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Predictive Maintenance: The Business Impact of IoE for Mining Companies

What if an industrial vehicle or piece of equipment could tell you to change a part or warn you before it breaks?  The impact for mining and other industrial companies would be tremendous in terms of reduced downtime and maintenance costs.  As I spent time with mining executives at the recent SAP Mining Forum, many interesting discussions were around the impact of the Internet of Things (IoT) in their operations. In fact, Cisco and SAP have been working on using (or ‘mining’) the wealth of data from sensors and machines in new and innovative ways.  

The most immediate impact of IoT on mining is in the improvements to maintenance of mining heavy machinery and assets.  Based on the many conversations I have had with industry experts,  it is apparent that many in the mining industry  are using a ‘break to fix’ mentality on their assets.  They ‘push’ the asset to a point that it breaks.  The issue here is that this approach is unpredictable and incredibly costly to the operations of the business. Waiting until a machine breaks leads to downtime which leads to lost revenue. Read More »

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Ensuring Security and Trust Stewardship and Accountability

In our increasingly interconnected world, the Internet of Everything is making trust a critical element of how people use network-connected devices to work, play, live, and learn. The relentless rise in information security breaches underscores the deep need for enterprises and governments alike to trust that their systems, data, business partners, customers, and citizens are safe.

Consequently, I see an evolution taking place regarding accountability in cybersecurity moving up to the boardroom level, an issue I discussed earlier this year in Fortune. In a recent Information Systems Audit and Control Association (ISACA) report, 55 percent of corporate directors revealed that they have to personally understand and manage cyber as a risk area. The National Association of Corporate Directors recently published a document on corporate directors’ ownership and management of risk in cyber for public companies. In March of this year, an SEC commissioner said that the SEC plans to create a requirement for corporate directors regarding managing cybersecurity as a risk.

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Go Mercedes, and Leave the Driving to IoE

As they speed through the clouds, most air travelers are comfortable knowing that their pilot is not actually bothering to fly the plane. On the open highway, however, it may be harder to accept truck drivers who take their hands off the wheel to text, watch movies, or gaze at the scenery as it rolls lazily by.

Yet self-driving trucks could become a common sight in coming years. One company at the forefront of this technology is Daimler’s Mercedes-Benz brand. Recently, the company demonstrated its “Future Truck 2025” concept, with a modified vehicle that cruised down the autobahn at a top speed of 53 MPH. The driver was able to switch at will between manual control and the automated Highway Pilot system,.

I see the Highway Pilot as an exciting example of how the Internet of Everything (IoE) connects the unconnected. Using a convergence of innovations that leverage Wi-Fi, data analytics, radar, GPS, and stereo video sensors, Highway Pilot steers the truck, senses other vehicles, and maintains the most efficient speed and route.  IN the process, it enables a whole new technology platform and business model. After all, many countries face a shortage of truck drivers; and fuel consumption issues and safety concerns persist — especially on long, grueling hauls.

I see the self-driving truck Read More »

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ISE and IOE

At a recent offsite, the Identity Services Engine (ISE) project team, and our InfoSec and Mobility teams spoke at length about how we will tackle the challenge of getting all Internet of Everything (IoE) devices securely on the network. Cisco IT has an aggressive schedule for the deployment of ISE capabilities in our FY15 (Fiscal Years in Cisco start on August 1 and go to the following calendar year July 30). Read More »

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The Internet of Things: Moving Beyond the Hype

We recently wrapped up a spectacular Internet of Things World Forum 2014 (IoTWF) in Chicago.  By reviewing the highlights, it’s clear that the Internet of Things is here, it’s now… it’s big, and it’s bold. And by all accounts, IoT is advancing multiple times faster than any other technology movement in history.

More than 1,500 thought and industry leaders shared visions and real-world use cases of IoT adoption and advancement, ranging from mining and oil and gas operations to caring for the elderly with remote- and self-controlled robots. Our second annual event featured 13 keynotes and 36 workshops laser focused on setting a strong foundation for IoT developments, encompassing security, standards, protocols, governance models and much more.

We had an opportunity to hear from Chicago Mayor Rahm Emanuel, Deputy Mayor Steve Koch, and CIO Brenna Berman, who in addition to their hospitality shared with us their goal of establishing Chicago as THE IoT Center for cities.

Participants learned that while IoT gets most of the current buzz from consumer-driven products, more rapid growth and value are shifting rapidly to enterprise-wide applications that already have improved operational performance and efficiency. Today, 37% of total device (things) connections to the Internet come from industrial applications, and industrial connections will surpass consumer-based connections in 2017.

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