Business innovation rick huijbregts 16oct2013
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Fueling Innovation with the Internet of Everything. Smart + Connected Communities for Regional Transformation.
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Business innovation rick huijbregts 16oct2013
- 1. Fueling Innovation with the Internet of Everything Rick Huijbregts VP Industry Transformation Cisco Canada 16 October, 2103 © 2013 Cisco and/or its affiliates. All rights reserved. TM “TORONTO 2015” and logo are trademarks of the Toronto Organizing Committee for the 2015 Pan American and Parapan American Games used under license. Cisco Confidential 1
- 2. “ Ken Olson, Digital, 1977 @CiscoSCRE © 2010 Cisco and/or its affiliates. All rights reserved. #CiscoSmartTO Cisco Confidential 2
- 3. © 2010 Cisco and/or its affiliates. All rights reserved. Cisco Confidential 3
- 4. Source: Telefonica I&D 2011 © 2010 Cisco and/or its affiliates. All rights reserved. Cisco Confidential 4
- 5. Percentage Penetration of Potential World Markets 100 80 60 40 20 0 0 Cellular 10 PC 20 30 Internet 40 50 Television 60 Radio 70 80 VCR 90 100 Electricity 110 120 Telephone @CiscoSCRE Source: IBM’s Global Innovation Outlook, Joseph Jacobsen, Organizational and Individual Innovation Diffusion, 2004 © 2010 Cisco and/or its affiliates. All rights reserved. 130 140 Automobile #CiscoSmartTO Cisco Confidential 5
- 6. Mobility / Video Cloud New Breed of Apps Growth & Productivity Opportunities New Business Models User Experience & Expectations © 2010 Cisco and/or its affiliates. All rights reserved. Internet of Things Big Data & Analytics Globalization Security & Regulatory Compliance Cisco Confidential 6
- 7. Billions (devices) 50 Billion 50 40 “Smart Objects” 30 Inflection point 20 25 12.5 10 6.8 7.2 2010 2015 7.6 0 2020 World Population Source: Cisco IBSG white paper “The Internet of Things”, April 2011. © 2010 Cisco and/or its affiliates. All rights reserved. @CiscoSCRE #CiscoSmartTO Cisco Confidential 7
- 8. Solve Environmental Challenges Thrive in Smart Communities Live Enriched, Healthier Lives Redefine Work Models Focus on Improved Safety Achieve Energy Efficiency … to change the way the world works, lives, plays, and learns @CiscoSCRE © 2010 Cisco and/or its affiliates. All rights reserved. #CiscoSmartTO Cisco Confidential 8
- 9. Solve Environmental Challenges Thrive in Smart Communities Live Enriched, Healthier Lives Redefine Work Models Focus on Improved Safety Achieve Energy Efficiency … to change the way the world works, lives, plays, and learns @CiscoSCRE © 2010 Cisco and/or its affiliates. All rights reserved. #CiscoSmartTO Cisco Confidential 9
- 10. Solve Environmental Challenges Citizen Redefine Work Models Thrive in Smart Communities Business Infrastructure Focus on Improved Safety Live Enriched, Healthier Lives Government Achieve Energy Efficiency … to change the way the world works, lives, plays, and learns @CiscoSCRE © 2010 Cisco and/or its affiliates. All rights reserved. #CiscoSmartTO Cisco Confidential 10
- 11. Solve Environmental Challenges Thrive in Smart Communities Live Enriched, Healthier Lives Redefine Work Models Focus on Improved Safety Achieve Energy Efficiency … to change the way the world works, lives, plays, and learns @CiscoSCRE © 2010 Cisco and/or its affiliates. All rights reserved. #CiscoSmartTO Cisco Confidential 11
- 12. Solve Environmental Challenges Thrive in Smart Communities Live Enriched, Healthier Lives 32% meetings avoided $1.4b travel savings Redefine Work Models $ 535M productivity 771k metric ton GHG Focus on Improved Safety Achieve Energy Efficiency … to change the way the world works, lives, plays, and learns @CiscoSCRE © 2010 Cisco and/or its affiliates. All rights reserved. #CiscoSmartTO Cisco Confidential 12
- 13. Solve Environmental Challenges Thrive in Smart Communities Live Enriched, Healthier Lives Redefine Work Models Focus on Improved Safety Achieve Energy Efficiency … to change the way the world works, lives, plays, and learns @CiscoSCRE © 2010 Cisco and/or its affiliates. All rights reserved. #CiscoSmartTO Cisco Confidential 13
- 14. @CiscoSCRE © 2010 Cisco and/or its affiliates. All rights reserved. #CiscoSmartTO Cisco Confidential 14
- 15. of US Information Workers New networked mobile devices by of IT staff of employees use spend time working to keep up with mobile needs for work @CiscoSCRE Mobility / Video © 2010 Cisco and/or its affiliates. All rights reserved. Cloud New Breed of Apps Internet of Things #CiscoSmartTO Big Data & Analytics Cisco Confidential 15
- 16. By the end of 2011, 20 typical households generated more internet traffic than the entire internet in 2008 By 2015, 1 Zettabyte of data will flow over the internet 1 Zettabyte: Stack of books from Earth to Pluto 20 Times (72 billion miles) Every second, one Million minutes of video content will cross the global network in 2015 Source: Cisco IBSG, Cisco VNI Global Forecast, 2011–2016 © 2010 Cisco and/or its affiliates. All rights reserved. Cisco Confidential 16
- 17. of the World is Still Not Connected © 2013 Cisco and/or its affiliates. All rights reserved. Cisco Confidential 17
