As a connected consumer, I can buy a book, plan a vacation, or choose a movie from any number of devices and from any location (home, office, car, or airport!). These interactions are not only convenient, they are more and more highly personalized and tailored to my likes and dislikes. We have all experienced this on Amazon and other commerce sites.
Unfortunately, we don’t get this experience from many banks.
In a Cisco survey of more than 7000 smartphone users and bank customers in 12 countries, 43 percent said that their primary bank did not understand their individual needs. Bank customers in China (54 percent), Brazil (52 percent), Mexico (49 percent), and India (46 percent) felt even more disconnected (see chart below).
Source: Cisco Consulting Services, 2015
Read More »
Tags: banking, Cisco, Cisco Consulting Services, data analytics, Digital transformation, Financial Services, hyper-relevance, innovation, Internet of Everything, internet of things, IoE, IoT, Mike Riegel, thought leadership
This is the time of year when summer vacations end and students head back to the classroom. For those of us who have school-age children like me, it’s important that we know that their academic environment provides access to tools and information that will ensure successful learning. Knowledge of our children’s academic resources gives us the power to help shape their educational outcomes.
Perhaps surprisingly, improving young minds is a bit like improving network operations. As in academia, IT environments are highly dynamic – networks support multiple office locations, configurations change frequently to meet business demands and applications require flexibility to meet future trends, such as the Internet of Everything (IoE). Network operations are optimized when IT teams have access to the resources and device data they need to ensure successful business outcomes.
School is in Session: A Network Operations Aptitude Quiz
Do you know if you have all right automation and analytic tools to effectively manage the operational lifecycle of your network equipment? Here’s a simple network “IQ” test to find out. For the following questions, answer “yes” or “no”: Read More »
Tags: Internet of Everything, IoE, network optimization, smart net total care
The world is awash in data, and 90 percent of it was created in the last two years.1 In fact, every day we create 2.5 quintillion bytes of data2 and that number is growing exponentially. The explosive growth of the Internet of Things (IoT) promises to add to this data glut, with 40 percent of all data coming from sensors by 2020.3 Today, a jet engine may generate 1 terabyte of data in a single flight,4 and a major global retailer collects 2.5 petabytes of customer day each hour.5 Yet 99.5 percent of all this data is never used or analyzed.6
Read More »
Tags: analytics, Cisco, edge computing, Fog computing, Internet of Everything, internet of things, IoE, IoT, Maciej Kranz
As more people, process, devices and data become linked together through the Internet of Everything (IoE), the benefits from those connections become more widespread. While IoE is often discussed in terms of the future, it is already helping employees more effectively perform their jobs, turning cities into energy- and cost-saving urban centers and redefining how state and federal government agencies serve their constituents.
Both personally and professionally, connecting the unconnected is changing daily life. This is no different in the defense and intelligence community, where IoE technologies are improving military operations at home and around the world. In fact, one of the best examples of IoE’s influence can be seen through the creation of smart and connected bases.
Bases are the hub of everyday life for millions of military servicemen and women around the world. They function like small cities, with everything from residences, hospitals, office buildings, police stations and more. Bases are vital to the everyday operations of our military and require significant investment to maintain their infrastructure and functionality. IoE connected technologies are helping daily processes and life on a base run more efficiently. Smart and connected bases save money, reduce wasted time and free up personnel to perform more mission-critical tasks.
For example, RFID sensor systems can support security at base entrances. These sensors can read an RFID tag on approaching cars to identify active duty service members. The guard on duty will receive an automatic signal notifying him or her that those vehicles are approved for automated entry, allowing service members to be admitted onto the base at an automatic gate kiosk. This reduces required manpower at the gate, decreases wait times during rush hour and allows security forces to focus on unidentified and unregistered vehicles that may pose a threat or require entry assistance.
Read More »
Tags: #IoE, government, Internet of Everything, internet of things, IoE, IoT, military
Much has been published in the industry about how automation will result in job loss e.g. the book, The Second Machine Age, as an example.
Further, the question is obvious as to whether or not the skills you have today will be relevant tomorrow?
Such discussions have been occurring for the past several years since the financial crisis of 2008; and the question now pondered by enterprises and governments is :
- How do we grow the middle class?
- How do we provide skills to under-served communities?
Read More »
Tags: Cisco, connected devices, Disruption, future of technology, innovation, inter-cloud, IoE, jobs, security