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The Internet of Everything in Business: a Roundtable Discussion

Yesterday afternoon, Cisco hosted an “Internet of Everything in Business” roundtable discussion--featuring executives from Stanley Black & Decker, AeroScout Industrial, salesforce.com and FH Celebration Health--which spotlighted how the Internet of Everything (IoE) is fueling transformative business outcomes and results … Today! In the session, our panelists discussed ways they are actually acquiring some of the $14+ trillion of global, private-sector value-at-stake estimated by Cisco to be available with IoE by 2022, and included real-world examples illustrating manufacturing and healthcare industry benefits.

Honing in on the panel portion related to my beloved industry, manufacturers are really leveraging IoT to improve operational efficiencies and productivity with reduced downtime, to accelerate to market faster and with new IoE-based Product-as-a-Service business models, and to drive more flexibility and agility into their supply chain operations, just as I’ve been referencing in recent blogs.

Yesterday’s panel representatives from Stanley Black & Decker and AeroScout Industrial provided highly repeatable manufacturing use case examples describing how they are already achieving benefits today, as well as helping their customers to capture value with IoE. Utilizing location based services, real-time productivity and work-in-progress (WIP) monitoring, manufacturing businesses are seeing a strong return on investment and improved safety and security in the workplace.

IoE MFG blog

Above, catch the roundtable--recorded live from Chicago--and learn amongst those IoE use case examples how Cisco Systems and AeroScout Industrial partnered to implement a productivity-and-throughput-driving solution at a Stanley Black & Decker (SB&D) plant in Reynosa, Mexico. And keep your eye on the Cisco IoE blog channel early next week for my deeper dive on that very real, high-impact, highly replicable SB&D customer case study. Thanks for reading!

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Launching Cisco Entrepreneurs in Residence in Europe

I recently wrote about how we are extending Cisco Entrepreneurs in Residence (EIR)  and our open innovation strategy beyond Silicon Valley through local incubation partners in Chicago, San Diego and Berkeley.  Our presence in these innovation hubs will enable us to discover, influence and learn from new ideas and talent at early-stage startups with potential to disrupt our industry.

Today, I am pleased to announce the launch of Cisco EIR Europe, extending our program to a non-U.S. innovation hub for the first time.  Cisco EIR will be located initially in Vienna, where we plan to launch a small cohort of early-stage European startups by January 2015 – to be supported & incubated by Cisco – drawn from across EMEAR.  As with Cisco EIR in Silicon Valley, we will look for game-changing entrepreneurs in IoE, security, Big Data/analytics, Smart Cities & other transformational opportunities that are in Cisco’s strategic line of sight.  Also as in our Silicon Valley program, the startups will be supported by Cisco engineering & product teams as well as our EMEAR partner ecosystem.  The Vienna-based program is intended to serve as the beachhead – our “Phase 1” – for a broader EU-wide footprint for Cisco EIR.

Key to our success is how we leverage the startup ecosystem that already exists in Europe.  To this end, starting in Vienna, we have partnered with Pioneers, a leading startup community organization in Europe.  More partnerships are in the works.

I know all of you will agree innovation knows no national boundaries.  Europe, with its deep entrepreneurial talent, large market and history of innovation, presents a unique opportunity for usEurope is also one of the key regions for our Smart Cities – as you saw from our recent announcement of a new Smart Cities initiative in Copenhagen, following similar projects in Barcelona, Amsterdam Chicago and Hamburg.

We are thrilled to forge relationships in the European startup community – and support entrepreneurs as partners in open innovation.

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Cisco Focus: The Year in Review

July 21, 2014 at 5:59 am PST

Everyone loves “year in review” articles, slideshows and wraps, right? Well, I do. Cisco’s fiscal year ends July 26, so I thought it would be an appropriate time to give our fiscal year in review for the Cisco Social Media team and all the great content that we produce week-in and week-out.

