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Cisco Innovators: JP Vasseur and The Internet of Things

2014-07-09 16:24:20
 

What Is the Internet of Things ?

The Internet of Things (IoT) is the network of physical objects accessed through the Internet, as defined by technology analysts and visionaries. These objects contain embedded technology to interact with internal states or the external environment. In other words, when objects can sense and communicate, it changes how and where decisions are made, and who makes them.

THE INTERNET OF THINGS

The Internet of Things (IoT) is the intelligent connectivity of smart devices, expected to drive massive gains in efficiency, business growth and quality of life.

In other words, when objects can sense each other and communicate, it changes how and where and who makes decisions about our physical world. This is especially meaningful for private enterprises and public institutions, which can find more operating efficiencies, deliver greater value to customers, employees, and citizens in general, and enable new business models.

BUSINESS OPPORTUNITY: UNLOCKING INSIGHTS WITH IOT

The IoT is connecting new places–such as manufacturing floors, energy grids, healthcare facilities, and transportation systems–to the Internet. When an object can represent itself digitally, it can be controlled from anywhere. This connectivity means more data, gathered from more places, with more ways to increase efficiency and improve safety and security.

By connecting previously unconnected devices, we can achieve a dramatic shift in:

  • The type and amount of information we collect
  • The ways we access and integrate this information
  • How and where we make decisions based on this information

The benefits of collecting, accessing, integrating and using this information include:

  • New operational efficiencies
  • Distributed intelligence and control
  • Faster and better decision making
  • Optimized workforce

NEW OPERATIONAL EFFICIENCIES

When data becomes networked, it can integrate with existing systems, extend the reach of the workforce, and enable new operational efficiencies, such as:

  • Remote monitoring, diagnostics, and management of critical assets
  • Real-time response to real-time information
  • Automating data collection to reallocate human resources (e.g. no need for meter readers, machine operators, etc.)
  • Greater flexibility with information available across business platforms and (Bring Your Own Device—BYOD) end user devices.
  • Roles-based access to information both on- and off-site

DISTRIBUTED INTELLIGENCE

IoT enables devices to respond to inputs from both machines and people.  As such, many decisions can be made closer to the endpoint rather than first traveling to a centralized location. This means:

  • Increased automation and less burden on centralized operations and underlying infrastructure
  • Faster and more cost-efficient resolution of issues for improved productivity and customer service
  • Intelligent filtering by determining which decisions require operator input

FASTER AND BETTER DECISION MAKING

With a more complete, data-based, and real-time status of operations, managers and operators can make decisions faster and better.

  • Precision and completeness to analysis: less reliance on sample sizes, more actuals available
  • Improved situational awareness from availability of data, audio or video information
  • Remote expert access with instant communications to on-site personnel

OPTIMIZED WORKFORCE

With the automation of many repetitive or data-intensive tasks and even decisions, organizations can better align their workforce to the skillsets they need for growth and competitive advantage. This can help with frequent areas of concern:

  • Retaining the skills of retiring workers
  • Adapting the work environment to appeal to younger workers with BYOD and internet tools
  • Adapt the work environment for safety and reduced on-site requirements

Cisco Innovators: JP Vasseur and The Internet of Things

For more information, please go to the Internet of Things website on cisco.com.