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The Internet of Things: Capturing the Accelerated Opportunity

As we convene this week in Chicago for the 2nd annual Internet of Things World Forum (IoTWF), about 1,500 industry leaders worldwide are laser focused on capturing the $8 trillion economic opportunity of IoT. We launched the first annual IoTWF in Barcelona one year ago, and the industry has since progressed at breakneck speed.

A Forbes headline two months ago summed up the buzz: “It’s Official: The Internet of Things Takes Over Big Data as the Most Hyped Technology,” following the release of a Gartner Hype Cycle report. This is supported by the fact that media mentions of IoT have tripled since 2013 to more than 45,000 so far this year. Read More »

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Want to take full advantage of IoT for your business? Look at the whole value chain.

This week at the Internet of Things World Forum in Chicago, I premiered Cisco’s blueprint for vertical Internet of Things (IoT) success. When we envision how we can provide value to our customers, we don’t just look at one device or one use case. We want to completely transform how that industry does business. So, we consider the entire value chain of each industry, and then focus on business outcomes that will make the biggest impact.

Methodology for IoT Success

Cisco’s IoT Value Chain approach can be boiled down to three steps: Read More »

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Announcing Winners of the IoT Innovation Grand Challenge! #IoTWF

Today we’ve successfully completed the IoT Innovation Grand challenge that was announced in April 2014. When Cisco embarked on this journey, our goal was to discover, recognize, promote and reward innovators, entrepreneurs and early-stage startup businesses with innovative ideas and solutions for IoT.

With over 800 submissions from 71 countries, the response has been absolutely amazing. We have received a diverse set of ideas that ranged from connected home to cognitive computing, connected manufacturing and advanced communications systems. Out of these submissions 19 teams advanced to Semifinals and 6 teams advanced to Finals. Read More »

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1871 and Lighting a Fire For IoE innovation

This morning I had a pleasure of joining 1871 CEO Howard Tullman, Illinois Governor Pat Quinn and many others in launching the expansion of 1871. 

Launched in 2012, 1871 is a leading Chicago non-profit incubator that provides affordable co-work spaces to Chicago entrepreneurs as well as community gatherings and programs such as tech talks, hackathons  and more.  They’re named after the fire of 1871 – not because of the destructive nature of the fire, but because of the innovation and ingenuity that built up Chicago afterwards.  1871 is true to its name as we’re seeing a similar surge of innovation and ingenuity from the startups that are based there.

Cisco was a founding sponsor of 1871 and today we’re expanding that sponsorship.  Cisco will be offering equipment, tools, training, and mentorship to members of 1871 (and we’re sponsoring their wireless deployment!)  The goal of this collaboration is to support entrepreneurs that are building Internet of Everything solutions.  Internet of Everything is the connection of people, processes, data, and things to the internet – connecting the previously unconnected. With an expected 50 billion devices that will be connected in just the next 5 years (up from 13B now) – there is a strong need for creativity and ingenuity as we build the infrastructure and systems to support all of those connection. We hope that this collaboration will lead to identifying promising companies for closer cooperation -- with the possibility of developing joint solutions and bring products to market.  Read More »

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Fog – A Clear Vision

This week at the Internet of Things World Forum we are challenging the industry to accelerate the adoption of the Internet of Things (IoT). IoT leverages many ‘off the shelf’ technologies but also has some unique requirements, which must be met. How do we make sure that the right critical information is being processed while conserving bandwidth and having a resilient network? Here at Cisco, “fog computing” is a clear technology vision, with the means to provide greater visibility and control- having the network and applications process the critical data in concert with the cloud. With today’s announcement at IoT World Forum, Cisco continues to deliver on its vision for fog computing with an increase in the number of platforms supporting Cisco IOx and the addition of application management capabilities.

Earlier this year we announced the availability of Cisco IOx, as part of the Cisco Fog portfolio of technologies. Cisco IOx allows customers and solution providers across all industries to develop, manage and run software applications directly on Cisco industrial networked-devices, including hardened routers, switches, and other devices. We have seen tremendous market traction of Cisco IOx in the last few months along with the accelerating IoT market growth. As IoT transitions from early adoption to wide deployment, Cisco IOx is enabling solutions providers across many industries to create innovative software solutions. Today’s announcement of the second phase of the IOx platform builds on the continuing momentum of Cisco’s vision for Fog computing. Read More »

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