- 18. …the creation of a new industry Visionary Leadership Global Open Standards Smart Regulation Public Private Partnerships New Ecosystem & People © 2012 Cisco and/or its affiliates. All rights reserved. Cisco Confidential 18
- 19. Are you ready? © 2013 Cisco and/or its affiliates. All rights reserved. Cisco Confidential 19
- 20. Questions? @CiscoSCRE Thank you. © 2010 Cisco and/or its affiliates. All rights reserved. Cisco Confidential 20
Hinweis der Redaktion
- 4 exabytes of unique information generated in 2012; more than the previous 5000 years combinedNorth America alone on a daily basis generates over four times the information stored in the library of congressThe amount of new technical information is doubling every two years... For students starting a four-year technical degree this means that...half of what they learn in their first year of study will be outdated by their third year of study.IDC projects that by 2020 the digital universe will reach 40 zettabytes (ZB), which is 40 trillion GB of data, or 5,200 GB of data for every person on Earth. This amount exceeds previous forecasts by 5 ZBs, resulting in a 50-fold growth from the beginning of 2010.
- The pace of innovation continues to accelerate, making it difficult for companies to keep up with innovations as they enter the market. Companies recognize that they must not only innovate, but innovate faster. To achieve this goal, companies should establish an innovation process that: provides access to a variety of innovation sourcesmills the best ideas from that processapplies those innovations to products and servicesThis process should increase the impact and value of innovation and decrease the time required to get products to market.
- Over the past six years business demands for productivity, increasing globalisation and the consumerization of IT have remained constant – what has continued to rapidly evolve are the technology responses we have implemented to the business demands. Familiar technology trends like ubiquitous connectivity, mobility and Bring Your Own Device (BYOD) are culminating in the technology transition that we see as the consumerization of IT. Simply put, employees are demanding the same technology experience expectations in their workplace that they have in their personal lives (Amazon.com, Online banking, etc.)Additionally, companies and organizations are being faced with the demand for technology as a service inside the Enterprise. Employees want the ability to access any application, any time, anywhere – from the device of their choice. Technology responses start with the Technology Architectures that enable security, flexibility, speed and scale for the business
- 15 billion new networked devices by 2015 (VNI)According to the Cisco Connected World Technology Report, more than three of every four employees have multiple devices, and one in three employees globally uses at least three devices for work. The number of shipped tablets is set to jump from 16.1 million units (of which around one million were bought by businesses) in 2010, to 147.2 million in 2015, thereby representing around a third of all online US consumers, according to Forrester.56% of US information workers spend time working outside the office (Forrester)
- 99% of the “things” in the world are still unconnectedThe Internet of Everything is the networked connection of people, data, process and things. The benefit of the IoE is derived from the compound impact of connecting people, data, process and things, and the value this increased connectedness creates as “everything” comes online.Organizations are realizing the value of the IoE today. As more people, processes, data and things are connected the potential for greater value will increase.$14.4 trillion in “Value at Stake” can be created or will migrate among companies and industries based on their ability to harness IoE over the next decade (2013-2022)The Internet of Everything Value Index found that IoE is expected to enable global private businesses to generate at least $613 billion in profits in 2013 by creating greater efficiencies and better customer experiences. An additional $544 billion could be generated in 2013 if companies more effectively harnessed IoE capabilities.According to the Value Index, many business leaders around the world believe that IoE will help drive higher wages and job growth, and improvement in information security. Real-world use cases demonstrate the potential value of IoE for companies and industriesBecause the stakes are high — over 10 years, companies stand to lose more than a year of profits if they do not embrace IoE — the time to act is now
- So how can we help solve these issues?we need visionary leadership by political and key business leaders to visualize a different way to build and operate a cityopen global standards so that it can become a globally interconnected city, technologically and economicallySmart regulation by governments to redefine infrastructure development and city operationsPublic private partnerships with governments and private enterprises and I would add to that now a 4th P – PeopleGlobal ecosystem of partners that include academia, business, and social networks.Ittakes all five of these factors…without one, it changes completely.