Since Henry Ford, the alchemy of turning raw materials into mass-produced products has been complicated and challenging. At best, it has been a delicate and precarious balancing act; at worst, something akin to herding cats.
The trick has always been to align ever-shifting patterns of customer demand with far-flung ecosystems of miners, designers, suppliers, engineers, factory workers, truck drivers, sellers, and so forth. Yet the process of orchestrating such intricate value chains has often been based on art (hunches) more than science (data).
Today, however, the Internet of Everything (IoE) — the ongoing explosion in networked connectivity among people, process, data, and things — is transforming manufacturing in startling ways, just as it is changing so many other industries.
IoE delivers seamless, intelligent connections to every corner of the manufacturing value chain, optimizing the flow of products, information, and payments in real time.
The Cisco IoE Value Index study found that in 2013, manufacturing had the largest potential share of IoE Value at Stake, at $224 billion. Yet, it was poised to realize only 46 percent of that potential bottom-line value. The key to closing that gap lies in much-improved machine-to-machine and machine-to-people connections, resulting in smart factories, smart grids, and connected supply chains, among many other IoE-related innovations.
Last week, I got a great response to a blog on ‘Making Smarter Manufacturing and IoT a Reality Today’, where I illustrated some use-case business scenarios and strategies to leverage the IoT industry trends now. One way savvy manufacturers, industrial companies and supply chain and operations teams stay current with evolving trends like IoT is to send their key players to industry educational and networking opportunities. One such opportunity to learn how to better leverage IoT for improved real-time decision support, amongst many other benefits, is coming up. The Automation Conference is a professional, educational event hosted by the editors of Automation World and Packaging World and is happening at the Chicago O’Hare Marriott from May 20th to 21st.
Cisco is proud to be one of the sponsors at this event, which is focused on delivering practical application advice and visionary insights for automation and control engineers, operations and engineering management, manufacturing systems/IT and networking professionals, as well as industrial systems engineers, machinery designers and software development professionals involved with discrete and process industries and production operations. Many of these industry leaders are wrestling with not just how to leverage IoT, but also key manufacturing issues and opportunities around industrial cybersecurity in production operations, reducing costs, improving efficiences, building new business capabilities and revenue streams and addressing skills gaps.
Despite its overwhelming business benefits, the Internet of Things (IoT) also significantly increases security risks. That’s why Cisco is pleased to announce the IoT Security Grand Challenge, an industry-wide initiative to bring the global security community together to secure the IoT, and deliver intelligent cybersecurity for the real world – before, during, and after an attack. Winners will be awarded $50,000 in prize money and be publicly announced at the IoT World Forum this Fall!
Despite its overwhelming business benefits, the Internet of Things (IoT) also significantly increases security risks, via a dramatic increase in attack surface and diversity of potential threats. And since IoT is a significant component of the larger Internet of Everything (IoE) market transition that combines connected devices with people, process, and data, it’s even more imperative that we ensure that the things we connect are secure. To achieve this goal, the security community needs to work together to develop innovative security measures.
That’s why Cisco is pleased to announce the IoT Security Grand Challenge, an industry-wide initiative to bring the global security community together to secure the IoT, and deliver intelligent cybersecurity for the real world -- before, during, and after an attack. Companies and individuals are invited to develop solutions for one of three focus areas -- Malware Defense, Security Credential Management, and Privacy Protection. Cisco will select up to six winners, each of whom will be awarded $50,000 USD. The winners will be announced at the IoT World Forum this Fall.
Interested in participating? Visit www.CiscoSecurityGrandChallenge.com for full details about the challenge and begin preparing a response. Submissions are due June 17th, so get started right away. Good luck!
This week marks the 25th anniversary of the World Wide Web, an important milestone as we look at how far we’ve come and how the Internet of Everything (IoE) is shaping our future.
Developed by Sir Tim Berners-Lee, a researcher at CERN, the Web was borne from the need to keep track of complex, large-scale projects without the loss of important information. We’ve come a long ways since March 1989, when Berners-Lee published his idea of “linked information systems.”
Today, IoE is driving connections beyond just data. The convergence of connecting people, things, data and processes is transforming organizations, industries and our lives. The growth of mobility and cloud computing is further driving innovation and an increase in the number and kinds of connections.
To illustrate this transformation, let’s take a quick look at life just two decades ago. According to a new national survey to mark the 25th anniversary of the Web, Pew Research revealed that in 1995, 42 percent of U.S. adults had never heard of the Internet and an additional 21 percent were vague on the concept—they knew it had something to do with computers and that was about it. In addition, 20 years ago, only 14 percent had access to the Internet.