Digital disruption is transforming virtually every role in every industry. Every day I see how the proliferation of online, mobile, and social interactions has created the need for completely new marketing strategies—and completely new skillsets for marketing professionals. We can see this same disruption across industries, as the Internet of Everything (IoE) creates fundamental transformation through the networked connection of people, process, data, and things.
For example, we recently published a new report that shows a global oil and gas (O&G) industry awash with disruption, and primed for digital transformation. Low oil prices have upended the sector, spurring an urgent rethinking of strategy by oil and gas executives—and accelerating the adoption of IoE.
This disruption is one of many factors impacting the oil and gas workforce today—from field workers all the way to the executive suite. Not only will new skills be required in an industry transformed by IoE, but new digital processes will also be needed to transfer knowledge, collaborate to solve problems in real time, and capture insights from a torrent of digital data.
To become agile enough to compete in the IoE Era, the oil and gas workforce must possess a mix of technical skills, industry knowledge, and business acumen. With talent shortages due to massive numbers of professionals retiring over the next few years—and a lack of necessary digital skills among those who remain— O&G firms need to make bold moves to transform their workforce strategy.
Extend the reach of existing expertise –Video-based collaboration can help bridge the expected talent gap by making the most of professional expertise that is spread too thin, as well as providing ongoing training throughout the organization. Video and web collaboration can effectively bring remote experts to any location, without the need for travel. For example, Saipem, an Italian oilfield services company, has employed high-definition video conferencing to cut travel costs, boost productivity, and provide subject-matter expertise throughout the company and with partners.
Real-time collaboration tools are increasingly important for far-flung oil and gas organizations.
The key to retail today is customer understanding —where each customer stands on his or her personal shopping journey, whether in-store or out. Retailers must “know” each shopper as never before. And they must offer the kinds of contextual, personally relevant experiences that will optimize their merchandise mix, create faster inventory turns, and drive greater customer engagement.
After all, the typical customer today is mobile, connected, and has heightened expectations. Many are accustomed to a deeper level of real-time interaction from innovative online retailers than from traditional brick-and-mortar stores.
Yet, as a recent Cisco study revealed, offline retailers – or retailers that combine on and offline capabilities – have their own unique advantages – if they step up to the opportunities of the Internet of Everything (IoE) economy. By blending the benefits of the physical store — such as the ability to touch, compare, and try on products — with the benefits of the virtual world, retailers can create a new value proposition that can’t be matched by their online-only competitors. In the process, they not only drive their own industry’s disruption but challenge for market leadership.
I recently delivered a keynote address called “The Internet of Things: What Does It Take to Make the Internet of Everything Real?” at the IoT Global Innovation Forum in Dallas.
I talked about the important linkage between the Internet of Things (IoT) and the next wave of the Internet — the Internet of Everything (IoE). For the uninitiated, the Internet of Things is the networked connection of physical objects. The Internet of Everything is the networked connection of those physical objects along with people, data, and process. Read More »
Just like private businesses, public sector organizations are taking advantage of today’s “boundless” infrastructures. They also face the same challenging reality when implementing those networks: a threat to data security. For public sector, the stakes are especially high. The proliferation of hackers, inevitable human errors, bring-your-own-device initiatives and the ever-broadening need to share information weigh heavily on government and education organizations, and consume substantial resources.
Against this backdrop, it’s more important than ever to be constantly discussing and innovating cybersecurity measures to keep networks safe. Cisco is not only an industry leader when it comes to providing cybersecurity solutions and services for the public sector, but it is also helping drive conversations with government and technology leaders around the country. In fact, Cisco will be attending a number of cyber-focused events over the next few months:
Cisco is a proud sponsor of the RSA Conference, an event that helps drive the information security agenda worldwide and plays an integral role in keeping security professionals across the globe connected and educated. Speakers will discuss everything from cloud computing to quantitative security, and include Secretary Jeh Johnson, Department of Homeland Security.
