Cisco has been a prominent supporter of the Rockwell Automation Fair for a number of years. The relationship has grown over time to one where both Rockwell and Cisco collaborate on developing software, solutions and products for a wide range of both IT and OT (Operational Technologies) functions within industrial and other customers.
Recently Cisco showed off some of the technologies in the oil and gas space, and Ahmed Farrag, Business Development Director from Cisco, talks about Cisco’s presence at the show in the following video.
Ahmed talks about Oil and Gas as one of Cisco’s key focus industries. He mentions the huge demand increases we’ve seen over the past few years.
That’s all changing right now.
The price of oil has plummeted to half what it was only a few months ago. With China slowing, parts of Europe close to another downturn, and oil now gushing following the huge investments that have been made in fracking and tar sands in the US, some say we have too much oil right now. Some companies are going to be worried about margins and future investments. So what’s the future?
Nearly half manual processes could be automated in most industries, with Oil and Gas the most.
That chart holds the key to the future of the Oil and Gas industry.
With the advances that have already been made (and those yet to come) in the field of automation, along with rapid progress in collaboration and communications technologies between workers and companies, one of the keys to profits will be enabling lower costs and higher efficiencies. Cisco and it’s partners are leading the charge.
I wasn’t around during the Industrial Revolution, but I can’t help but think that today is an even more interesting time to be in manufacturing. I’m happy to be participating this week in the annual Rockwell Automation Fair, where it seems we can see the Internet of Things (IoT) evolving in real time.
Perhaps no other industry is being disrupted by technology more than manufacturing. As manufacturers digitize their businesses, operational complexity increases and competitive pressure builds—driving the need for faster innovation, quicker time to market, and more efficient processes. Those who can’t keep up are left behind. Read More »
Since manufacturers around the globe constantly have to adapt to ever shifting market conditions, any technology that lends a competitive advantage can be a game changer. Implementing wireless on the factory floor can be just that. And our announcement with Rockwell Automation this week at Automation Fair, will make this a no-brainer. The announcement covered enhancements to our joint architecture with Rockwell Automation called the Converged Plantwide Ethernet (CPwE). The Cisco branded version, called Connected Factory, is a portfolio of validated, proven architectures, capabilities and market-leading technologies and services for industrial markets. Factory Wireless is the latest solution offering in this portfolio and delivers unified wireless for industrial applications. Read More »
As Automation Fair was wrapping up yesterday, all of my Cisco colleagues were expressing gratitude to our hosts at Rockwell Automation. We want to congratulate our partners at Rockwell Automation for once again, putting on a very successful user conference. Our partnership has evolved into a truly collaborative and demonstrably successful model for joint product and solution developments, go-to-market effectiveness, industry and thought leadership, all aimed at the same goal: our mutual customers’ success.