The U.S. space program in the 1960s and ‘70s was a classic example of an innovation model that began with a government initiative, was applied to enterprise issues, and finally filtered down to consumers. Internet innovation in the early 2000s turned that model on its head by focusing first on consumer needs, consumer applications, and consumer-oriented technologies such as e-commerce, mobile, social, and cloud.
Today, the Internet of Things (IoT) is inverting the innovation yet model again, bringing enterprise-oriented business-to-business (B2B) technologies and applications back into vogue. IoT is making traditional industries such as manufacturing and logistics “cool” again.
One indication of this trend is the large number of startups focused on enterprise solutions. I meet with several startups every week, and all of them seem to be focusing on some aspect of IoT—analytics, fog computing, vertical applications, sensor connectivity, and more. These startups see the huge transformative business opportunity of IoT, as the connections among people, process, data, and things become more pervasive. Millennials are driving this digital transformation. We can see their influence as consumers in the auto industry, for example, where new cars have essentially become smartphones on wheels. But now Millennials are also driving IoT innovations as participants who insist on using mobile devices and state-of-the-art software and tools to access and control IoT operations.
The Internet of Things is sparking innovation in traditional industries.
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Tags: Cisco, innovation, Innovation Grand Challenge, internet of things, IoT, iot world forum, Maciej Kranz
As the burgeoning Internet of Things (IoT) becomes a reality, it’s estimated that 50 billion devices and objects will be connected to the Internet by 2020. With this massive number of new connections, valuable data will be created at an even faster pace than most companies can manage. That’s why we are pleased to announce Cisco’s intent to acquire ParStream, a privately-held company based in Cologne, Germany that provides an analytics database that allows companies to analyze large amounts of data and store it in near real time anywhere in the network.
Speed is critical for helping companies to generate value from data in IoT environments. ParStream’s highly specialized database is built for IoT environments. It allows customers to compute and analyze large amounts of data at the edge in real time, with minimal infrastructure and operating costs at the edge. Using innovative compression and indexing capabilities, ParStream’s technology helps customers access data faster and at scale, rapidly analyzing and filtering billions of records and getting information to the business in near real-time. This acquisition complements Cisco’s current data and analytics portfolio, improving our ability to provide analytics at the edge of the network, where data is increasingly being generated and in huge volume. The value of IT has always been derived from the intelligence contained in data. Analytics are at the heart of Cisco’s strategy for a hyper distributed intelligent infrastructure.
ParStream’s technology, for example, can help a renewable energy company track and monitor thousands of wind turbines at once by providing the information to optimize the performance of each turbine and quickly adjust to changing environmental factors like wind direction and temperature. Instead of sending this data to a centralized server, now a company can store the data at the edge of the network, closer to the turbines and sensors, and track results even across a highly distributed network. Real-time access to data derived from the connected equipment can lead to benefits like decreased equipment downtime through predictive maintenance, increased productivity, and historical analysis of environmental patterns.
ParStream was part of the Cisco Entrepreneurs in Residence start up program. The ParStream team will be integrated into Cisco’s Analytics and Automation portfolio, joining the Data and Analytics Group. The acquisition is expected to close in the second quarter of fiscal year 2016.
Tags: acquisition, data and analytics, IoT, rob salvagno
Note: Cisco’s Mohammed Ahmed of the Cisco IBM Alliance team was the key contributor for this blog post
In the IT industry we understand that customer confidence and respect is a leading reason that customers choose IBM and Cisco solutions and services. Cisco and IBM have earned this trust over the years by each having deep technical expertise; global resources; and world-class support that few companies can match. With an almost two-decade history of working together, our success in the market together is demonstrated by more than 25,000 shared customers.
Cisco and IBM strive to work together to deliver innovative solutions to meet our joint customer needs – Cisco Application Centric Infrastructure, the Data Center, the Internet of Everything (IoE), and Collaboration are just few examples.
