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Accelerating open innovation on all fronts at Cisco

I introduced Cisco Entrepreneurs in Residence (Cisco EIR) earlier this year as a cornerstone in our strategy of embracing open innovation at Cisco. I also shared how we were extending Cisco EIR and open innovation across the US through local incubation partners, and I announced the launch of Cisco EIR in Europe. Now I would like to share updates on the great progress we are making with Cisco EIR as a catalyst of open innovation at Cisco.

Startups Selected to Join Cisco EIR in Europe

Last week we were excited to announce the six startups that will be joining our Cisco EIR program in Europe at the Pioneers Festival in Vienna. The six winners – innovating in the areas of Smart Cities, Internet of Everything (IoE)/cloud and Big Data/analytics – were chosen through a rigorous multiphase selection process conducted in collaboration with Pioneers. More than 350 applicants from 39 countries applied to join Cisco EIR Europe, with 15 finalists pitching live at the Pioneers Festival in front of Cisco experts and our European partners. Winners were selected based on the viability of their business plans, the strength of their teams and their alignment with Cisco’s IoE vision and strategy.

We were impressed beyond our expectations by the vision, passion, talent and technology of all 15 finalists. These startups made us more excited and convinced than ever that Europe was the right platform to discover and nurture the next generation of disruptive ideas for our industry and for Cisco.

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Video Showcases Hamburg’s Digital Smart City + Port Connection

This blog post was co-authored by Michael Ganser, Cisco’s SVP for Central and Eastern Europe. Follow Michael on Twitter @MichaelGanser

The inter-connection among society, the economy and environment, enabled by Internet of Everything (IoE) technology, was a central theme at the recent M-Smart City Summit hosted by the City of Hamburg.

Port of Hamburg Blog Image

It is no coincidence that the Summit was incubated here and its public and private sector leaders advanced the overall theme of connecting the
.  Collectively, Hamburg’s leadership is driving a visionary strategy to digitize the entire metropolitan region, virtually connecting government, port, business, citizenry, healthcare, academia, public safety and other key organizations.

After just a few years, historic Hamburg has burst into the 21st century as not only a modernized Smart City, but also as a Smart + Connected Community, or, as some call it, a futuristic Seatropolis, anchored by the economic powerhouse of Hamburg‘s port operations.

Essential Application Centric Infrastructure

Today, we are thrilled to release a new video starring Hamburg. In “Internet of Everything Transforms Hamburg into a Smart City,” we showcase how leaders started with an ICT master plan to incorporate a single platform for collaboration, that leverages essential Application Centric Infrastructure. This integrated network stretches across departments and organizations throughout the urban landscape, seamlessly connecting people, processes data  and things — a single digital overlay to existing physical infrastructure.

With many more Internet of Everything plans still in the works, Hamburg has already realized tremendous value Read More »

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Location Based Services Enabling Smart Connected Cities

Smart Cities and the Internet of Everything have become commonly used terms over the past year or two. Both represent huge opportunities for both business growth and also for the delivery of better services and experiences for consumers and citizens alike. The size of this IoE opportunity has been widely predicted to exceed $14 Trillion[1] and within this just the Smart Cities component has been estimated to be worth $1,266 Billion[2] by 2019.  With this scale it is little wonder that it attracts a lot of interest and therefore a lot of very interesting innovation.

lbs1.1The Internet of Everything (IoE)  brings together people, process, data and things to make networked connections more relevant and valuable than ever before.  Smart and Connected Cities takes this and applies it in an urban environment to create new capabilities , richer experiences and unprecedented economic opportunity for businesses, individuals and countries.

While the Internet of Everything is about a connected grid of people, processes, data and things, what touches most of us is the ‘connecting people’ part of this equation.Within the greater IoE world, the Foundation for Delivering Next-Generation Citizen Services is how organizations and municipalities find innovative mechanisms to engage with us all. Read More »

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The #InternetOfEverything Machine and What it Means to the World

Typically art and technology make strange bedfellows. But the Internet of Everything Machine at Cisco Live San Francisco in June was undeniably one of the coolest interactive installations I’ve seen at a conference. The exhibit simulated an attendee’s journey through a city connected by real-time data, so each visitor got a unique and personalized digital city experience. More importantly, it demonstrated how the Internet of Everything will help a city run more efficiently and the positive impact that can have on citizens.

From streetlights that turn themselves off to save energy and recycling bins that communicate when they’re full, to self-adjusting traffic lights that prevent traffic jams and smart luggage that tracks itself – the possibilities are endless.

The Internet of Everything Machine was a temporary exhibit at Cisco Live, but the Internet of Everything is becoming our reality. While it is certain to shape our future, it’s also in action today. The Internet of Everything (IoE) is not a tangible item. Rather, it is the connections between people, process, data and things that create more valuable and relevant experiences than any of us could have ever imagined before.

