Welcome to the New Manufacturing Renaissance driven by a collage of sensors, robots, servers, clouds, tablets, machines, people and …things. The Internet of Everything (IoE) is serving as the canvas that connects and integrates all those “things.” Over the last few years we have been inundated by industry pundits and scholars predicting the efficiency gains, value opportunities and innovations that can be obtained from the IoE revolution. In fact, Cisco estimates the manufacturing IoE value opportunity is $4.2 trillion over the next 8 years.
Forward thinking CTO’s understand that technology plays a significant roll in enabling this renaissance. In a recent Industry Week article, our CTO, Padmasree Warrior, made the following observation:
“At this point, we believe that every company, big and small, is essentially becoming a technology company,” Warrior says. “Technology has become implicit and embedded in every business process today — the supply chain, manufacturing floor, automation and IT: They are all driven by technology and data analytics, not just operational expertise.
This renaissance is accelerating now thanks to the convergence of a number of technology trends: the low cost and accessibility of Big Data associated with cloud computing; the plummeting cost of electronic sensors, microprocessors and other components that can be used to make machines more adept; and advances in software and communications technology that make it possible to manage manufacturing with a whole new level of precision and enable new forms of collaboration.
Convergence has to not only occur between Information (IT) and Operational (OT) Technologies , but also within the C-suite. The CTO’s primary responsibilities are evolving to become more tightly integrated and aligned with the enterprise’s business and operational goals. The result is optimized business processes, enhanced information for better decisions, reduced costs, lower risks and shortened project timelines.
Sujeet Chand, chief technology officer at Rockwell Automation adds,
“The role of the CTO is no longer just to enable technology. Our role is to use that technology to help move the business forward. It’s all part of the convergence between IT and OT,”
“To really get value from that convergence, you’ve got to highlight what value is going to be derived. You don’t want to connect manufacturing to IT for the sake of connecting manufacturing to IT or put all kinds of real-time data into the cloud for no reason.”
The New Manufacturing Renaissance is creating a wave of technologies and ideas. The revolution threatens to shatter long-standing business models, upend global trade patterns and surpass the radical gains and innovations brought forth by the Industrial Revolution.
Has your organization evolved and embraced the opportunities afforded by the IoE revolution? Is your CTO driving business relevance through the innovative use of technology? Have you broken down organizational silos to foster a true innovation culture throughout the manufacturing value chain?
The team is back in town and recovering after a tremendous showing in Chicago for Automation Fair. As a preview for the blogs to come in the next few weeks, I asked each team member to summarize the event in 2-3 sentences – about 15 seconds of reading time. Here’s what they said: Read More »
Congratulations Cisco team! Automation Fair has drawn to a close and we are celebrating a successful event.
It was so great to meet face-to-face with our customers and discuss all of the exciting technologies which are available to the Manufacturing Industry. We were particularly pleased that our customers now recognize Cisco as not only a provider of products, such as routers and switches, but also as a provider of Solutions.
Stay tuned to our blog for all of the in-depth discussion and analysis our team will provide from their experiences at Automation Fair. Please join the conversation and let us know what you thought of what you saw at the event!
If you want to see all of our social media activity regarding Automation Fair, visit our storify instance, which will aggregate all of our content creation, including blogs, videos, tweets and pictures into one spot. So follow this link to see all of our activity as it happened and to have a record of everything that we did:
One thing we’re really proud of this year is that customers at Automation Fair are no longer asking: “Why are you here, Cisco?” They know why. From our Industrial Intelligence solutions to our promotion of Convergence and the Internet of Things, manufacturers now know the benefits Cisco can bring them.
And hold tight for Day 2 at Automation Fair, Part 2 — coming soon!
If you’re at the event and haven’t already done so, be sure to stop by booth #239 to see us!
If not, make sure to follow us on our storify instance, which will aggregate all of our content creation into one spot. So follow this link to see all of our activity as it unfolds: