Springtime in Germany brings us Hannover Messe, one of the largest industrial conferences and exhibitions in the world. This year, Cisco will feature our validated and proven Manufacturing and Power Transmission & Control solutions. Our portfolio of market-leading industrial products and solutions offered with our complete lifecycle management services that address the key challenges of the fourth industrial revolution.
Optimized workflows and operation with secure remote access to global experts and real-time plant floor data analytics
Some of the key new capabilities we are highlighting include:
Enhanced solution and product support for Profinet-based connected factories
Updated industrial security by introducing identity management and services into Industrial networks to increase access security
Cisco technologies and products will be showcased and integrated into a multi-vendor and highly flexible production plant. In the SmartFactory KL booth located Hall 8, D20 we will be displaying a modularized automation and control structure that can be flexibly combine machines and automation modules in the production process. The demonstration will showcase the advantages of interoperability including quick setup and modifications to multi-vendor plant assets, product changes in real-time, and a versatile platform for production automation.
See one example of how we do it in this overview of our Industrial Ethernet (IE) 4000 switch series:
During your morning workout at the gym, a device on your arm measures each step and connects with…your bank. By monitoring your healthy lifestyle, the bank can then arrange a lower rate on your health insurance. Later, when walking toward your office, you notice an apartment for sale in a neighborhood you have been scouting for real estate deals. So you point your smartphone at the building to view an augmented-reality image superimposed on the building. In turn, you see the price, square footage, and a live link to your bank’s virtual mortgage advisor.
These kinds of scenarios could become commonplace, once banks embrace the opportunities of the Internet of Everything (IoE) era. While today’s digital consumers demand experiences that are relevant to their current context, many feel that banks don’t understand their needs. Contextual interactions may be common when buying books or streaming movies, but customers sense a “value gap” with their banks. And many are willing to trust disruptive innovators from outside the traditional realm of financial services to fill this void.
Banks can keep pace with customer demand by adopting IoE-enabled solutions that offer expert advice, value-added services and convenience, whenever and wherever customers need them — and do so securely. Wearables and augmented reality are among the more forward-looking innovations that banks should be exploring today. But there are many other ways for banks to reconnect with customers.
In a recent Cisco survey of banking customers in 12 countries, respondents were extremely receptive to five core IoE-enabled banking solutions centered on advice (virtual financial advice, virtual mortgage advice and automated financial advice) and mobility (branch recognition and mobile payments). Seventy-five percent would move their money to another provider for one or more of the five concepts. In emerging markets, respondents are twice as likely to move their money.
“One year ago this week, Cisco announced a plan and a billion dollar investment to build the world’s largest Intercloud – a globally connected network of clouds from Cisco and our partners. As we arrive at the one-year anniversary, I took a few minutes to chat with Cisco President Rob Lloyd and Cloud SVP Nick Earle – two of the ‘architects of the Intercloud’ – about how the idea came about, and what they have learned in the year since the vision was unveiled.”
IOT::Empowering the Enterprise turned out to be quite the dance party this year. Or at least the kind of Internet of Things (IOT) party you’d expect when you bring together over 300 IOT thought leaders, including startup founders, venture capitalists and corporate investors, and Fortune 500 executives.
And adding real-time biometric analytics doesn’t hurt either, tracking everything from temperature, movement, sound, and even crowd sentiment and energy levels.
With much of the IOT buzz focused on consumer tech, this event was specifically focused on IOT in the enterprise. It showcased the ecosystem of innovators that are fundamentally changing cities, manufacturing, energy, transportation, retail, and the many other industries embracing the Internet of Everything (IOE). Cisco Investments, co-hosted the event on our campus with other leaders in the space – SAP, Siemens, Sapphire Ventures, and Silicon Valley Bank, all helping to make IOT transformative. Read More »
Building an IoT company is a great opportunity to work on things you have never done before. Here is a list of my conclusions with brief anecdotes about the difficulties of building az IoT company.
Choose the size of your funding need wisely
When we started, our pre-seed angel investor suggested to close an angel round by involving other investors. The more money you attract at the beginning, the longer runway you have to develop the product that you believe in without having to take away your focus from value creation. It turned out without having the credibility of using small investments wisely and build traction with it you won’t be given the opportunity to get funded with hundreds/millions of Dollars. Build up your credibility together with your venture. One step at a time. Read More »