American Factories were going all out in September -- is it a sign that the US economy is picking up? Wall street certainly seemed to respond well to some key indicators at the beginning of October.
Take a look at some of the performance metrics below and you’ll get an indication of why…
The ISM (Institute for Supply Management) Index (PMI™) rose to 51.5 for September from 49.6 in August. Anything above 50 shows growth (growing rather than contracting), and a nearly two point rise reverses previous months declines, the fastest pace since May.
Pace is slow, but signs are hopeful. The new orders index rose from 47.1 to 52.3 suggesting humming production this month, and suggests November will be good too.
The economy isn’t growing as fast as the Fed Chairman would like. Hence an open-ended QE3 (Quantitive Easing 3) and a statement that interest rates will remain low until 2015.
JP Morgan Economists are saying that we’ve seen a slow down in US Manufacturing and it’s tracking more like the overall US economic growth -- sluggish, suggesting the best may be behind us. Still growing though, but slowly.
We all know something about the evolution of agriculture. Once upon a time, a horse pulled a plow, led by a man who spent days upon days in the fields. And small, local rivers were dammed to redirect water to crops. Today, monster machines plow acres in minutes. And irrigation systems feed farms that are hundreds of miles away.
The long-term evolution of productivity and efficiency was dramatic. But what does the near-term evolution of business processes look like?
I hope you can join Cisco at Gartner’s Symposium/ITxpo. You’ll get near-term business evolution insights from folks like Barry Libenson, CIO of Land O’ Lakes, Inc., and Ron Gilson, CIO of Johnsonville Sausage, Inc. They’ll join Marie Hattar, Cisco’s Vice President of Enterprise Segment Marketing and Bhavani Amirthalingam, World Wide Technology Inc.’s Vice President of Information Technology on Monday, October 22nd at 3:30 pm to discuss the topic, “Work Your Way: A Mobility Strategy for Business Success”.
Cisco’s Unified Workspace makes “Work Your Way” possible
Just a short decade ago manufacturers communicated by phone, by email and by foot. Many business conversations occurred in the same geographic location. Product management, operations meetings and training often occurred on the same campus. A company’s culture and reputation was defined by things like face-to-face meetings, hallway conversations, employee recognition and the attention provided to customers.
Today, employees, supply chains and processes are widely dispersed. Meanwhile, skilled workers are retiring and they’re harder to replace. What evolutionary solutions are manufacturers choosing in order to bring remote and shrinking resources together? Read More »
Cisco’s Remote Expert brings face-to-face interactions back to the forefront of your business, improving productivity and reinvigorating customer interfaces with a personal touch that’s unachievable with telephone, email, text, chat and other online interactions. We know that “in person” communication strengthens business relationships and generates meaningful customer touchpoints, but what other benefits can Remote Expert provide to your organization?
Cisco’s Visual Networking Index Forecast projects 18-fold growth in global mobile internet data traffic from 2011 to 2016 – and predicts that mobile cloud traffic will account for 71% of total mobile data traffic by 2016. In a world where mobility is on the rise, enterprises are facing a rapidly evolving landscape, where more and more personal devices are coming into the workplace. Cisco’s Unified Workspace lets enterprises securely adapt to the increasing presence of personal devices, by offering a set of three Smart Solutions that integrate multiple personal devices securely and seamlessly to increase productivity and enhance collaboration.
The number of innovative ways video can be used these days is astounding. I advocated in my last post the benefits telepresence can deliver for remote workers, but it is extends much further— it is transforming how we communicate, collaborate, educate, provide healthcare, service customers, and more! The days of low resolution video conferencing or video only in the executive boardroom are long gone.
A recent CIO slideshow did a great job at highlighting the innovative use cases for video conferencing and telepresence – all the way from 3D holograms to Cisco’s own Jabber. The technologies CIO references show the vast ways these solutions are transforming the way we work, communicate, and collaborate.