This year we launched the first annual Research Symposium at the IoT World Forum in Chicago. This Symposium brought together scholars, industry leaders and visionaries from across the world to discuss how academia and industry can partner to address the challenges and the opportunities that IoT presents.
We were delighted to be joined by impressive speakers. CEO of Enduring Hydro and former Undersecretary of the U.S. Department of Energy Dr. Kristina Johnson, Stanford University Professor Balaji Prabakar, and World Bank Senior Transport Specialist Dr. Shomik Mehndiratta offered their perspectives on how IoT can improve our cities and societies by transforming how we approach everything from transportation to energy. Purdue University Professor Douglas Comer helped us understand what is required to make IoT interoperable. Read More »
Tags: academia, innovation, IoT, IoTWF, research, university
The Internet of Everything (IoE) is not only disrupting traditional business models, it is also disrupting innovation itself.
While the focus at this week’s 2nd annual Internet of Things World Forum (IOTWF) here in Chicago is on capturing the accelerated opportunity of connected things, we believe there is even greater opportunity with the Internet of Everything: the networked connection of people, processes, data AND things. IoE is already transforming business outcomes, but in order to capture the full potential of its $19 trillion economic opportunity we will need to cultivate new skill sets and ways of thinking by both established organizations and 21st century entrepreneurs.
This, in turn, requires new types of collaborations and investment mechanisms among industry, government and academia to incubate innovative ideas and turn them into commercial, scalable solutions for the betterment of society.
I am very proud of one such exemplary collaboration between the Cisco Entrepreneurs in Residence (Cisco EIR) program, led by Mala Anand, SVP of Services Platforms (“Open innovation: Harnessing the ideas, talent and passion of the startup eco-system”), and the Chicago Innovation Exchange (CIE), a startup incubator affiliated with the University of Chicago, Argonne National Laboratory and other leading technology organizations in the greater Chicago area. This partnership, announced last April, aims to support the most promising early-stage startups in the region that are focused on game-changing IoE and Smart Cities solutions by bringing the expertise and resources of Cisco and CIE in a co-incubation environment.
Chicago Innovation Center + Cisco Entrepreneurs in Residence First Startup in Chicago
During ceremonies earlier today at the grand opening of CIE’s highly anticipated new facility, I had the pleasure of joining Illinois Governor Pat Quinn, Chicago Mayor Rahm Emanuel, University of Chicago President Robert Zimmer and CIE Executive Director John Flavin to personally acknowledge the first startup to join the co-incubation program of Cisco and CIE – Embedor Technologies.
Spun out of the University of Illinois at Urbana-Champaign Research Park, Embedor’s IoE solution enables continuous real-time structural health monitoring of civil infrastructure, such as bridges, by using wireless smart sensors linked to the Internet. As a result, infrastructure owners can improve the reliability of inspections, reduce maintenance costs and reduce catastrophic bridge failures.
Embedor will receive strategic funding and mentoring from domain experts and access to resources, including CIE’s local co-working space. We are excited about this opportunity to partner with a startup that has the potential to accelerate our Smart Cities strategy and to further catalyze the entrepreneurial momentum building in Chicago.
Cisco knows the emerging IoE opportunity is too vast, complex and new for any one organization to develop alone. The journey must be a collaborative effort by an ecosystem, and startups have a particularly important role to play. Cisco EIR is connecting Cisco with high-potential IoE startups in key innovation hubs around the world, including Silicon Valley, Chicago, San Diego and Central Europe (Vienna, Austria).
In addition to the EIR program, Cisco nurtures innovation and entrepreneurs through Cisco Centers of Innovation (six announced and more on the way), the IoE Venture Fund (invested in 18 companies globally in the past 12 months), an ecosystem of developer communities, the IoT/IoE Grand Challenges and Hackathons.
Cisco passionately believes that IoE is the biggest technological inflection point in modern history – bigger than the Internet itself. It will take a collective effort globally and locally to help accelerate this unprecedented opportunity to improve the way we live, work, play and learn.
Tags: chicago innovation center, Cisco, Cisco Entrepreneurs in Residence, ciscoeir, entrepreneurs, entrepreneurship, innovation, Internet of Everything, internet of things, Internet of Things World Forum, IoE, IoT, IoTWF, Mala Anand, startups, Wim Elfrink
This is part 4 of the “Your Business Powered By Cisco Customer Solutions Architecture (CSA)” blog series.
Enabling & Delivering Cloud-based Security Services -- Managed Threat Defense
Many enterprises (30%) have been leveraging cloud services cautiously or only in an internal (private) cloud manner. The reasons for this vary but these are the most common:
- IT applications (~80%) are not cloud enabled i.e. traditional client server apps or non-x86 apps
- Perceived security and performance concerns
- Perceived lack of control and loss of IT governance and policy
While these reasons are valid, the evolution of cloud services and the ability to transform traditional IT services, governance, and policy controls mean this Cisco CSA can now address these reasons.
This use case example focuses on Security because it is a major consideration for most customers. The market growth for security is driven by increased demand for security applications such as network security and “confidentiality” of services. Security services are seen as an emerging market and are expected to grow to $40B by 2017. Managed Threat Defense is projected to be $3.7B of that $40B. Read More »
Tags: 700 IoT Products and Solutions, cisco customer architecture solutions, cloud, csa, IoE, IoT, security, Service Provider, virtualization
The Internet of Things (IoT) is here and driving change in every industry, including the private sector. As companies begin to widely create Internet of Things innovations, businesses are adapting and connecting the unconnected and advancing their business goals. There is approximately $14.4 trillion at stake in the private sector over the next 10 years – and as our panelists today will share, the value realized by introducing their business to the Internet of Things has already been enormous.
In a discussion moderated by Chris, White, Cisco Senior Vice President of Sales for Internet of Everything, our panelists will be sharing how they have deployed Cisco technology to capture the value added by the Internet of Things – and how they are translating that into business outcomes and industry leadership today. Read More »
Tags: Cisco, Internet of Everything, internet of things, IoE, IoT, IoTWF
It has been 15 years since Kevin Ashton popularized the term the Internet of Things. How could we have known then what that would come to mean and the huge impact that it would have on our lives? Cisco projects that 50 Billion things (or devices) will be connected to the Internet by 2020; or, the equivalent of 6 devices for every person on the planet. This exponential growth of connected devices is fundamentally impacting both society and the economy—changing our lives forever.
However, with all of our focus and media attention on the Internet of Things, we are really missing the fundamental technology revolutions that are reshaping our world. Radical advances in processing, storage, wireless technologies and new ways of delivering technology are reshaping our world -- all at a much faster speed and drastically reduced price.
In my view, the Internet of Things is really a short-hand for the five technology pillars that are shaping a revolutionary new, connected world. Read More »
Tags: Big Data, Cisco, cloud, devices, IoE, IoT, mobile, mobility, monetization, public wifi, security, Smart Cities, things, wifi, wireless