As a key enabling technology to the Internet of Everything (IoE), the Internet of Things (IoT), is connecting new places and objects. Manufacturing room floors, energy grids and wearable devices are just a few examples of the millions of objects coming online at an unprecedented pace.
These “things” are creating vast and increasing amounts of data and sharing it over the Internet – largely via machine-to-machine connections. It is one of many important technology transitions taking place today that is making the Internet of Everything a reality.
The result is “driving market attention to the business opportunities afforded by connecting physical objects to the Internet,” according to a recent MachNation whitepaper. In fact, MachNation expects IoT to be over more than a $4 trillion industry by 2024!
So, how can today’s proliferation of connected devices and sensors bring organizations closer to capturing a share of the $19 trillion in IoE value at stake over the next decade?
Recently, I had the chance to participate in a new Future of IT podcast episode with Steve Hilton, co-founder and Managing Director at MachNation. We discussed how today’s IoT solutions are impacting the evolution of the Internet of Everything and ultimately, business outcomes. You can listen to the entire podcast recording via iTunes.
Here’s a closer look at three ways the Internet of Things is impacting the Internet of Everything and what it means for your organization:
#1: The Internet of Things is part of the Internet of Everything.
It’s crucial to understand that the Internet of Everything is the coming together of the Internet of Things, mobility, cloud, big data and analytics, and social.
The Internet of Everything gives people, businesses, communities, and countries the resources they need to collect and access data and turn it into valuable insight.
For example, there is an application that I’ve been using for my GPS watch that includes sensors you wear on your body. In real-time, I can upload the data collected to the cloud and I can review where I’ve been and what I’ve been doing.
Connecting Dark Assets: An ongoing series on how the Internet of Everything is transforming the ways in which we live, work, play, and learn.
If you’re trying to run a business today, you are undoubtedly dealing with global manufacturing and distribution systems—and competitors from around the world. The Internet has given companies of all sizes access to a global marketplace, and that means competing in an environment where cost is king, and margins are razor-thin. No wonder manufacturers and distributors are trying to squeeze every bit of inefficiency out of every link in their supply chains.
Fortunately, the Internet of Everything (IoE) is here to light up “dark” supply chain assets by connecting them to data, things, and processes that multiply their value. As a matter of fact, Cisco Consulting Services’ research shows that IoE has the potential to create or migrate $2.7 trillion in value over 10 years’ time by improving supply chain and logistics efficiency and reducing waste.
Take, for example, the common forklift. It’s an ubiquitous feature of factories, warehouses, and loading docks everywhere—but not tremendously efficient when you factor in the time it takes for a driver to locate the correct pallet, and the damage that sometimes occurs while navigating stacked pallets through narrow warehouse aisles. But when IoE “lights up” this dark asset by giving it sensing capabilities and connecting it to the right data and software, the forklift becomes an auto-guided vehicle (AGV) that can find its own way through a massive warehouse. The AGV can go directly to the correct pallet of goods and deliver it at the right time to the right place. It will even plug itself into a charging station at the right time to ensure optimal battery life.
But it’s not just auto-guided forklifts that are transforming warehouse efficiency—sometimes it’s robot-guided shelves. Amazon is using small Kiva warehouse robots to move portable shelves from warehouse storage to an area around the perimeter Read More »
When you walk outside and notice dark clouds gathering, or a cheerfully bright sun, little may cross your mind except to grab an umbrella or your shades. But chances are, the team at The Weather Channel knew about these weather conditions days in advance thanks to Fast IT. And with this advance information, The Weather Channel offers what is relevant to you in the moment.
In our Internet of Everything (IoE) world, more consumers and employees are demanding more relevant content now. As such, organizations must keep pace. The Fast IT model built to transform and simplify IT operations is the way to evolve in today’s environment.
For many CIOs, including The Weather Company’s Bryson Koehler, a Fast IT model has resulted in more accurate, relevant and timely data with unprecedented and unlimited uses. Consider his insights in this video:
“When I look at network programmability, I see the same capability enablement that I see from all of the other things that have preceded it,” he said. “Which is how do we leverage technology to be more flexible, how do we free up engineers and developers to innovate quicker and how do we get the traditional shackles of rigid technology unlocked so we don’t have to be nailed down to a specific piece of infrastructure.”
Over the past year-and-a-half, The Weather Company, parent to The Weather Channel, has rebuilt their entire data platform, moving their forecasting over to the cloud, allowing them to ingest data through an extremely rich set of application programming interface (API). In doing this, the organization is able to improve the accuracy of their forecast, collecting data from across the globe and analyzing it at lightning fast speeds – essential when dealing with an unpredictable variable like the weather.
