We all know that Big Data is getting bigger. And, the gap between the amount of data with hidden value and the amount of value that is actually extracted keeps widening. In fact, according to IDC, less than 1 percent of the world’s data is currently being analyzed. What good is data if it doesn’t produce actionable insights that generate improved outcomes?
A large portion of the world’s data is produced by the billions of connected objects that make up the Internet of Things (IoT), a critical enabler of the Internet of Everything. In Cisco Consulting Services, we recently conducted a blind global survey to learn more about how organizations are harnessing IoT to transform their businesses — and what they can do to drive more value. Read More »
Tags: connected analytics, data analytics, edge computing, future worker, Internet of Everything, internet of things, IoE, IoT
There’s a lot at stake—$19 trillion in fact—as companies transform into digital businesses to capture value from the Internet of Everything (IoE). More than 42 percent of this value, or $8 trillion, will come from one of IoE’s chief enablers, the Internet of Things (IoT). While IoE is the networked connection of people, process, data, and things, IoT is the intelligent connectivity of physical devices that is driving massive gains in efficiency, business growth, and quality of life. So why worry about IoT when we have IoE? Simple, IoT often represents the quickest path to IoE and the $19 trillion that’s there for the taking.
Cisco Consulting Services recently conducted a blind global survey to Read More »
Tags: connected analytics, data analytics, edge computing, future workforce, Internet of Everything, internet of things, IoE, IoT
Ten large oil refineries produce about 10 terabytes of data each day, which equates to the entire printed collection of the U.S. Library of Congress.
One modernized city the size of Singapore can generate about 2.5 petabytes of data every day, which translates to all U.S. academic research libraries combined.
And with more than 14 billion, data-transmitting devices connected to the Internet today, growing to 50 billion by 2020, it is little wonder that most of us are overwhelmed by this mind-boggling explosion of data.
Turning this flood of raw data into useful information and even wisdom for better business decisions and quality of life experiences is what the Internet of Everything (IoE) is all about. This is a daunting task. According to IDC Research, just .5% of all data is used or analyzed, and online data volumes are doubling every two years from a combination of mobile devices, videos, sensors, M2M, social media, applications and much more.
Connected Analytics Portfolio
Last Thursday, however, Cisco unveiled our Connected Analytics portfolio for the Internet of Everything, a unique approach that includes software packages to bring analytics to the data, regardless of its location or whether it is in motion or at rest. This new generation of analytics tools for IoE can convert more and more data into valuable intelligence — from the inter cloud, to the data center to the network’s edge.
Read More »
Tags: analytics, Big Data, Cisco, Fog, Internet of Everything, internet of things, IoE, IoT, Process Improvement, Wim Elfrink
Forward-thinking faculty members and staff at San Jose State University are using Internet of Everything technologies in innovative ways to transform education:
Project Assistant Quyen Grant is using Cisco collaboration technologies to expand learning across international borders, working with students and universities in Vietnam through the Social Work Education Enhancement Program (SWEEP); Advertising Professor John Delacruz is using Cisco TelePresence for his students to deliver final presentations to potential advertising clients who may be in remote locations. Julia Curry-Rodriguez, associate professor of Mexican American Studies, uses Cisco Lecture Capture to help non-native English speaking students improve their language skills.
These are just a few of the examples we learned about on December 10, 2014 at San Jose State University as they hosted global media, analysts, social media influencers, and Cisco for a series of roundtables that addressed how the Internet of Everything is impacting industries including education and the public and private sectors. Read More »
Tags: CiscoGEC, edtech, InternetofEverything, IoE, IoT, SJSU
In the modern world, terms like “big data”and “open data”are making their way from tech industry forums and into local innovation initiatives across cities.
And Kansas City, MO., is no exception. Earlier this year, Think Big Partners– based in the City of Fountains and aspiring to be one of the most entrepreneurial cities in the United States –began a new collaboration with Cisco to architect a new open data portal that will be complete with some of the city’s public data sets, and eventually data from participants in this broader initiative. The goal of this portal is to help the entrepreneurial community gain easy access to relevant data in order to cull and develop their own creative Internet of Things (IoT) applications.
This new portal is one component of a larger effort for Think Big Partners, Cisco and other innovative companies to work together to manage a Kansas City “living lab” for entrepreneurs and start-ups from all over the country to tap into. The lab is designed to incubate an open ecosystem for these entrepreneurs, innovation partners and other members of the start-up community to develop new applications and technologies to address some of Kansas City’s biggest challenges. The opportunity to deploy these emerging technologies onto a larger scale, industrial platform and test them will accelerate IoT innovation through a unique commercialization model.
During the Global Editors Conference this week, where I virtually participated in a media roundtable hosted at San Jose State University on how the Internet of Everything is impacting public sector, I spoke about how Think Big Partners and Cisco are helping to create a new journey for data and IoT innovation using the new data portal as the vessel for this journey.
This new open data portal will serve as an intersection for entrepreneurs to not only have easy access to the data available, but to help the data continue on its journey to the community through the form of new apps.
Applications that have already emerged as near term, high potential candidates include smart parking, using video as a sensor, and sensors that improve delivery of municipal services especially in the area of water.
Think Big has a history of working as an innovation partner for large companies and will use the living lab, along with our Internet of Things Innovation Lab, to short circuit proof of concept challenges for entrepreneurs while testing new technologies using actual use cases. The combination of data, devices and expertise will yield powerful results at a fraction of the historical costs of commercialization technology.
As we approach 2015, I look forward to seeing this data and applications continue on its journey as the Internet of Things entrepreneur community continues to innovate and create new apps that will enhance the lives of Kansas City residents and in turn, transform cities.
Follow the conversation on Twitter with @ThinkBigKC and #CiscoGEC
Tags: @thinkbigkc, BigData, CiscoGEC, InternetofEverything, IoE, Smart Cities, Smart+Connected