Every country, city, industry, and business is becoming digital in order to leverage the unprecedented opportunities possible from rapidly expanding connectivity around the globe.
Digitization requires customers to rethink their business, operations, and technology strategies. Cisco’s research, along with countless business experts, forecasts that 40% of today’s leading businesses will be displaced by competitors disrupting the market with new approaches— digitization is an imperative for business survival.
Digital transformation necessitates a combining of business and IT strategy that connects everything, embraces analytics, and takes a holistic approach to data security that spans technology and operations. According to the 2014 Digital Transformation report by the Altimeter Group, 88% of companies report undergoing a digital transformation — however, only 25% have mapped the digital customer journey and have a clear understanding of new or under-performing digital touchpoints. Read More »
The Internet of Everything (IoE) is connecting everything everywhere — on the land, in the air, and even on the sea. Cisco recently helped a competitive yacht crew win regattas using the IoE to provide the competitive edge. The vessel was outfitted with an IoE ruggedized platform combining boat sensor data; GPS, wind, and weather information; and a local Wi-Fi network to help the crew make critical decisions almost instantaneously.
I’m particularly excited about this implementation of Cisco’s Mobile Asset Management. The program highlights our ability to connect data from billions of things so people can make smarter decisions about how to live, work, and play. This is a perfect example of the immense power of the IoE to solve real-world problems through connectivity, insightful data and analytics.
The most impressive attribute of the Mobile Asset Management Suite is that it applies to all industries. It helps customers identify, track, control, monitor, and secure IT and non-IT assets across buildings, remote sites, retail locations, manufacturing facilities, and more.
I’ve been blogging a lot lately about how smart organizations in all industries need to embrace a digital transformation in order to innovate and compete at the blistering pace of the Internet’s next wave—the Internet of Everything (IoE). The pace of digital disruption is affecting the transportation industry in significant ways. The IoE is driving safety, mobility and efficiency efforts across the industry. And, while streamlining operations is critical to the success of any agency, it’s even more important when inefficiency can mean the difference between life and death.
The California Shock Trauma Air Rescue’s (CALSTAR) is an example of an organization that is driving its own disruption by embracing Internet of Things (IoT) innovation. Operational efficiency is vital to CALSTAR and seamless communication between hospitals, medical personnel, flying crews and CALSTAR dispatchers is something the company has also always envisioned. When the Federal Aviation Administration (FAA) updated its operational control guidance for air ambulatory operators, CALSTAR re-examined its own air-to-ground communication systems. They saw this as an opportunity to not only comply with FAA changes, but to ensure that transportation was the only concern its flight crews had to consider when transporting patients.
There’s no doubt that deployments of Internet of Things (IoT) solutions are increasing at a rapid pace as organizations face intense pressure to innovate and embrace the next wave of the Internet. Digital technology advances now enable new market entrants to threaten — and overtake — incumbents who fail to answer the innovation challenge. Think Uber, Airbnb, Tesla, and more. To up the ante on innovation and stay relevant, organizations across all industries are deploying IoT in an effort to embrace digitization.
How organizations embrace IoT as part of their digital transformation varies widely from industry to industry. For example, in manufacturing the focus is on automating inventory management, real-time monitoring/controlling of machine operations, and energy management. In the public sector, the emphasis is often on theft protection, asset tracking and real-time billing. What these industries and solutions have in common is the challenge of successfully navigating the very complex technology environment involved in getting the insights that drive successful outcomes. Successful IoT deployments require complex elements – connectivity, security, automation, analytics, and application enablement — to work together as a system to deliver those business insights.
At Cisco, we’ve done a great job of bringing powerful industry solutions to our customers that give them the business outcomes they need. Building these solutions requires drawing upon different ingredients to deliver an offering that is simple, agile, and repeatable. Many elements must to come together to deliver the value our customers need. The process for building a solution that seamlessly integrates all the elements to support a specific industry can be lengthy.
We’ve all seen how connected products can transform industries in areas like home energy management and personal health, and manufacturing is no exception. When products communicate back to their original makers, the manufacturers can detect production flaws well before customers would need to raise warranty claims. Further, product usage data can become the core of value delivered to the customer. Now that we have Fitbit and Jawbone UP, would you ever consider buying a traditional pedometer whose only method of telling you steps is on an LCD display? These ideas can be applied to machines on the factory floor too.