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Don’t Just Survive, Use IoE To Thrive from the Data Avalanche

Can you feel the rumbling? Once firm ground now feels shaky. And that rushing sound you hear is the avalanche of data that threatens to bury businesses that aren’t prepared. Research firm IDC estimates that by 2020, the amount of digital information will explode to 40,000 Exabytes or 40 trillion GB (more than 5,200 GB for every man, woman, and child according to EMC). And while natural avalanches end quickly, it’s clear that the data avalanche is gaining momentum.

This data deluge has significant ramifications for companies and public sector organizations that are seeking answers to questions such as: How do you create insightful information from immense amounts of data? How much of your limited IT budget should you spend on Big Data solutions to protect your competitive position? What innovations are possible from new insights? How can these innovations transform your business? Read More »

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Summary: Three Ways IoT is Impacting the #InternetOfEverything

As a key enabling technology to the Internet of Everything (IoE), the Internet of Things (IoT), is connecting new places and objects. Manufacturing room floors, energy grids and wearable devices are just a few examples of the millions of objects coming online at an unprecedented pace.

These “things” are creating vast and increasing amounts of data and sharing it over the Internet – largely via machine-to-machine connections. It is one of many important technology transitions taking place today that is making the Internet of Everything a reality.

Recently, I had the chance to participate in a new Future of IT podcast episode with Steve Hilton, co-founder and Managing Director at MachNation. We discussed how today’s IoT solutions are impacting the evolution of the Internet of Everything and ultimately, business outcomes. You can listen to the entire podcast recording via iTunes.

Here’s a look at three ways the Internet of Things is impacting the Internet of Everything and what it means for your organization:

Read More »

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Creating Value from Connections—While They’re Still Valuable

We’ve reached the 8th installment of our blog series on Cisco’s Big Data and Analytics vision (beginning with Scott Ciccone’s blog on September 23). No doubt by now you have either seen or heard about Cisco’s broad data and analytics portfolio presented at Strataconf in New York on Oct. 15. And if you missed our October 21st executive webcast ‘Unlock Your Competitive Edge with Cisco Big Data and Analytics Solutions,’ please check it out.  Now you’re probably eager to know how to make the most of our approach to data analytics. How can you benefit the most—and the most quickly—from data analysis in your organization?

Customers come to us to ask for support in extracting valuable and actionable business insights from their large stocks of network data. Their goal is always to drive both operational efficiencies and new revenue opportunities. Rapid changes in the business environment increase pressure on time-to-value: savings and revenues need to be brought in as quickly as possible. But traditional ways to extract value from data, complicated by volume, velocity and variety issues, often have a very long time-to-value. In fact, data analytics consulting projects historically take a year or longer to complete. Customers get handed large scale implementation plans and, by the time the program is implemented, the wind has changed: the market opportunity has closed, and the business has moved on.

That’s why for some time now I’ve been a student of accelerating time to value for data analytics. Our job is not just to show our customers the hidden business value of their data, but also to bring that value to them fast. We have developed a rapid prototyping, iterative approach that continuously develops actionable insights from network and other sources of data. Our approach contains four steps to help our customers quickly develop, test, and implement business ideas and processes:

Step One: We start by working with customers and identify key use cases through an “Internet of Everything” iterative planning approach. Our experts don’t just present an idea, but a complete, ready-to-test hypothesis, using visualization techniques and an analytics design approach to discover new ways to do business, based on analytics insights.

Step Two: We use a rapid data extraction approach to capture the data needed to test that hypothesis. We fully leverage Cisco’s Connected Analytics platform, enabling automated data collection and simple correlations exploration.

Step Three: Once we have the data we need, we apply a data science approach to build an “analytics sandbox” in which we test the proposed use cases and measure its outcomes. We use rapid prototyping to test theories, quickly working through iterations to develop a truly working business model for our customers’ unique situations. In the process we are able to identify new insights that became the basis for the next use cases.

Step Four: The result is a set of modular Business Insights, which we interpret and thoroughly test, and turn into an actionable plan that we execute. This makes it relatively easy for our experts to integrate insights and actions into our customers’ transformation initiatives—and in a fraction of the time of traditional data-driven solutions.

The world of top down, outside-in consulting, where value comes from individuals’ experience, is gone. Value today is enabled by the capability of companies like Cisco to extract and interpret data about our customers’ core business, enabling agile decision making and rapid process transformation.

