Through a myriad of connections, the Internet of Everything has caused a digital disruption, forcing entire industries to evolve their business models in order to remain competitive and deliver optimized services. Both retail and higher education are prime examples. But, it’s the Internet of Things, comprised of millions of Internet-connected devices (estimated to be 50 billion by 2020), that’s having the largest impact on the manufacturing industry.
In a previous blog, we outlined how digital disruption is already happening across manufacturing and its sister industries like oil and gas. And while many of the operational changes and benefits happening are encouraging for the industry’s future, it’s also worth noting that as many as 40 percent of industry leaders will not adapt quickly enough, risking their survival in the industry. With so much at stake – Cisco estimates the Internet of Things will generate $8 trillion in Value at Stake through 2022 – it was the perfect time to host a #CiscoChat around “IoT-ready” machinery and connected factories.
Joined by members of the @CiscoMFG team and Brian Papke, the president of Mazak Corporation, we engaged in discussions on harnessing the power of connected machines, the opportunities being created and much more. Take a look at a few highlights below.
We know that manufactures are embracing digitization, but first, we wanted to gauge opinions of why they were doing so.
As a leader within the machine tool manufacturing segment, the team at Mazak Corporation quickly shared their thoughts.
The opportunities to drive business outcomes and enable more rapid and efficient manufacturing strategy were touted as well.
And a handy chart from one participant Read More »
Tags: Business Trends, ciscochat, connected machines, digital disruption, Digital Manufacturing, Social Chat, social media
Each week, we’ll highlight the most important Cisco Partner Ecosystem news and stories, as well as point you to important, Cisco-related partner content you may have missed along the way. Here’s what you might have missed this week:
Off the Top
CEO Robbins Has Cisco On The Fast Track, And Partners Are Ready, Set, Go
There has been no shortage of major moves since Chuck Robbins took over the helm at Cisco less than 4 months ago. He is moving Cisco at an unprecedented pace.
And while here at Cisco we see the strategy as moving quickly towards growth and adjusting to fast-moving markets, it’s always best – at least in my opinion – to hear what our partners have to say.
Luckily, CRN’s Mark Haranas checked in with Cisco partners this week for their reaction to the CEO’s moves. I encourage you to read his excellent article for what our partners think.
Cisco ACI Awarded InfoWorld Editor’s Choice
InfoWorld, a top IT publication, recognized Cisco’s powerful SDN solution, ACI, with the Editor’s Choice award based on an impressive overall review score of 9.6 out of 10.
An excerpt from the review:
“Cisco ACI is a powerful solution that’s designed for large-scale deployments. It represents a significant step away from traditional networking in both design and scale, and a significant step forward in managing Cisco networks through an open and modern API control structure.”
Our own Rick Snyder provided a snapshot on why this is both an important and impressive recognition. Be sure to read his thoughts on the partner blog.
Need to Reach More Customers? Tell Your Story through Social!
Bryan Sherlock is a regular contributor to the partner blog and is a heavy advocate for our partners. His specialty? Providing marketing enablement best practices and tips to help you grow your business and brand.
This week he says tell your story through social media to reach more customers. I have to agree wholeheartedly.
Take a Breather: Give Yourself a Mental Break for Optimal Productivity
Karin Surber is back this month providing partners excellent tips in and around sales. This week’s topic was one of my favorites. Why you say?
According to Karin and the research she has done, we should all be taking more naps, vacations, and breaks to reach optimal productivity and maintain mental performance. That’s what I’m saying!
So, take a break and read her insightful post. Read More »
Tags: #CiscoWR, ACI, chuck robbins, crn, InfoWorld, karin surber, rick snyder, social media, Weekly Rewind
How often do you bank? ?
For me, it’s a few times a week, but more frequently when I have a few bills to pay. Today, digital technologies makes checking balances, transferring money and even depositing checks an “anytime, anywhere” process using apps and mobile devices. Banks and other financial institutions that plan to stay ahead of the digital disruption must find innovative ways to transform and differentiate themselves. Otherwise, they may end up a part of the estimated four out of today’s top 10 financial services giants that could be displaced by digital disruption in the next five years or as Chris Skinner predicts, ‘see all their margin on traditional products erode in the next decade’.
During our latest #CiscoChat, banking futurist Chris Skinner (@Chris_Skinner), chairman of Europe’s Financial Services Club, joined @CiscoFSI for a live and fun discussion on how banks can make money, when everything is ‘free’. When transactions are table stakes.
If you missed the chat, the full recap is here. Below, I summarized a few of the highlights and insights. Read More »
Tags: banking, Business Trends, Chris Skinner, ciscochat, customer experience, digital, digital disruption, Financial Services, Social Chat, social media
“Bankers’ hours” started disappearing with the advent of ATMs in the 1970s and 1980s. Today, online and mobile access has made the transactional side of banking a 24/7, anytime, any place proposition. And that’s just the beginning. Innovative financial institutions and startups are also bringing disruptive new business models to deliver higher value banking interactions, such as financial advice and wealth management. The drive to the branch has been replaced by the drive to digital.
How can financial institutions stay ahead of this wave of disruption? I hope you’ll join me @pdjameson on the upcoming #CiscoChat to tackle that question next Tuesday, November 3rd at 1:00 PM EST / 10:00 AM PST. Together, we’ll consider such questions as:
- In an age of commoditized transactions, how can banks differentiate themselves?
- Where should banks focus as they seek to evolve their current business models?
- What kinds of on-demand services do customers want?
- What’s the key to winning wallet share of the digital customer?
Read More »
Tags: Chris Skinner, Cisco, ciscochat, customer experience, digital, digital disruption, Financial Services, Paul Jameson, social media
Just about everyone today knows the power of social video; however, some do not know how to articulate the top reasons why marketers should incorporate video into our marketing campaigns. I have combined my 15 years of experience in marketing, communications, e-commerce and social media management with degrees in Videography and Public relations to compose the top 3 reasons for integrating video. These top three reasons will help you modernize your marketing efforts by giving you best practices in video that will not only enhance your marketing budget/efforts but will also extend your ROI by way of greater adoption through engagement and reach.
Read More »
Tags: Blab, periscope, social media, Social Video