This year’s CyberTexas conference will explore the intersection of cyber security and the ‘Internet of Things’. Cisco’s Kurt Harris, Senior Systems Engineering Manager, is presenting on This session will explore the importance of securing the IoT and how these security challenges impact the enormous opportunity presented by the IoE for public sector in the future. This session will explore the importance of securing the IoT and how these security challenges impact the enormous opportunity presented by the IoE for public sector in the future. This session will explore the importance of securing the IoT and how these security challenges impact the enormous opportunity presented by the IoE for public sector in the future. This session will explore the importance of securing the IoT and how these security challenges impact the enormous opportunity presented by the IoE for public sector in the future. the importance of securing the Internet of Things and how security challenges impact the enormous opportunity presented by the Internet of Everything for public sector in the future. Cisco is also sponsoring the “Securing the Internet of Things” track.
The 2015 Synergy Forum brings together government and industry practitioners driving our collective technology futures to examine the emerging fusion of physical and digital worlds. Gary Neal Akers, senior vice president of Advanced Security Initiatives, Cisco, will take part in a panel on security and the Internet of Things.
Linked by a commitment to cybersecurity, government agencies, intelligence personnel and industry leaders will gather at the 2015 Defensive Cyber Operations Symposium to discuss successful strategies for improving security. In addition to exhibiting its cybersecurity solutions at the symposium, Cisco’s Kapil Bakshi, Distinguished Architect, will be speaking on a panel titled “Secure, Operate and Defend in the Commercial Sector – How Do We Maintain and Increase Cyber Security While Providing Innovation in IT?”
Digital Government Institute’s 8th annual Cyber Security Conference will explore today’s cyber threats and offer an opportunity for those supporting government security initiatives to collaborate on how to detect, protect, and respond to these challenges. Peter Romness, cybersecurity solutions lead, U.S. Public Sector, will be presenting during the show. Cisco is a Gold Sponsor of the DGI Cyber Security Conference.
The NSA Information Assurance Symposium is a biannual forum hosted by the National Security Agency that brings, policy, governance, technology, hands-on training and networking opportunities to attendees from across government, industry and academia. Cisco will be exhibiting at the symposium.
That is quite the cyber roadshow! Also, don’t miss our webinar with GovLoop on April 30th for a discussion on how to stay secure and connected in the age of the Internet of Things. And of course, we will undoubtedly be talking cybersecurity during Cisco Live in San Diego, June 7-11th. If you are attending any of these events, please make sure to stop by and say hello!
This week I’m attending CERAWeek, the premier international gathering of energy industry leaders, experts, government officials, policymakers, and innovators. While this is the 34th annual CERAWeek conference, the mood is definitely not “business as usual.” The disruption and uncertainty created by plunging oil prices and shifting market dynamics has created the urgency throughout the industry to rethink strategies and adopt connected technologies to spur operational efficiencies.
But disruption can also create opportunity. Forward-thinking oil and gas (O&G) firms see today’s turbulent market as an opportunity to gain competitive advantage by harnessing new technologies. For example, in the Eagle Ford region in North America, improved drilling technologies are now enabling oil rigs to produce 18 times more efficiently than in 2008, and 65 percent more efficiently than in 2013.
A new study by Cisco highlights the opportunity to achieve even greater efficiencies through transformed business models and digital technologies powered by the Internet of Everything (IoE)—the networked connection of people process, data, and things.
With IoE, oil and gas firms have the opportunity to make IT services a commodity in the business, creating the potential for dramatic cost reduction and improved operational efficiency. The illustration below shows several ways O&G operations can benefit from connected technologies. To achieve these benefits, however, they will need to bring together both the IT and the operational technology (OT) sides of the business. Our survey indicates that oil and gas firms have a long way to go in breaking down the barriers between IT and OT. In fact, only 41 percent of respondents “completely” or “somewhat” agreed that their firms’ IT and OT strategies are aligned.
Source: Cisco, 2015
Here are some examples of how IT-OT convergence can impact the areas of data, collaboration, and cybersecurity: Read More »