During a panel on IoE in Business last week, Stanley Black & Decker announced the results and estimated productivity savings, upside revenue, and risk cost avoidance of a new Connected Factory Wireless implementation conducted with Cisco and AeroScout Industrial. In partnership with AeroScout, we’re excited to share the details on how Stanley Black & Decker has transformed manufacturing operations with IoT.
Visit our post on the IoE Blog where Patrick Gilbert, AeroScout Industrial and I share details about Stanley Black & Decker’s plant in Reynosa, Mexico and best practices that helped Stanley Black & Decker improve labor utilization by 12 percent, increase throughput by around 10 percent, and reduce material inventory carrying costs by 10 percent.
Blog authored by Chet Namboodri, Cisco and Patrick Gilbert, AeroScout Industrial
Last week, at an Internet of Everything event in Chicago, Cisco and its partners showcased how an increase in connected devices is improving lives and businesses in both private and public sectors. From connected energy to more efficient hospitals to smart cities, the Internet of Everything (IoE) is producing real, transformative results. Amongst industries—even considering all of the existing automation and controls implementations from the last 50+ years—manufacturing has the most potential for growth and development by connecting the unconnected, estimated by Cisco to have nearly $4 trillion in IoE opportunity value at stake through 2022.
During a panel on IoE in Business, Stanley Black & Decker announced the results and estimated productivity savings, upside revenue, and risk cost avoidance of a new Connected Factory Wireless implementation conducted with Cisco and AeroScout Industrial. Stanley Black & Decker, headquartered in New Britain, Connecticut, is a leading global provider of hand tools, power tools and related accessories, mechanical access solutions, electronic security and monitoring systems, and products and services for industrial applications. They’re generally familiar to anyone who’s ever tried their hand at remodeling or handiwork. In 2005, Stanley Black & Decker opened a new plant in Reynosa, Mexico, to manufacture dozens of products, such as jigsaws, planers, cordless drills, floodlights, and screwdrivers for the DeWALT brand and lawnmowers for the Black & Decker brand.
The Internet of Everything (IoE) is becoming more real than ever, particularly in education. As we begin to see this massive transformation taking place, schools for both K-12 and higher education are utilizing Cisco networks to run applications and pilot projects that benefit both the students and the faculty. We expect to see more and more of these examples in education, specifically, as schools, colleges, and universities find new and different ways to leverage these technologies.
Schools and colleges have proven that initiatives around Bring Your own Device (BYOD) and Connected Learning are part of the bigger picture when connecting people, process, data and things. But what may not immediately come to mind is that IoE can drive energy efficiency for colleges.
On Tuesday, July 22, journalists and analysts heard from Chicago-based leaders in local government, public safety and education about the impact of IoE in public sector during Cisco’s two-day IoE and Innovation event held in the Windy City. Read More »
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.
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.
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!
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.