Well, 2013 was a whirlwind and the first month of 2014 has flown by with hypersonic speed. We are definitely living in very unique and interesting times. As I reflect on the past year, one obvious theme or revelation always comes to the forefront…..technology and the use of it is the common fabric that enables change in our lives, whether its social, economic or environmental. The use of or the abuse of technology has always been the underpinning foundation for change.
The beginning of the New Year is always interesting and fun for me. I’m always intrigued, fascinated and often times amused by the pundits, prognosticators, “experts”, fortune tellers and the like who have never been shy about offering their viewpoints and perspectives on the trends and movements of the coming year.
Manufacturing is no exception. There are no shortage of predictions and trends being applied to the manufacturing industry. One of the common technology trends being cited is the Internet of Everything’s impact on the industry. My colleague Chet Namboodri wrote an outstanding blog entitled, “Predictions 2014: Wager on the Internet of Everything” He leverages the expertise and research from Bob Parker, IDC Group Vice- President, to provide insights and predictions on how IoE will have a profound impact on manufacturing markets and industries.
I think we can all agree that we are living in amazing times with wonderful possibilities. The world is “smaller” and more connected. The changes we promote and execute against will affect not only our next-door neighbor, but our trans-continental neighbors.
2014 will be a year that builds on the momentum of mobile, cloud, the Internet of Things (IoT) and the Internet of Everything (IoE). How can your organization realize value from today’s new model for IT?
Here’s my take on the trends we will see over the next twelve months:
Increasing urgency to manage our zettabyte-driven world.
The need for hybrid cloud adoption.
A revolution in software and new IoE platforms.
The rise in thinking about security holistically.
The Internet of Me finally arrives: real personalized, mobile, cloud-based experiences.
The Internet of Everything is happening now.
If you think technology has infiltrated your life, just wait. You can feel the potential for monumental change as we begin to interconnect the physical and virtual worlds.
In my travels, I am fortunate to see new and interesting innovations, emerging technologies and trends. Of course, the growth of mobile and cloud technologies continues to shape our work and lives. 2014 will be a year that builds on the momentum of these trends, along with IoT, with more connected people, processes data and things than ever before. Here’s my take on the most significant things we’ll see in 2014.
1. Increasing urgency to manage our zettabyte-driven world.
The proliferation of mobile devices, streaming video and explosion of applications has meant that global IP traffic has exploded more than 4x in the past 5 years. IP traffic will again triple over the next 5 years. In 2013, we generated a momentous 1.2 zettabytes of new information and 70 billion apps were downloaded. Wireless traffic will exceed wired traffic and video-on-demand traffic will nearly triple in three years.
We live in a time of tremendous and challenging technological disruptions. Yet it is also a time when the opportunities for business transformation are equally vast and impactful. This is particularly true for the retail industry.
The wave of change, which Cisco calls the Internet of Everything (IoE), is fast-moving, and retailers will need to adapt quickly or be left behind. After all, this explosion in connectivity — from 10 billion things today to 50 billion in 2020 — will demand a new paradigm: the IoE-Ready Retailer. And it will enable vast improvements in customer experience, employee productivity, and supply-chain efficiency, while allowing retailers to know their customers like never before.
Cisco’s research into this new dimension in connectivity among people, process, data, and things — and the overall Value at Stake over the next 10 years —presents some mind-boggling numbers: $14.4 trillion for the private sector overall and another $4.6 trillion for public sector organizations.
As per Cisco’s estimate, the retail industry will account for 11 percent of the total IoE private sector Value at Stake over the next 10 years — second only to the manufacturing industry. Cisco believes that success for retailers will hinge particularly on their ability to apply technology to improve the “people” and “process” aspects of their businesses, and to be able to offer unique, new connected experiences to the average shopper.
Cisco’s new research, which explores how the average consumer is thinking and adopting these connected experiences, uncovers some startling facts. Consumers now research, compare, and purchase products with one-click ease. The population of ever-connected, digital natives is increasing at unprecedented rates (60%+ year over year). This affords sellers with a wealth of real-time data insights that can help them stock the right products and present them in novel ways.
One of the greatest changes taking place today in the energy industry is the increased need for information from every aspect of the grid. Utilities need detailed data to meet regulatory requirements and to understand the grid’s condition on a granular level. They need to understand the grid’s condition from moment to moment – helping to cost-effectively balance load and assure reliability.
To help realize the opportunities in a connected grid, Cisco has a Unified Field Area Network (FAN) Architecture and Distribution Automation solutions that can extend the utility communications network out to the field and substation device. They help to enable a new level of secure manageability and control on a single integrated architecture. To learn more about these, register for and join:
In this webinar you will learn how Cisco is helping Utilities design and deploy an end-to-end communication infrastructure that creates greater value. Technology experts will be on hand to answer your questions on Cisco FAN Architecture, distribution automation, security and incident response, as well as the future of utilities and IoT!