From my home in North Carolina to San Diego, to Atlanta and all the way to Greater China—Shanghai, Shenzhen and Taipei—throughout April, I am presenting at several Manufacturing industry, Supply Chain executive, and Internet of Things (IoT) regional events, along with visiting all types of manufacturing customers. Earlier this month, I was at a customer advisory where we met with industrial thought leaders eager to share experiences (see Tony Shakib’s blog, “The Digital Factory: Real Solutions and Real Outcomes”). In the meantime, several of my colleagues exhibited Cisco industrial solutions this past week at Hannover Messe in Germany. Across the globe, manufacturers are wrestling with how to capture the opportunity and value associated with IoT and Internet of Everything (IoE) strategies. The good news is that the industry is thriving, alive and well and at the forefront of IoT adoption.
At the IoT Regional Forum in Atlanta last week, I had the opportunity to meet some manufacturing companies from the region and hear first-hand the challenges and address questions they had regarding automation and networking and the convergence of IT and OT, from technology to culture to organization. What I hear repeatedly are questions on how to tie together the various islands of automation and information that exist throughout most factories and across manufacturing enterprises. In addition, the lack of one integrated view results in delayed decision-making and responses to issues and problems that arise, and inhibit the introduction of new products and business models.
Often, we will assist our industrial customers with this IT/OT convergence by recommending a pilot or proof of concept approach to adopt wired-and-wireless networking architectures for use cases that demonstrate quick results and impact, and then more broadly adopt the technology across that and other plants within the enterprise. Interestingly, ARC analyst Greg Gorbach recently wrote up a blog proposing a “Let’s Just Try it” approach in profiling our customer Stanley Black and Decker.
At this year’s Hannover Messe International (HMI), the world’s largest industrial fair, it was more about how industrial companies are leveraging the Internet of Things (IoT) to evolve Industry 4.0 from theory to practice.
The Internet of Things was everywhere at this show. Almost every vendor on the show floor had an IoT message, in addition there were numerous keynotes and panel discussions centered around IoT. There was a lot of excitement around Industrie 4.0, which facilitates the vision for a smart, digital factory enabled by IoT.
Cisco’s presence at this event was to show how we are taking IoT beyond the theoretical. Cisco partners and customers demonstrated leadership in defining, implementing and showcasing connectivity for the production floor from cloud down through to the sensor. Visitors to the booth this year began to understand and realize that a tested and validated Cisco Connected Factory architecture is the best path to accelerated business value. One engineer from a large automatic company told me, “Ok. Now I get it. Your value is the architecture. You’re taking the complexity out of deploying a stitched together product solution.”
Oliver Tuszik, head of Cisco Germany, reiterates in this video how Cisco is a source for real solutions and practical, proven approaches to IoT including Cisco’s integration with Profinet:
Cisco’s recent survey of 7200 banking customers in 12 countries left me with a crystal-clear takeaway: consumers are ready for the Internet of Everything (IoE) — and they want it now.
But to meet that demand, banks need to assess their own capabilities as they begin to light up their own “dark assets” with network connectivity and embark on the journey to IoE readiness.
In our survey, we tested five key IoE-enabled banking concepts related to advice (virtual financial advice, virtual mortgage advice, and automated financial advice) and mobility (branch recognition and mobile payments). These concepts resonated with customers globally: 75 percent of all respondents would move their money to another provider for one or more of the five concepts. And while the interest is significant everywhere, in emerging markets, respondents are twice as likely to move their money. Read More »
In my role leading the development of Cisco’s IoT Systems and Software, I spend a fair amount of time speaking at industry events and talking with customers and partners. There is a lot of excitement about the Internet of Everything (IoE) – the intelligent connection of people, processes, data and things to the Internet – as it continues to take hold, bringing unprecedented economic opportunities to both the private and public sectors.
Massive amounts of data are being created in new places. A Boeing 787 creates half a terabyte of data per flight. An offshore oil well can create up to 10 terabytes in just 24 hours. These are examples of the Internet of Things (IoT). Within the IoT, a huge volume of these non-traditional devices (i.e. things) are being connected by the network.
Imagine if these ‘things’ could talk.
What could they tell us about safety, operational efficiency, and interactions with people using this technology? Well….these things can talk. In fact, they are talking all the time through the large volumes of data they produce. In order to utilize this data to empower business decision-making, we need to understand it. That is where analytics come in. Simply put, analytics is using software to look for patterns in large volumes of data. Patterns help you understand some aspect of your business, so you can make better decisions to achieve the desired outcome.