We created and run “The Network: Cisco’s Technology News Site.” This is where we have great journalists writing stories about the impact that technology has on your life or your business. We also create short, informative videos that highlight Cisco Innovators, our Leadership team, and other video series like “My Networked Life” or “City of the Future: Songdo, Korea.” And, whether you are a customer or partner…or are just interested in technology, we invite you and encourage you to take our content for your own site and re-use it or share it.

Last August, we launched our monthly digital magazine entitled “Focus.” Each month we do a deep dive on technology topics that we care about and that the industry cares about. You can see all the issues here.

Our Top 3 Issues this year:
1.       Technology in Education
2.       Women in Tech, and Read More »

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#InnovateThink Tweet Chat on Friday, July 18 at 10 a.m. PST: Fast IT: An IT Model for the #InternetOfEverything

As the Internet of Everything (IoE) continues to drive one of the most sweeping market transitions in history, organizations will need to be hyper-aware, predictive, and agile. And IT will demand an infrastructure that is flexible enough to keep pace with rapid change and fast innovation, as it responds dynamically to ever-rising threat levels. Above all, it must support business leaders looking to capture their share of the $19 trillion in IoE-related value at stake.

But a rethink on the traditional role of IT is critical. Today, IT cannot simply continue “keeping the lights on.” More than ever, IT must partner with the business as an orchestrator of services and a true leader in innovation. The new IT operating model for the IoE era is Fast IT. And it enables more efficient processes, better asset utilization, an increasingly productive employee base, and improved customer experiences.

Fast IT is the way forward for businesses looking to compete and thrive in the rapidly changing IoE economy. Is your organization ready for the transformation?

Here are a few questions to consider as you evaluate your organization’s readiness:

  • How confident are you in your current network’s ability to propel your business into the future?
  • What are your top three concerns about your network?
  • What are the criteria you see as crucial for your organization to adopt a Fast IT model?
  • How will next-gen networking affect your IT staff, role and influence?

7 14 Cisco_IDG_Twitter v2

Join me on Twitter this Friday, July 18 at 10 a.m. PST/1 p.m. EST for insights and feedback about the #FutureOfIT, the #InternetofEverything and your organization in the #InnovateThink Tweet Chat.

Follow @JosephMBradley to learn more about the Internet of Everything and how companies must embrace Fast IT to fully maximize the value of the Internet of Everything for both themselves and their customers. Join the discussion by simply using hashtags #InnovateThink and #FutureOfIT on Twitter to join the conversation.

Learn more about the role of Fast IT in an Internet of Everything world:

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Summary: Survey Says: Fast IT is a Game-Changer

Over the last couple of months we have talked about the need to think about your IT model in a new way in order to thrive in the Internet of Everything (IoE).

As we know, the Internet of Everything—the intelligent connection of people, processes, data and things—has exploded in recent months. Alongside that growth, the pace of change across business and technology is occurring faster than ever and IT must innovate at a speed and scale to match. In order to capture the $19 trillion in IoE economic value, IT requires a new model.

This new model is Fast IT. Fast IT transforms and simplifies IT operations. It addresses the requirements IT needs to align to today’s business changes and organizational requirements.

In the IoE era, every company, no matter how venerable its brick-and-mortar roots, must think of itself as a technology company — creating digital capabilities that transform customer experiences, foster new revenue streams, spur productivity gains, or speed execution. Fast IT can drive this transformation.

Recently, Cisco undertook a multipronged research effort. We engaged Global Market Insite (GMI), a division of Lightspeed Research, to conduct a comprehensive global survey on the impacts of IoE on the IT function, and the extent to which Fast IT capabilities have been addressed from both a strategic and an architectural standpoint.

This soon-to-be-released research, the results of a comprehensive survey of more than 1,400 senior IT decision-makers across multiple vertical industries, provides insight into how IT can more successfully prepare for – and capitalize on – the Internet of Everything (IoE).

To learn more about our study, read the full article: Survey Says: Fast IT is a Game-Changer.

Think Fast, Act Fast: The Importance of Fast IT from Cisco Business Insights

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