I just recently returned from the Internet of Things World Forum (IoTWF) in Dubai. This was the third annual IoTWF, which has quickly become the premiere event showcasing innovations and opportunities made possible by the Internet of Things. I was dazzled and a bit dizzied by all the activities at this exciting three-day event.
The agenda was chock-full of breakout sessions, case studies and expert talks on how IoT is changing the way companies and cities do business. In addition to networking and connecting with peers, partners, and customers, the Forum provided a great opportunity to join the world’s leading technology researchers to discuss new frontiers of IoT research. A fitting end to this incredible event was a closing keynote delivered by Executive Chairman John Chambers, who provided invaluable insights, observations, and a vision for IoT.
With 2400 attendees, the guest list included industry titans such as 3M, IBM, Intel, GE, Rockwell, Accenture, Siemens and many others, as well as startups and other significant IoT stakeholders.
The theme of the Forum was “A New World,” with day one focused on Awakening; day two focused on Activating; and day three focused on Accelerating. For a limited time, you can view many of the keynote presentations on the IoTWF website. Read More »
As cities and countries around the globe are facing an onslaught of new and confusing challenges such as urban sprawl, safety and security, traffic congestion, and transportation accessibility, it is increasingly becoming important for public sector leaders to provide smart solutions. And as leaders further embrace the smart city narrative, the main question remains as to how these digital technology solutions will help their citizens and communities.
Motivations for adopting smart city initiatives vary, but one primary reason that has emerged is the desire to enhance ‘livability’. Livability plays an important role in how cities compete with other cities for tax dollars, jobs, residents, employers, investment, and positive perceptions. Improving livability can be seen both as a strategic asset that contributes to growth, and as a key ingredient to happier, healthier citizens. And when push comes to shove, technology is an enabler, not the end game. Putting people in the forefront is key.
Smart City Walking Tour
Throughout this series, we’ve taken you through a whirlwind of important industry trends, smart technologies, and places of digital transformation. At the Internet of Things World Forum that took place in Dubai this week, many of our spotlighted topics converged and took center stage to demonstrate the cross-vertical impact of IoT. In this week’s post, our digital citizen is participating in our IoT World Forum Smart City Experience tour.
In the next few years we will reflect on the third annual Internet of Things World Forum (IoTWF) this week and realize that 2015 was the inflection point for the Internet of Things (IoT) and digitization. Leaders from around the world convened in Dubai this week, all witnessed real solutions that are now fundamentally changing the way we will live and do business. It’s a dramatic change that will touch everyone.
Digital transformation – the connection of cities, companies, and countries to the Internet – has emerged as the most transformative means to ignite sustainable growth and improve society. Those countries and companies that get ahead and embrace the digital transformation will uncover limitless possibilities to drive innovation, growth and jobs of the future.
However, only 1 in 4 leaders* say they are being sufficiently proactive about digitization. And while 75% of businesses will become digital by 2020, only 30% of digitization efforts will be successful. The number one reason companies don’t succeed? They fail to innovate or reinvent. Those that don’t will be left behind.
It is fitting that this defining moment in the future of digitization is taking place here, in the Middle East. My discussions with its leaders on the future of the digital and the global landscape have only strengthened my admiration for their visionary approach but also the speed of change that comes through aligning all government smart initiatives together under one smart-city ambition.
His Highness Sheikh Mohammed bin Rashid Al Maktoum’s vision for Dubai to be the ‘Smartest City in the World by 2017’ is well under way. Sensors embedded throughout the city will connect everything from utilities to urban transportation, from entertainment to energy, and from policing to politics. All of it developed to improve the lives of citizens, reduce energy consumption and to capture the potential added value of US$ 4.87 billion (AED 17.9 billion) by 2019.
As the sun rises on the third day of the third annual Internet of Things World Forum (IoTWF) this year in the super smart city of Dubai – the brilliance of the Internet of Things (IoT) market and the robust ecosystem that supports it continues to shine brightly. Rapid IoT prototyping and other innovative solutions that are transforming business and society flourished during three days of demos, case studies, keynotes, breakout sessions, hackathons, smart city tours and much more.
It’s fitting that this year’s IoTWF came toward the end of the calendar because it mirrored a full year of explosively disruptive growth and value – all made possible by connecting the unconnected through a digital platform we call the Internet.
IoT and its continuous evolution to the Internet of Everything – the connection of people, process, data and things – is maturing at unprecedented speed. The evidence was all around us with examples of how cloud, fog, mobility, sensors and other technologies are converging to create a new digital world. These outcome-based solutions are capturing new value in industries ranging from oil and gas, retail and healthcare to manufacturing, transportation and the public sector. The excitement, opportunity and optimism for IoT/IoE was literally tangible at IoTWF.
I know there is overwhelming statistical research and myriad examples of IoT’s expanding landscape. However, for me, one of the clearest signs of market acceleration is seeing the robust ecosystem of accelerators, incubators, startups, entrepreneurs and app developers that are coming together to drive innovation in this area.
At Cisco, we believe the next big idea can come from anywhere and we’ve built our own innovation engine around build, buy, partner, invest and co-development to reflect this. Specifically with IoT, we’re looking at how we apply this strategy – be it partnering with peers to introduce industry standards or encouraging the entrepreneur spirt with industry challenges. Coming out of this event, I am particularly proud of our work with our extended ecosystem showcased at this year’s IoTWF to bring IoT to life.
Heading into the holiday season, I can safely predict that my kids’ excitement levels will increase steadily as December 25th draws nearer. They, of course, are anticipating Christmas morning and all that it entails – a break from school, delicious brunch, hot chocolate, family time, and, just maybe, some gift giving. Well, I am pretty excited myself, because along with the holidays, December also ushers in the Internet of Things World Forum 2015 (IoTWF) in Dubai!
Cisco is hosting its third rendition of the IoTWF at the Dubai World Trade Centre from December 6-8, and this event just gets better and better each year. The forum is an opportunity for the companies leading the way toward digital transformation with the Internet of Everything (IoE) to showcase dramatic transformations now gaining momentum across every global sector. It’s a chance to learn, share, and partner – to see tangible examples of digital progress and to collaborate with industry leaders to plot the future of the digital global economy. It’s kind of like a condensed holiday season for the world of digital innovation.
Each year, the forum is a great time and place to measure the progress we are making toward digital transformations of every global industry. When we held the first IoTWF two years ago, digitization and the IoE seemed like distant, albeit imminent, visions. We focused on the big picture, needing to comprehend and contextualize the massive opportunity and far-reaching implications of this fourth industrial revolution. Now, more than two years in, our focus has shifted: It’s no longer about convincing people that digital transformation is real, necessary, and valuable, but about connecting the dots between the vision for where to go and the strategy for how to get there. Read More »