Every country, city, industry, and business is becoming digital in order to leverage the unprecedented opportunities possible from rapidly expanding connectivity around the globe.
Digitization requires customers to rethink their business, operations, and technology strategies. Cisco’s research, along with countless business experts, forecasts that 40% of today’s leading businesses will be displaced by competitors disrupting the market with new approaches— digitization is an imperative for business survival.
Digital transformation necessitates a combining of business and IT strategy that connects everything, embraces analytics, and takes a holistic approach to data security that spans technology and operations. According to the 2014 Digital Transformation report by the Altimeter Group, 88% of companies report undergoing a digital transformation — however, only 25% have mapped the digital customer journey and have a clear understanding of new or under-performing digital touchpoints. Read More »
Today’s announcement of Cisco’s Digital Solutions for Industries at the Global Editor’s Conference highlights our unique approach to help customers capture the promise of digitization. As Tony Shakib’s blog notes, “Digital transformation necessitates a combining of business and IT strategy that connects everything, embraces analytics, and takes a holistic approach to data security that spans technology and operations.”
Digital disruption is already happening across manufacturing and other industrial sectors, and we’re stepping up to help businesses in these segments harness the benefits of digitization across their value chains. For example, using innovative models like machines securely connected (thru Cisco Connected Machines) for real-time monitoring and analytics across Cisco’s Intercloud, digital manufacturers are optimizing their plant operations with improved control, increased efficiency, less downtime, higher productivity and duty cycles, and more flexible manufacturing.
Research suggests that a significant number—as many as 40 percent—of incumbents will be left wounded, probably mortally, by digital disruption over the next five years. In the face of these pressures, CEOs recognize that those companies who can leverage digital technologies and business models will come out ahead. This video provides an overview on the challenges, opportunities and benefits of Digital Manufacturing:
For forward-thinking manufacturers, digital transformation is not just a new challenge but a major opportunity—maybe the most significant in decades—to pull ahead of competitors. Digital Manufacturers are seizing the opportunity Read More »
Earlier this week, I hosted a #CiscoChat along with other team members of the @CiscoMFG team including Nancy Cam-Winget (@ncamwingw), an industrial security expert and Distinguished Engineer at Cisco, along with cohost Gregory Wilcox (@gswilcox_ohio) of our strategic alliance partner Rockwell Automation (@ROKAutomation). We had a thought-provoking interchange on how new digital business models impact industrial security interests, as well as some of the other inherent security risks for manufacturers.
If you missed the chat, the full recap is here, and below, I summarize a few of the highlights and insights for me.
Why is security for manufacturers such a top-of-mind concern, discussed across engineering, production, supply chain and boardroom alike?
By 2020, there will be an estimated 50+ billion intelligent things connected to the Internet. The emergence of more “smart” connected factories, in which machines and devices Read More »
During Elon Musk’s presentation of Tesla Powerwall, a battery system that lets you store energy to power your home, he shared a slide showing a small area of the Texas panhandle – with a small blue square representing the land area necessary to produce enough solar power to meet the entire electric power needs of the United States.
“…very little land is required to get rid of all fossil fuel electricity generation in the United States.” Elon Musk
As you might expect, this generated quite a bit of controversy about whether or not his assertion is even within the realm of possibility.
Manufacturing is undergoing radical advancements, much like the ones we’ve seen in healthcare and education, thanks to the Internet of Everything (IoE) and all of the people, data, processes and things it connects.
By 2020, it’s estimated that there will be 50 billion devices and objects connected to the Internet, including many of the devices in the manufacturing world. “Smart” factories where machines “talk” to one another, fleet vehicles such as trucks and forklifts with sensors that monitor their movements, and even wireless inventory tracking devices are all in play at manufacturers across the globe. Manufacturers are embracing a new generation of Machine-to-Machine (M2M) and Person-To-Machine (P2M) systems, as well as mobile applications and cloud-based services that drive efficiency and innovation across their value chain.
All of these connected “things” and processes allow manufacturers to Read More »