Ioe Machine Erica Schroeder 8.7.14

Many elements that make up the Internet of Everything are not new and each can function independently. But, the true power of the Internet of Everything lies in all of them working together to create richer experiences and economic opportunities for everyone – businesses, individuals and even countries.

For example, a recent economic analysis estimates the Internet of Everything represents a $19 trillion opportunity for public and private sector organizations over the next decade. This occurs from cost savings, productivity gains, new revenue and improved citizen, worker and consumer experiences.

The Internet of Everything makes our everyday lives more convenient. Our ability to make payments from our smart devices, a store associate using a hand-held device to expedite checkouts and even one day riding in a self-driving car are all innovations made possible by the Internet of Everything.

The Internet of Everything Machine gave Cisco Live attendees a glimpse into a concept city that could run seamlessly with the Internet of Everything. And all over the world, corporations, municipal agencies and individuals have used it to improve their operations and even their health:

  • In Dubai, one of the world’s fastest-growing and cosmopolitan cities, cranes that swing too close to one another are halted by an Internet-connected system, safeguarding a network of 37 cranes and 5,000 workers near the world’s tallest buildings.
  • Though many of its operations take place deep inside mountains, Dundee Precious Metals utilizes WiFi-enabled vehicles, haulers and crushers and above-ground command centers to capture real-time data, resulting in a cost-savings of $2.5 million and production increase of 400%.
  • Wearables have made great strides in improving healthcare and have the potential to save lives when seconds count. Already, 21% of Americans use wearable devices to help track health data. What’s even more exciting for the medical field and patient care is that wearables can be outfitted with technology that allows them to communicate with doctors and other healthcare professionals directly. A Band-Aid that indicates if a wound is healed, skin patch wireless blood glucose monitors and systems that sound an alert when it’s time to refill a prescription are all possible through the Internet of Everything.
  • New York, a burgeoning “Smart City” has partnered with City 24×7 to make public communications available to anyone, anytime, anywhere with their Smart Screens. These screens are interactive and highly-visible in area train stations, malls and sport facilities and transmit offers, services and area information in real-time. And, they can be accessed via smartphones, tablets and laptops!

Through these few examples it’s easy to see that the Internet of Everything’s societal and enterprise advances are making a real impact. The Internet of Everything is changing everything about the way we live and the ways we can live. There will be challenges, but as John Chambers noted, overcoming them will take precedence, because the benefits are far too great to ignore.

Dream big – what are some of the innovations you’d like to see the Internet of Everything make possible? What does your City of Tomorrow look like? We want to know what examples of the Internet of Everything you see in your own City of Tomorrow – your neighborhood! Join the conversation online by tagging your photo and video examples with #InternetOfEverything and #CityOfTomorrow.

Be sure to follow @CiscoIoE on Twitter and join the conversation, #InternetOfEverything and #CityOfTomorrow.

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Launching Cisco Entrepreneurs in Residence in Europe

I recently wrote about how we are extending Cisco Entrepreneurs in Residence (EIR)  and our open innovation strategy beyond Silicon Valley through local incubation partners in Chicago, San Diego and Berkeley.  Our presence in these innovation hubs will enable us to discover, influence and learn from new ideas and talent at early-stage startups with potential to disrupt our industry.

Today, I am pleased to announce the launch of Cisco EIR Europe, extending our program to a non-U.S. innovation hub for the first time.  Cisco EIR will be located initially in Vienna, where we plan to launch a small cohort of early-stage European startups by January 2015 – to be supported & incubated by Cisco – drawn from across EMEAR.  As with Cisco EIR in Silicon Valley, we will look for game-changing entrepreneurs in IoE, security, Big Data/analytics, Smart Cities & other transformational opportunities that are in Cisco’s strategic line of sight.  Also as in our Silicon Valley program, the startups will be supported by Cisco engineering & product teams as well as our EMEAR partner ecosystem.  The Vienna-based program is intended to serve as the beachhead – our “Phase 1” – for a broader EU-wide footprint for Cisco EIR.

Key to our success is how we leverage the startup ecosystem that already exists in Europe.  To this end, starting in Vienna, we have partnered with Pioneers, a leading startup community organization in Europe.  More partnerships are in the works.

I know all of you will agree innovation knows no national boundaries.  Europe, with its deep entrepreneurial talent, large market and history of innovation, presents a unique opportunity for usEurope is also one of the key regions for our Smart Cities – as you saw from our recent announcement of a new Smart Cities initiative in Copenhagen, following similar projects in Barcelona, Amsterdam Chicago and Hamburg.

We are thrilled to forge relationships in the European startup community – and support entrepreneurs as partners in open innovation.

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