Clearly, the Internet is evolving. Fast.
We’re connecting more of our world every day. New connections. More valuable connections. The pace of change is accelerating.
Everything is coming online.
There are more people connected than ever. Technology is now powering more business processes. In a single year, we created more data than the past 5000 years combined. And the number of connected devices is growing rapidly every year.
(Click) It’s called the Internet of Everything. It’s changing how people, processes, data, and things connect to make amazing things possible.
It’s changing everything.
Sources
In 2012, more data was created then in the previous 5000 years (Telefonica I&D 2011)
80% of business processes are automated or supported by IT. Source: Mark McDonald, Gartner Group VP, Gartner Executive Programs, 2010
13 billion devices – from Cisco VNI forecast
39% of world population is on-line – International Telecommunications Union – 2013 ITC Facts and Figures
Today, we’re helping homes know when to turn off the lights or turn up the heat. We’re helping doctors better understand patients and the care they need. And we’re helping businesses simplify the customer experience while making their relationships more meaningful and more valuable.
And we’re just getting started.
Tomorrow, pill bottles will order their own refills. Shopping carts will take care of you at checkout. And crops will tell farmers when to harvest.
And even more exciting, the Internet of Everything is creating the biggest financial opportunity for your business we’ve seen since the birth of the World Wide Web.
As a matter of fact, we’ve done the math. It adds up to $19 trillion over the next 10 years. This is a combination of increased revenue and lower costs. This is new value generated and value migrating among industries and companies. (Note to presenter: $14.4 trillion private/$4.6 trillion public)
It’s a new era. Connections matter more than ever, and we measure results in only one way: meaningful outcomes.
By improving existing connections, you can unlock more value from your existing technology infrastructure, or free up resources for innovation.
And by creating new connections, you can accelerate new opportunities for growth
(Click) Through the Internet of everything, you’ll create superior and more personalized experiences for your customers.
(Click) It’s where you’ll deliver new products and services—quickly and intelligently. Who knows what next big thing your business might create.
(Click) Your organization will also run more efficiently—lean and mean like never before. Reducing costs. Increasing productivity. Getting to market faster.
(Click) And how about taking advantage of a world that’s increasingly connected? Can you see your business creating or entering entirely new markets?
(Click) In this era, which is happening now, you’ll also get more from your data. It will tell you things you didn’t know before—things you can put into action to improve your business.
(Click) And the beauty is you can achieve all of this while protecting your data, keeping your privacy promises, and complying with government regulations.
By taking advantage of the Internet of Everything, you have boundless opportunities to innovate. To stand out from your competitors. And to make and save money. Just name it.
This is what the Internet of Everything has to offer, and Cisco and our partners can help you capture your share.
In 2013, businesses that did the heavy lifting required to create more valuable connections got a (Click) $600 billion dollar payoff.
The bad news is another (Click) $600 billion went untapped by companies who weren’t fully prepared.
Source: IoE Value Index research, conducted by Cisco Consulting Services about the IoE Value at Stake.
So, why are we, as businesses, missing out on so much of this opportunity? Because we’re not adapting fast enough to change. We’re not connecting data and decision-makers fast enough. And we’re not connecting business and IT fast enough.
(Click) Simply put, our success requires us to innovate faster.
When companies aren’t innovating fast enough, that sets the stage for market newcomers to topple industry leaders.
By innovating fast—at a speed and scale unimagined a couple of years ago—you can achieve better business outcomes.
It’s all possible through connections.
(Click) Your customers, your stakeholders, your employees, your partners. Is there anyone who isn’t demanding more from your business? Personalized services. Real-time access to information. Instant communication. All delivered anytime, anywhere, on any device.
And how do they want it? Via apps, that are always on. Always up to date. And always easy to use.
All the while, you’re dealing with new models for delivery - public, private, or hybrid clouds.
This adds up to big opportunities and big challenges for your organization.
So you’re investing for growth and efficiency. You’re making business process improvements in your sales, marketing, supply chain, and more.
(Click) You’re building an IT infrastructure for Mobility, Cloud, and big data that includes network, compute, and security.
What’s next is building a shared commitment to become a more Innovative Organization. This means business and IT leaders working together. Connected for success.
It means building the capabilities you need for Fast Innovation. Why? Because innovation is the catalyst for growth and efficiency. It’s the foundation for business success.
Slide 10: Are We Ready?
As we chart our economic course for the next decade we must ensure that digital transformation forms the foundation of our strategy
This will allow us to create a stronger, faster, more dynamic and of course more Digital Canada.
The question we all need to be asking ourselves…each and every day…is
ARE WE READY?
Thank you!
Q&A
But fast innovation requires Fast IT.
So what stands in the way of Fast IT?
… integrating the infrastructure, platform, and application layers—and taking advantage of a comprehensive portfolio of services.
With Cisco, you don’t have to start from scratch. Our approach to Fast IT makes it easier for your business to connect and use what you already have to innovate faster by managing your infrastructure, platform, and applications.
We can help you turn your existing infrastructure into a Fast IT infrastructure.
We’ve identified six building blocks.
A flood devastated a village in rural india.
We teamed up to commit resources (human and monetary) and technology.
Over 3 years time, we built a healthcare center (interesting as it looks like a shack in the middle of the woods), so people could have access to healthcare remotely.
We built 4 networked skills and classes take place. 3 times a week students receive classroom training.
Now obviously a teacher in class Is better but no teachers want to live in a village in india…so this is a great option.
We also rebuilt houses – a village – in –a box approach.
Now this has become a business that we call Inclusive Growth – it’s replicable, it’s really getting traction because it’s meeting society’s needs.
Slide 9: It’s Just the Beginning
We’re at the end of the beginning. Digitization is in full swing.
Imagine the last traffic jam – where smarter cars keep traffic moving and the roads always flow
The last checkout line – where mobile applications keep lines short and customers happy
The last product recall – where remote teams can respond in real time to fix manufacturing problems in all products before they occur.
All of these things will be possible through a fully connected world.
IoE video goes here just before the wrap up.