-added services.
The Cisco study found that Internet of Everything (IoE)-enabled services can help restore the value customers expect from banking institutions. IoE — the networked connection of people, process, data and things — makes it possible for banks to offer a more relevant, engaging, and convenient experience for customers.
Of the $19 trillion in global economic value Cisco estimates IoE can create over the next decade, 7 percent ($1.3 trillion) is accounted for in the finance market and could be addressed with concepts included in this survey.
The digitization of business and society is happening at a rapid pace and people are looking for improved, digital services that make life easier. Banks need to embrace this pace of change and deliver relevant services or risk becoming obsolete in a market where other providers are stepping in to fill the gaps.
The Internet of Everything (IoE) has the potential to be worth an estimated $19 trillion. But this huge number means nothing if it isn’t improving people’s lives.
Industry visionaries are seeking ways to help businesses and people extract value from IoE. In healthcare, IoE promises to improve care delivery, enhance patient and visitor experiences, and create new care models we can only imagine.
This is partly because ‘dark assets’ – common objects not connected to the Internet – are being equipped with minute, yet technologically advanced sensors, transforming them into connected devices capable of generating useful data that can advance health services. Read More »
Have you read the latest Cisco Connected Health newsletter? Find out details about the 8th annual Community for Connected Health Summit and read relevant stories about how the Internet of Everything is enabling new innovations in care delivery.
Monday, April 13, 2015
Hyatt Regency McCormick Place
10 a.m. to 2 p.m., includes complimentary lunch
Hear from highly regarded leaders who are pioneering new approaches to delivering care, including Stuart James, IS-COO, Sutter Health; Dr. Craig Sable, Director of Echocardiography and Telemedicine, Children’s National Medical Center and Professor of Pediatrics, George Washington University; Ashley Simmons, Director of Innovation and Development, Celebration Health; and Ketan Paranjape, General Manager of Life Sciences, Intel.
Barbara Casey, Cisco’s Senior Practice Director for Healthcare Transformation, recently discussed telehealth and home health solutions during the American Hospital Association (AHA) panel on innovations in healthcare.
Moffitt Cancer Center in Tampa, Florida uses a cloud-based video collaboration service from Cisco to connect doctors and affiliates worldwide.
Molina Healthcare, a Fortune 500 multistate healthcare organization, implements Cisco Next-Generation Firewalls to secure data for patients and clinicians in 14 states.
The Children’s National Medical Center in Washington, DC uses Cisco TelePresence® technology to collaborate on care with the Uganda Heart Institute (UHI).
This issue also includes information about upcoming webinars focused on using data virtualization to improve clinical insight. Webinars are offered on Tuesday, February 24, 2015, or Tuesday March 31, 2015.
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