As the Internet of Everything becomes a pervasive reality, we see that analytics is what creates value from all of these connections value. To learn more about Cisco’s vision for the Internet of Everything, read Joseph Bradley’s blog on Thursday, October 23! #UnlockBigData

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Bridging Business and IT: The Value and Virtue of a Business Directory

According to Dr. Barry Devlin, amongst the foremost authorities on business insight and one of the founders of data warehousing, “Data without context is meaningless. It is also valueless. Without a well-understood business context, any derived information and subsequent decisions are open to multiple interpretations or, worse, misinterpretation. It is the context—and, by extension, a Business Directory that manages this context— that promotes the value and virtue of data.”

Data, Data Everywhere, Self-Service BI Can Help

Businesses that successfully leverage their data will be the leaders. Those who don’t will fall behind.

However analytics, big data, the cloud and the Internet of Everything are are drastically changing today’s data landscape. Gone are the days when business users would ask for information and wait patiently for IT to modify the data warehouse and then write the new reports.

To gain the insights required for competitive success, business users today visualize and analyze data without IT’s help using a new class of easy-to-use, self-service business intelligence (BI) tools such as Qliktech, Spotfire, Pentaho and Tableau, as well as the increasingly powerful and ubiquitous Excel.

However finding and accessing that data remains a big challenge. From the business user point of view, data lacks proper business context, thus obscuring its relevance. Instead data is too distributed, too diverse, too IT-focused in how it is described, organized, and stored.

As with self-service BI for visualization and analysis, business users today are seeking self-service approaches to finding, understanding and accessing data. This requires not only new tools that provide data in a business context, but also a new approach to business and IT collaboration.

Business Directory -- Self-Service Data for Business 

On October 1, 2014 at Data Virtualization Day 2014 in New York City, Cisco introduced Business Directory, as part of Cisco Information Server 7.0 (CIS 7.0), the latest version of our flagship data virtualization offering.

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Business Directory is the first data virtualization offering designed exclusively for business self-service. Through a business context lens, users apply search and categorization techniques to quickly find and understand the data they’re looking for. From there, they can use their self-service BI tool of choice to query it. The result is far faster time to insight which translates to better business outcomes sooner.

With Business Directory, business and IT align the people, processes and technology for competitive success. IT provides secure, curated, business-context organized data sets to the business, with business adding domain knowledge and analytic value on the path to insight.

 

Learn More

For a third party point of view on the benefits of Business Directory’s, download Dr. Barry Devlin’s recent white paper, Putting Data In Business Context: The Value and Virtue of a Business Directory.

To learn more about Cisco Data Virtualization, check out our page.

Join the Conversation

Follow us @CiscoDataVirt.

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Three Ways IoT is Impacting the #InternetOfEverything

As a key enabling technology to the Internet of Everything (IoE), the Internet of Things (IoT), is connecting new places and objects. Manufacturing room floors, energy grids and wearable devices are just a few examples of the millions of objects coming online at an unprecedented pace.

These “things” are creating vast and increasing amounts of data and sharing it over the Internet – largely via machine-to-machine connections. It is one of many important technology transitions taking place today that is making the Internet of Everything a reality.

The result is “driving market attention to the business opportunities afforded by connecting physical objects to the Internet,” according to a recent MachNation whitepaper. In fact, MachNation expects IoT to be over more than a $4 trillion industry by 2024!

So, how can today’s proliferation of connected devices and sensors bring organizations closer to capturing a share of the $19 trillion in IoE value at stake over the next decade?

Recently, I had the chance to participate in a new Future of IT podcast episode with Steve Hilton, co-founder and Managing Director at MachNation. We discussed how today’s IoT solutions are impacting the evolution of the Internet of Everything and ultimately, business outcomes. You can listen to the entire podcast recording via iTunes.

Here’s a closer look at three ways the Internet of Things is impacting the Internet of Everything and what it means for your organization:

#1: The Internet of Things is part of the Internet of Everything.

It’s crucial to understand that the Internet of Everything is the coming together of the Internet of Things, mobility, cloud, big data and analytics, and social.

The Internet of Everything gives people, businesses, communities, and countries the resources they need to collect and access data and turn it into valuable insight.

For example, there is an application that I’ve been using for my GPS watch that includes sensors you wear on your body. In real-time, I can upload the data collected to the cloud and I can review where I’ve been and what I’ve been doing.

Read More »

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