The Internet of Everything (IoE) is a juggernaut of change, transforming organizations in profound ways. It sows disruption, and it grants enormous opportunities. But this sweeping wave of change is not reserved for what we normally think of as “technology companies.” In the IoE economy, even seemingly “analog” endeavors must be bestowed with network connectivity, no matter how venerable a company’s roots or old its traditions.
In a world where Everyone Is a Tech Company, there are some great examples of older companies that are heeding this new reality. Retail, manufacturing, transportation, and education are just a few of the places where people, process, data, and things are being connected in startling new ways. Companies that are ahead of the IoE transformation curve will ensure their competiveness in marketplaces that are ever more vulnerable to disruption.
Dundee Precious Metalsprovides a great example of a company that is embracing change. A far-flung global organization, the company, for example, runs Europe’s largest mine in Chelopech, Bulgaria, from which it ships gold-rich copper ore to a smelter in Namibia. Yet through IoE-related technologies, executives at the company’s headquarters in Toronto, Canada, have gained unprecedented visibility into all aspects of their operations.
The end result? A boon in safety, efficiency, and productivity.
A few weeks ago I started to prepare my session for the great meeting of the minds at Cisco Live in San Francisco. I have to confess that at the beginning it felt a bit weird creating a presentation about Internet of Things (IoT), a market that is targeting Operational Technology (OT) decision-makers, for an event that for many years now has been a “mecca” for Information Technology (IT) professionals felt incongruous.
But the more I thought about it, the more excited I got about the opportunity. As the IoT market gets better defined and developed, and grows in size and relevance, it presents an unprecedented opportunity for IT professionals to engage in the conversation and bring in their experience, skills and perspective. The IoT solutions required by OT professionals are ripe for innovation, the type of innovation that IT professionals are great at.
Resilient, scalable and secure converged networks, simplified and automated management, new computing models (Fog) that deliver distributed intelligence, and system-wide application enablement are building blocks for more advanced and smarter solutions for IoT. In a previous blog I talked about some of the characteristics of these new environments, and how the extension of the traditional IT environments outside the “carpeted office” can deliver incredible gains in visibility, automation and control. Think about these examples in terms of business value enabled by Cisco’s IoT portfolio: Read More »
What does manufacturing mean to America? While there may be no quantitative right answer to that question, in my opinion, manufacturing is the creation of new jobs, the empowering of individuals, and teamwork that helps make dreams a reality. Manufacturing has long been wrongly perceived as a dirt and grime industry that lacks the appeal necessary to build and grow a strongly educated workforce, vital to our nation’s industrial and economic growth.
Recently, I watched a video released by the National Association of Manufacturers (NAM) titled, “What Manufacturing Means to America.” The video addresses the current state of the manufacturing industry and provides fresh insight into utilizing the skill and talent of America’s workforce. It shows that with the right education and skills, manufacturing can be the key to a better future and making dreams come true. Read More »
As SAP says, the trends reshaping your world will ultimately transform the way you do business. Today, Cisco and SAP join together to deliver their visions for the Internet of Things (IoT) at SAP’s signature conference in New York: Conversations on the Future of Business. Bryce Barnes, Solution Leader, Internet of Things, Cisco, and Patrick Maroney, Principle, Industry Solutions Group, SAP, lead a session on How the Internet of Things (IoT) is impacting the Future of Business.
Bryce will explore the significance and impact of how connecting everything from machines in factories, to cars to sensors inside our bodies will change our lives, and drive new and exciting business models. He will explore the relationship between connectivity, big data, and analytics and highlight IoT examples that point to the future of business from manufacturing to Life Sciences, retail, mining, touching every aspect of how we design, make, and deliver products.
Value at stake: enormous. A top area of opportunity for manufacturersis to move toward a connected factory—an intelligent, networked plant environment that enables smart manufacturing. Read More »
Since Henry Ford, the alchemy of turning raw materials into mass-produced products has been complicated and challenging. At best, it has been a delicate and precarious balancing act; at worst, something akin to herding cats.
The trick has always been to align ever-shifting patterns of customer demand with far-flung ecosystems of miners, designers, suppliers, engineers, factory workers, truck drivers, sellers, and so forth. Yet the process of orchestrating such intricate value chains has often been based on art (hunches) more than science (data).
Today, however, the Internet of Everything (IoE) — the ongoing explosion in networked connectivity among people, process, data, and things — is transforming manufacturing in startling ways, just as it is changing so many other industries.
IoE delivers seamless, intelligent connections to every corner of the manufacturing value chain, optimizing the flow of products, information, and payments in real time.
The Cisco IoE Value Index study found that in 2013, manufacturing had the largest potential share of IoE Value at Stake, at $224 billion. Yet, it was poised to realize only 46 percent of that potential bottom-line value. The key to closing that gap lies in much-improved machine-to-machine and machine-to-people connections, resulting in smart factories, smart grids, and connected supply chains, among many other IoE-related innovations.