The Internet of Everything (IoE) is disrupting innovation models and causing market shifts. One of the most powerful IoE-driven opportunities will be the value created from big data and analytics. As IoE gains momentum and creates billions of new connections, each of those connections will be capable of producing data. The enterprises that can unlock the intelligence within that data - quickly and effectively - will hold the key to a powerful and sustainable competitive edge.
It has become the daily norm to hear about how a company or municipality is utilizing the power of big data -but invariably, these stories represent isolated use cases. I see a future in which enterprises will capitalize onpervasiveuse of big data -unlocking its power in a wide range of departments.And that future is not far away.
That's because IoE is driving the creation of significantly improved access to better data. In about five years, 50 billion connections will have been inserted into critical locations within the value chain, providing not only insights into current conditions, but also enabling automated, real-time responses. This is the big picture of big data. And the intelligence that enterprises gain will deliver ongoing benefits: that data can be analyzed in many different ways, creating intelligence that can drive ongoing innovations. Consequently, organizations that apply that intelligence pervasively will enable new, game-changing speed and innovation throughout the entire fabric of their enterprise. They will be the ones who are setting the pace that competitors must follow.
No wonder a study published by Accenture and General Electric this month revealed that 87% of enterprises believe Big Data analytics will redefine the competitive landscape of their industries within the next three years. 89% believe that companies that do not adopt a Big Data analytics strategy in the next year risk losing market share and momentum.
Organizations seeking to make big data and analytics a core competency won't settle for anything less than an infrastructure that is designed specifically for the IoE era-one that is:
The fact is that not all big data solutions are created equal. At Strata Hadoop World two weeks ago, Cisco shared our leading-edge big data infrastructure and analytics solutions to help our customers unlock the intelligence in their data. Our offering will ensure that customers can fully capitalize on the big data opportunity in the IoE era:
I invite you to listen to a webcast that summarizes how Cisco and our ecosystem partners can help you unlock the power of your big data and provide a significant and sustainable competitive advantage for your business.#UnlockBigData