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
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 »
Tags: Cisco, Internet of Everything, internet of things, IoT, IoTWF, Smart Cities, Steve Koch
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.
Cisco’s IoT Value Chain approach can be boiled down to three steps: Read More »
Tags: IoT, iot world forum, 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 »
Tags: Grand Challenge, innovation, IoT, IoTWF
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 »
Tags: 1871, hackathon, IoE, IoE Innovation Center, IoT, IoTWF