Recently, Cisco and IBM added another strategic solution to the list “Cisco UCS Integrated Infrastructure for Big Data with IBM BigInsights for Apache Hadoop” to help customers maximize the value of their big data and leverage business insights from it.
The Cisco UCS Integrated Infrastructure for Big Data (CVD Link) with IBM BigInsights has been jointly tested and validated by both companies and provides a flexible, industry leading platform affording enterprises to fully leverage the latest open source technology together with the powerful SQL on Hadoop and Analytic capabilities. The solution highlights are:
- Powerful and high performance SQL on Hadoop designed for enterprises that require greater SQL standards compliance, performance, concurrency, and security
- Highly scalable analytics for Data Scientists, Business Analysts to explore, discover, analyze and build advanced predictive models
- Comprehensive enterprise-grade infrastructure using Cisco Fabric Interconnects and Rack Servers optimized for BigInsights
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Tags: #CiscoACI, #IoE, @ciscoDC, analytics, Big Data, Cisco Data Center, Cisco Nexus, Cisco UCS, data center, IBM, IBM Insight, IoT
I can remember it vividly: The year was 1995, and I was working at a start up in Silicon Valley. What was the Internet like back then? It was certainly not ubiquitous, as it is today. At that point, the Internet was still fledgling—although it was exploding—and ecommerce was starting to take off. There was no YouTube, no Google, and no Facebook.
In 1995, the Yahoo.com domain was registered, Amazon.com and Craigslist.org launched, and eBay was founded. We were quickly realizing the Internet could provide us with opportunities and experiences that were unimaginable only a few years prior. There were some early-adopter companies, with websites up and running and open for business. And there were many enterprises taking things slower. Was this Internet thing just a fad? What can we do with it? Will people actually buy goods and services online, and use their credit cards over a computer? Is this safe? Secure? Is this for everyone, or just the Silicon Valley tech crowd?
Fast forward to today, when we cannot imagine a world without connectivity and information, online commerce, streaming music and video—all at our fingertips, available in milliseconds. Many of the companies that hesitated back in the 1990s are not around today. And since we know that history often repeats itself, we again find ourselves at another massive disruptive crossroads.
There are already 15 billion connected things. That number could rise to 75 billion—some say 200 billion—by 2019, and there will be three times the Internet traffic by that date. By 2020, it is predicted that there will be 5 terabytes of data generated per person. The predictions back in the 1990s seemed lofty at the time, but they’ve been overshot massively!
What does this mean for the world we live in? How do companies prepare for this digital revolution? The answer is Read More »
Tags: Digital transformation, digitization, innovation, Internet of Everything, IoE, IoT
When it comes to the Internet of Everything, few industries have as much opportunity, or as much at stake, as manufacturing. Specifically, certain verticals such as Consumer Packaged Goods (CPG) and Food and Beverage manufacturing face unique challenges and opportunities. According to the Price Waterhouse 2015 Consumer Goods Report , the current market is seeing “changing consumer attitudes toward products and brands, as the great fragmentation of consumer markets takes another turn. In response, companies must dramatically shift the route they take to reach consumers in terms of both product distribution and communications.” In particular, bottlers have to adopt to these industry trends as well as changing distribution, fleet and territorial roles. Success in this new era requires smarter, more streamlined operations and the ability to respond to opportunities and problems in real time.
At Cisco, we are constantly seeking new ways to connect data, people, processes and things to help businesses thrive. Our goal is to continually drive solutions that simplify systems for our customers so they can focus on adding real value to their business. That’s why we’re excited to announce The Bottling and Distribution Smart System powered by Cisco, a user-friendly portal that we created while working with leading global bottling and distribution enterprises.
Our customers in the bottling and distribution industry have told us that their businesses suffer when they have to patch together different solutions for reporting, fleet management, maintenance records and more. Read More »
Tags: Bottlers, Cisco, CiscoMfg, connected machines, cpg, Digital Manufacturing, Digital Solutions for Industries, Digital transformation, Industrial IoT, IoT, Manufacturing