In the past couple of years, I have been delighted to see how the digital revolution has accelerated the pace of innovation at warp speed. It has been even more gratifying, however, to experience how this trend has disrupted traditional relationships between technology suppliers and their customers.
Today, the most successful suppliers and customers have become more like trusted partners co-innovating solutions together. Fading fast are the days when the relationship between seller and buyer consisted of a handshake and a few check-in calls before re-engaging again when contract renewals came up. Read More »
Tags: Alex Goryachev, chuck robbins, data analytics, Internet of Everything, IoE, IoE Innovation Center, john chambers, Peter Diamandis
The only thing that remains constant is change.
It’s an old adage. While it has always been true, it’s especially relevant now. Today’s pace of technology change is akin to a vortex, relentlessly and chaotically sweeping everything into its spiral path, demanding digitization. As with a real vortex, the force of this change is too strong to ignore and those objects (or business models) that fail to adapt will break apart and fall away.
Indeed, digital disruption has the potential to overturn incumbents and reshape markets faster than perhaps any force in history. Organizations that do not drive their own digital business transformation will be left behind. Those that do will be pulled toward a “digital center” in which business models, offerings, and value chains are digitized driving new revenue streams and substantive business outcomes.
The driver behind this pace of disruption is the Internet of Everything (IoE), the networked connection of people, process, data, and things. Cisco projects these connections to surge from 15 billion today to some 50 billion by the end of the decade. IoE is sowing disruption, certainly — but it is a force for disruption and creation. With a total Value at Stake of $19 trillion from 2013 to 2022, IoE represents a profound market transition — and opportunity.
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Tags: Cisco, digital business, digital disruption, Digital transformation, digital vortex, IMD, innovation, Internet of Everything, IoE, leadership, research, thought leadership
Guest Blog by Igor Dayen, SP Product and Solutions Marketing
June 7, 2015 was the day when Cisco Live was officially kicked off in San Diego. 25,000 attendees came together to open the next chapter in Cisco’s history. The convention center and surrounding area was buzzing with excitement, with conversations including and focused on security, service provider, app development and becoming digital, to name a few. An additional 80,000 joined Cisco Live online throughout the week.
John Chambers, Cisco CEO, emotionally delivered his 20th and final Cisco Live Welcome Keynote address where he shared Cisco’s vision one final time with our customers. The keynote featured a Read More »
Tags: #CLUS, announcement, chuck robbins, Cisco, Cisco cloud, demos, epn, firepower 9300, IoE, john chambers, keynote, Service Provider, Service Provider Security, virtualization, world of solutions
We’ve all seen how connected products can transform industries in areas like home energy management and personal health, and manufacturing is no exception. When products communicate back to their original makers, the manufacturers can detect production flaws well before customers would need to raise warranty claims. Further, product usage data can become the core of value delivered to the customer. Now that we have Fitbit and Jawbone UP, would you ever consider buying a traditional pedometer whose only method of telling you steps is on an LCD display? These ideas can be applied to machines on the factory floor too.
In a previous blog post on the Connected Factory, I shared how Cisco’s validated designs combine best practices from operational technology (OT) and IT into robust and secure networks. I also addressed how wireless connectivity can enable a more effective workforce and how digital transformation with real-time production analytics improves quality. Read More »
Tags: Cisco, Cisco Connected Factory, Digital transformation, Internet of Everything, internet of things, IoE, IoT, Manufacturing, Tony Shakib
At Cisco, we have invested significant time, money and resources into igniting innovation around the Internet of Everything (IoE) both inside and outside the company.
Since fostering an innovation ecosystem is so critical to the success of IoE, last year we launched the global Innovation Grand Challenge. The risk-reward ratio was high, but with a lot of hard work – at Cisco and with partners — the Challenge was a resounding success by all accounts: more than 1,000 entries from 171 countries.
The winners were announced at the IoT World Forum in Chicago last October, and they received not only prize money, resources and mentorships – but also valuable publicity. Driven by the success of the initial Challenge, the IoTWF Steering Committee recently decided to launch a second Innovation Grand Challenge, and this year’s winners will be announced in December at the World Forum in Dubai. Read More »
Tags: Grand Challenge, innovation, Internet of Everything, IoE, IoT, IoTWF