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Digital Vortex: How Not to Be the 40% That Will Fail!

VortexAt least 40% of businesses will fail at staying digitally agile.

Among 941 business leaders in 12 industries surveyed, 43% percent confirms that they “either do not acknowledge the risk of digital disruption, or have not addressed it sufficiently.” This disquieting statistic is accompanied by another finding: in each industry, four out of ten (40%) incumbents surveyed, whose market shares are dominant today, will be displaced by the digital disruption within five years (Digital Vortex, Global Center for Digital Business Transformation. June 2015). Yet, only 25% says they’re actively pursuing a solution or willing to disrupt themselves in order to stay competitive.

For further reading about this Digital Vortex study, check out my colleagues’ blog: At the Center of the Digital Vortex – Chaos, Disruption, and Opportunity.

In this blog, I’m not going to discuss the study or its methodology with you. Instead, I will talk about the one common denominator that all businesses across industries have – the WAN – the savior for those 40% at risk of being displaced. Read More »

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Tomorrow’s IoT Women Rock Stars

Whoever said, “Youth is wasted on the young,” didn’t meet the next generation of innovators. This year’s winners of the IoT World Forum Young Women’s Innovation Grand Challenge demonstrated amazing technical and industry know-how – plus a whole lot of heartfelt social awareness – far beyond their years. They’re not wasting any time at all!

Meet the Internet of Things (IoT) innovation rock stars of tomorrow.

The Grand Challenge connected with a highly diverse group of 1,500 girls aged 13-18 who submitted 400 entries from 171 countries.  I was overwhelmed by the maturity of their proposals, which were focused on leveraging IoT technology to improve how we live, work, play and learn in a wide range of industries.

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#WednesdayWalkabout Series: A Day on the Bay

The influence of the Internet is often overlooked considering its ubiquitous presence in all facets of our lives today. But we have entered a new era in the life of the Internet and it begs the question, what role will it play in the future? The Internet of Everything is paving the way in to the digital era, bringing with it the proliferation of network-connected objects, processes, living things, and mountains of data that will truly change our world.

Let’s then take a look at a concept of the connected port and the capacity of far-reaching payoffs for the cities that house them, port operators, their business customers, and the end consumers. Today’s ports play a critical role in the global economy, and are at the heart of world trade and the movement of goods. Ports in the United States alone move over $1.3 trillion in cargo annually. With that, any disruption – whether it is a criminal act or a case of simple operational inefficiencies – would be a detriment to the global economy.

As city port authorities face increased safety and security regulations and mandates, they also need to reduce costs and improve operational efficiency. Additionally, things like real-time data collection and exchange across vessels, ports, cargo and land logistics are providing new revenue streams. Local businesses can gain a competitive advantage and cities can open new economic and trade markets by embracing the Internet of Everything on its digital transformation journey.

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With Digital Transformation, Banks Can Be the New Disruptors

As a connected consumer, I can buy a book, plan a vacation, or choose a movie from any number of devices and from any location (home, office, car, or airport!). These interactions are not only convenient, they are more and more highly personalized and tailored to my likes and dislikes. We have all experienced this on Amazon and other commerce sites.

Unfortunately, we don’t get this experience from many banks.

In a Cisco survey of more than 7000 smartphone users and bank customers in 12 countries, 43 percent said that their primary bank did not understand their individual needs. Bank customers in China (54 percent), Brazil (52 percent), Mexico (49 percent), and India (46 percent) felt even more disconnected (see chart below).

Source: Cisco Consulting Services, 2015

Source: Cisco Consulting Services, 2015

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Increase Your Network Operations IQ

This is the time of year when summer vacations end and students head back to the classroom. For those of us who have school-age children like me, it’s important that we know that their academic environment provides access to tools and information that will ensure successful learning. Knowledge of our children’s academic resources gives us the power to help shape their educational outcomes.

Perhaps surprisingly, improving young minds is a bit like improving network operations. As in academia, IT environments are highly dynamic – networks support multiple office locations, configurations change frequently to meet business demands and applications require flexibility to meet future trends, such as the Internet of Everything (IoE). Network operations are optimized when IT teams have access to the resources and device data they need to ensure successful business outcomes.

School is in Session: A Network Operations Aptitude Quiz

Do you know if you have all right automation and analytic tools to effectively manage the operational lifecycle of your network equipment? Here’s a simple network “IQ” test to find out. For the following questions, answer “yes” or “no”: Read More »

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