Change has come slowly to higher education. This is understandable given the relative success that the American university system has had in granting four-year degrees that have helped students garner higher long-term earnings. Regardless, the traditional university system is facing crushing pressure from increasing student loan debt, rising costs, and expectations of hyper-connected students who want to learn anytime, anywhere from any device.
While the MOOC movement raised eyebrows and started people thinking differently about new delivery models, the sort of cataclysmic change some thought would happen with the advent of MOOCs didn’t. Most institutions, while including some form of virtual learning in their course line-ups, have remained doggedly tied to the traditional, in-person lecture-hall format for the majority of their classes. Talk about the need for a major revolution.
We believe that the Internet of Everything (IoE) is thecatalyst for a revolution that we necessarily need to see in higher education. In fact, I believe that IoE will take the industry by storm. Successful universities will quickly learn how the IoE can and is helping to create compelling, Connected Learning Experiences for faculty, staff, and students, and then they will begin leveraging this important trend to transform how they’re educating students now and in the future.
IoE is the networked connection of people, process, data, and things and represents the confluence of multiple technology trends: mobility (ubiquitous, high-speed mobile networks, smart devices, and apps); cloud computing, social networks, instant collaboration with anyone, anywhere; data analytics, and finally, an explosion in connected “things,” via inexpensive, intelligent sensors. IoE brings these elements together with standards-based IP networks, and Cisco projects that it will generate a staggering $19T in value over the next ten years. Of this, $258B of the IoE value-at-stake will come from solutions for Connected Learning alone.
The network, which is at the heart of IoE, must be stable, scalable, reliable, and capable of handling the increased rate of traffic from the explosion of mobile devices, the use of video, and the implementation of new applications for communications and collaboration. It must be safe, secure, wired, and wireless, easy to manage and administer, and it must be designed to meet future growth requirements.
A number of universities have embarked on major change initiatives that take advantage of the IoE shift, and they are yielding concrete results: San Jose State University, Duke University, the 4-Virginia Universities, and others. These institutions are providing ubiquitous wi-fi, access to a world of experts, immersive learning environments, collaborative workspaces, blended learning environments, and a sharing of courses, content, professors, and credit. They have acknowledged that change is coming and that new technologies are accelerating change.
We are kicking off Educause today in Orlando, and we will undoubtedly be hearing a lot about IoE this week. Come by and visit the team in our booth at #Edu14, and check out this SlideShare to learn more about how IoE is transforming Higher Education.
As organizations seek ways to maintain real-time connections with their workforce and customers in an increasingly digital and mobile-centered world, the growth of mobile cloud will be a major force in shaping the business landscape and future tech decisions. The first blog post in this series, by Padmasree Warrior, explores how the convergence of mobility and cloud will deliver unprecedented transformation for all organizations. The second blog post in this series, by Sujai Hajela, answers the question of what mobile cloud really is and how it continues to provide new business opportunities. In the third post, Joe Cozzolino looks at what mobile cloud means for service providers and enterprises. In the fourth blog, Michael Fuhrman discusses the need for end-to-end security in a mobile cloud environment. And finally, this post will discuss actions that CXOs should take concerning cloud technology.
Our recent mobility landscape study showed that organizations are looking for ways to maintain real-time connections with their workforce and customers in an increasingly digital and mobile-centered world. The growth of mobile cloud is a major force in shaping the business landscape and future tech decisions. This blog series explores how the convergence of mobility and cloud will deliver unprecedented transformation for all organizations.
In this final post, Hans Hwang outlines two case studies where clients have used the reach of mobile cloud to improve customer interactions using real-time technology and results and speaks directly to business leaders on how to achieve the results they desire from mobile cloud technology.
In this series, we have covered a lot about what mobile cloud is and its capabilities, but can mobile cloud give you a return on your investment? As a Services leader, I see a lot of opportunity for you to get going with mobile cloud as a differentiator for your business. I’d like to close by talking about business outcomes. What is it you’d like to achieve? Increased efficiency? Reduced operating expenses? More revenue? A better experience for your customers? Or is it all of the above?
Let’s face it: your customers and your boss don’t care what particular technology you use to deliver results. They only care that you get there fast with minimal risk – and without extra funding. Investing in mobile cloud could be just your ticket, so let’s talk about business outcomes.