Traffic jams aren’t just stressful—they’re expensive. A recent study by the Centre for Economics and Business Research revealed that in 2013 traffic jams cost the U.S. $124 billion. By 2030, they estimate the annual price of traffic in the U.S. and Europe will soar to $293 billion.
Can we turn this around? I think so. The Last Traffic Jam can happen through the Internet of Everything (IoE) and the increased value that comes from connections between people, process, data, and things. It’s in this highly connected world where we’ll see amazing things happen—including the Last Traffic Jam. Read More »
Tags: connected cars, Internet of Everything, internet of things, IoE, IoT, Joseph Bradley, Last Traffic Jam, Smart Connected Cities, Transportation
Today’s retailers face a rising tide of change, disruption, and challenges, all driven by technology. As their business landscape is upended, many are struggling to adapt to changing consumer behaviors, competition from disruptive innovators, and exponentially increasing complexity.
The source of much of this disruption is the Internet of Everything (IoE). IoE is the networked connection of people, process, data, and things, and Cisco projects these connections to surge from 13 billion today to 50 billion in the next decade. For retailers, that means a sharp increase in the potential channels, devices, and shopping journeys that are available to consumers. Increasingly, retailers must meet new demands for relevant, efficient, and convenient shopping experiences, whether in-store or out.
But for traditional retailers, IoE also presents tremendous opportunities. At the National Retail Federation’s “Big Show” in New York this week, I have seen a great openness to change and innovation. As I see it, traditional retailers are ready to step into the IoE era, but they will need the right ecosystem of partners to guide them through the transformation and help them make the right investments.
To better understand these opportunities and the changing competitive dynamics in retail, Cisco recently undertook a comprehensive, three-pronged study consisting of original research, economic analysis, and interviews with retail industry thought leaders. Released this week, the first wave of primary research findings includes 1240 consumer responses from the United States and the United Kingdom.
A key theme that emerged from the research was that today’s consumers demand new kinds of digital experiences, both in-store and out. In our survey, we presented respondents with 19 concept tests — everything from digital signage and same-day delivery to mobile payments and augmented reality. Above all, we found that shoppers seek a hyper-relevant experience — more so than a hyper-personalized one. In short, efficiency and savings are more important to them than personal engagement.
In our survey, 38 percent of respondents identified greater efficiency in the shopping process (e.g., ensuring items are in stock, speeding checkout times) as the area retailers most need to improve. By contrast, 13 percent sought improvements that would lead to a more personalized shopping experience. Read More »
Tags: #nrf15, analytics, CCS, Cisco, Cisco Consulting Services, connected retail, data, digital, hyper-relevance, innovation, Internet of Everything, internet of things, IoE, IoT, Joseph Bradley, National Retail Federation, NRF, retail, shopping
In Part 1 of this blog series, I talked about how data integration provides a critical foundation for capturing actionable insights that generate improved outcomes. Now, in Part 2, I’ll focus on the two other challenges that must be met to extract value from data: 1) automating the collection of data, and 2) analyzing the data to effectively identify business-relevant, actionable insights. This is where things, data, processes, and people come together.
Let’s start with automation.
After IoT data is captured and integrated, organizations must get the data to the right place at the right time (and to the right people) so it can be analyzed. This includes automatically assessing the data to determine whether it needs to be moved to the “center” (a data center or the cloud) or analyzed where it is, at the “edge” of the network (“moving the analytics to the data”).
The edge of the network is essentially the place where data is captured. On the other hand, the “center” of the network refers to offsite locations such as the cloud and remote data centers — places where data is transmitted for offsite storage and processing, usually for traditional reporting purposes. The edge effectively could be anywhere, such as on a manufacturing plant floor, in a retail store, or on a moving vehicle.
In “edge computing,” therefore, applications, data, and services are pushed to the logical extremes of a network — away from the center — to enable analytics knowledge generation and immediate decision-making at the source of the data.
Read More »
Tags: analytics, connected analytics, data, data analytics, edge, edge analytics, edge computing, future workforce, Internet of Everything, internet of things, IoE, IoT
Cisco partner Provista IP Communications* provided a solution to Canadian Natural Resources that delivered a flexible off-shore wireless network supplying data mobility whilst remaining secure and manageable.
When you search for case studies in Oil and Gas there are lots that cover the carpeted areas of organizations – office areas mainly, but fewer that actually reach outside to places like manufacturing or refinery areas, or even oil rigs. That’s why I was pleasantly surprised to read the case study from Provista. Provista are a Cisco partner based near Glasgow with a presence in North-East Scotland and the Midlands in England.
You’ll hopefully remember my blog: Ferguson Group Ltd keeps an Eye on Operations with Cisco Physical Security, in which I talked about the coming of a new ‘space-age’ equivalent for Scotland. In that blog we looked at physical security and video in particular. With this Canadian Natural Resources (CNR) case study we can see how the Cisco technologies go further out to inhospitable environments and help keep workers away from danger, and more productive if they have to be off-shore.
Read the case study and you’ll see the provision of Cisco wireless technologies helped enable CNR overcome some business challenges:
1. “The cost of resourcing engineering consultancy and deployment time was significantly higher due to travel restrictions.”
2. “It would be difficult to ensure that installed wireless networks would remain active in the event of a single device failure.”
3. “Canadian Natural regularly had guest visitors to their off-shore oil platforms and thus requested a secure, but separate, connection for guests to make use of.”
Provist goes on to say that there were some major business benefits are being achieved:
Cost/Safety: “Provista’s solution ensured that there was no need for highly-trained technical staff to be present at the remote sites.”
Lower Downtime: “Canadian Natural technical staff have a longer window of time to deploy replacement equipment in the event of a failure.”
Worker/Guest Productivity: “Employees and guests can be more productive off-shore as a result of the wireless network access.”
The case study goes on to talk about the implementation and Cisco elements for management and control. This is an example of how Oil and Gas customers will often start building networking infrastructure in the carpeted areas (like CNR did) and then extend out to non-carpeted areas such as oil platforms. The number of oil rigs that have a pervasive WLAN is actually relatively low. Sure, there are numerous proprietary networks for sensors and the like, but we’re now seeing the implementation of WIFI on rigs that are providing converged (i.e. compatibility and convergence with IT and OT – or Operational Technologies systems and networks), as the Internet of Things, and the Internet of Everything continues its journey of becoming more pervasive. This is a convergence based on Industry standards.
Read More »
Tags: #IoE, #wireless, Canadian Natural Resources, cisco wireless network, Internet of Everything, internet of things, IoE, IoT, oil and gas, oil rigs, Provista, Provista IP Communications
We all know that Big Data is getting bigger. And, the gap between the amount of data with hidden value and the amount of value that is actually extracted keeps widening. In fact, according to IDC, less than 1 percent of the world’s data is currently being analyzed. What good is data if it doesn’t produce actionable insights that generate improved outcomes?
A large portion of the world’s data is produced by the billions of connected objects that make up the Internet of Things (IoT), a critical enabler of the Internet of Everything. In Cisco Consulting Services, we recently conducted a blind global survey to learn more about how organizations are harnessing IoT to transform their businesses — and what they can do to drive more value. Read More »
Tags: connected analytics, data analytics, edge computing, future worker, Internet of Everything, internet of things, IoE, IoT