IoE and the Insurance Impact
The Internet of Everything (IoE) and its impact on financial services and more specifically, insurance, is at its infancy. Many other industries are already taking advantage of data coming from historically non-communicative devices to make changes to processes, automate inventories and adjust the amount of water required for farming. As IoE proliferates within the insurance industry, there becomes an increasing need to connect data sources and virtualize that data. With more connected “things” than ever, data points can be utilized in different ways to provide better customer service, prevent fraud and develop new products. Because these new data points can change everything from a business model to product design, insurers need sophisticated software to manage them. All of these additional data points are on top of the explosion of data already in the industry – referred to as “big data”.
Insurers are now looking into software solutions that virtualize data and connect disparate sources around the firm to business intelligence applications that decision makers are using to look for specific insights. The opportunity won or lost will be determined by how well a business leader leverages their data to affect business value and obtain a significant advantage over competition. Data virtualization, a way of optimizing data from disparate sources, allows insurers and financial professionals the ability to manage big data and get updates in real-time without moving it from its original location. By leaving the data in its original location, it reduces the duplication of data when data marts and data warehouses are created for specific analytics applications (e.g. Customer Information File) and allows for other applications to easily access the data as well. Read More »
Tags: Cisco, Financial Services, insurance, insurers, Internet of Everything, internet of things, IoE
In my role as Cisco’s Chief Futurist, I get many questions about what the future holds and how new technology and emerging solutions will change our lives. Be sure to check out previous Ask the #InternetOfEverything Futurist blogs and videos about the advances of battery technology, future of smartphones, new retail models and how new solutions will integrate with our five senses.
Imagine being able to watch your entire life happen before your eyes or being able to recall specific memories and events, as to relive them the exact way they happened. As the Internet of Everything (IoE) and the network to support it evolve, our lives will be able to literally flash before our eyes.
Today, the first versions of this technology are being developed and utilized to create digital copies of landmarks and monuments. For example, cyber archivists are increasingly using a 3D data recording processes that utilizes a spinning laser on a tripod to collect millions of points of information. Once objects or monuments are fully scanned, the archivists combine the collected data with photographs and then create a virtual version that can be used in classrooms around the world or for various other applications.
Not only will we be able to create an index of digital copies from buildings, monuments and landmarks, this technology will advance to the point that we can record and organize event sequences that take place over the course of our lives. However, this information is useless unless in can be securely accessed in real-time. One point is clear, with this influx of connected people, process, data and things, the Internet of Everything depends on a stable and secure network as we make our own history come to life.
In this Ask the #InternetOfEverything Futurist post, I’ll answer a question from Cisco Champion, Robert Novak, who asks about what the Internet of Everything will mean for preserving our past and our building our future. Robert asks:
Question: “How do you see emerging technology being used to preserve and enhance the past?”
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Tags: Ask The Futurist, Cisco, forecast, innovation, Internet of Everything, internet of things, IoE, IoT, mobility, network
Choosing a career in technology turned out to be one of the best decisions of my life. At one time, however, it seemed counterintuitive to enter such a male-dominated industry. I’m not an engineer. I don’t have a degree in computer science. The only traditional tech skill I possessed was a small knowledge of HTML programming language, which I at one time used to put up static web pages. Today, that skill is useful only for editing blog posts.
What I was trained for was design. I moved into technology because it offered me a fresh way to leverage those talents while having a bigger impact. As a designer, I was taught to understand the context of a problem and to generate insights and creative solutions. I switched from a career in print design because technology was providing exciting new ways to reach people. I found it fascinating and wanted to be a part of it.
Apparently, I’m in the minority. A Forbes article cited research from Maria Klawe, a computer scientist and president of Harvey Mudd College, in listing some of the main reasons women don’t choose tech careers. Many believe that they won’t find a career in tech interesting, while others fear they won’t be good at it. A third concern is working in such a predominantly male bastion.
I have to say that my experience on all three counts has been just the opposite.
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Tags: Big Data, Cisco, Cisco Consulting Services, FutureOf, innovation, Internet of Everything, internet of things, IoE, IoE Value Index, IoT, mobility, retail, Women in Technology
IP Video Surveillance is one of the most important applications for companies today since real time video surveillance and analytics can be used not only to protect the business, people and assets, but it can also be used as the eyes, ears and memory of the business to improve decision making and operations, significantly increasing the value of people, processes, data and things.
Internet of Everything
So, if that doesn’t sway you, here are five good reasons to check out Network Design and Implementation for IP Video Surveillance (BRKEVT-2311)
- Your Business: IP Video Surveillance and related analytics applications are becoming the eyes and the ears of business. Beyond safety and security, there are many business use cases and applications that can save your company valuable time, money, and resources.
- Your Network: Similar to two way video, and streaming video, video surveillance is one of the most demanding applications on a network and you will be introduced to ways to meet this demand.
- Your Skills: Increased technical understanding IP Video Surveillance design and implementation is a great way enhance and add to your existing skills.
- Your Future: The Internet of Things has made many new solutions possible with fog computing, open application eco-system partners, and analytics with IP Video Surveillance that is a central component.
- Your Cisco Team – Cisco technical experts, Lionel Hunt and Jason Lee are delivering this together and have received rave reviews in past sessions. If this isn’t one of your favorite sessions of Cisco Live, I’ll eat my hat.*
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Tags: #CLUS, internet of things, IoT, video surveillance
It is with great pleasure I introduce you to another industry and technology thought-leader from Cisco, Clara Alvarado.
Clara Alvarado is Cisco’s Solutions Marketing Manager for Applications Enablement and Management portfolio for the Internet of Things group, with an industry bias towards Oil and Gas. In that position Clara develops the strategy and requirements for the programs and initiatives needed to successfully execute on the strategy, ensure the alignment of the channels, sales, technical operations and support teams, and serves as a liaison between Cisco’s IoT Business Group, customers, partners and sales teams.
Clara has been in Cisco in various executive roles for 7 years, having joined Cisco in 2007 as Marketing Operations Manager for Latin America. She then moved to lead the Collaboration Solution portfolio in Emerging Markets and recently moved to corporate marketing where she has been responsible for strategy, sales enablement and demand generation projects around cloud and joint marketing activities with strategic ecosystem partners.
Prior to Cisco, Clara Alvarado held several roles in marketing and business development in companies such as Lucent Technology, Avaya and Emerson Electric (Emerson are a strong partner of Cisco, we won’t talk about the other two!). She holds a BS in Electronic Engineer form Universidad Javeriana, a MBA from Universidad de los Andes in Bogota, Colombia and a Competitive Strategic Marketing Diploma from Wharton Business School.
Tags: application, Application enablement, clara alvarado, internet of things, IoT, oil & gas, oil and gas