Tag: internet of everything

  • Cisco expands its innovation centre network to Australia

    Cisco expands its innovation centre network to Australia

    Today Cisco launched their latest Internet of Everything Innovation Centre in Perth, Western Australia. The facility joins the seven existing centres around the globe which includes Rio de Janeiro, Toronto, Songdo, Berlin, Barcelona, Tokyo and London.

    As a joint venture with resources company Woodside and Curtin University, the centre will initially focus on the gas industry and will include a state-of-the-art laboratory, a technological collaboration area, and a dedicated space to show the Internet of Things in action.

    Oil and Gas is one of the key sectors for targeted by Cisco in their Internet of Everything push with Brad Bechtold, the company’s Energy Lead, telling Decoding the New Economy earlier this year how the IoT is expected to deliver an eleven percent reduction of costs for the $1.5 trillion dollar a year industry.

    Bechtold believes remote sensing and operations will be the driver of many of the cost reductions along with detailed analytics enabling more efficient operations.

    Many of these technologies will be tested as part of Woodside’s Plant of the Future gas project with CEO Peter Coleman saying the scheme will link company’s knowledge base with artificial intelligence, data analytics, and advanced sensors and control systems.

    “We are taking a collaborative approach to enhancing our operations as part of our digital transformation journey. This partnership will create a globally competitive centre for excellence that could be leveraged in our LNG operations, as we progress our remote operations capabilities,” Coleman said.

     

    The Perth centre intends to bring together start-up companies, industry experts, developers, researchers and academics in an open collaboration environment to create a “connected community” focused on cloud, analytics, cyber security and IoT network platforms.

    The Australian Commonwealth Science, Innovation and Research Organisation (CSIRO) has also flagged it intend to join the hub as part of its Square Kilometer Array deep space mapping project.

    Another branch of the Australian hub is expected to open in Sydney later this year.

     

     

    Similar posts:

  • The IoT undergoes a restructure

    The IoT undergoes a restructure

    Quirky, the well funded Internet of Things startup that came to attention for its connected egg holder, announces a restructure.

    It looks like the IoT isn’t the easy road to riches, regardless of how well funded a business is.

    Similar posts:

    • No Related Posts
  • Can the Internet of Things survive a tumble?

    Can the Internet of Things survive a tumble?

    That the Internet of Things is posed to fall into the depths of the trough of disillusionment according to Gartner’s latest Hype Cycle should come as no surprise to those following the industry.

    For the industry, such a fall might not be a bad thing. During the upswing to the Peak of Heightened Expectations technologies attract the hot, dumb money along with the motley collection of shysters and opportunists a gold rush always lured in by the prospect of easy returns.

    When a product, technology or industry falls into what Gartner calls the trough of disillusionment it’s usually the time when its real value is discovered. Without the distractions of hype or dumb money distorting the market, the industry finds a way of using a product that’s become somewhat passe.

    For the Internet of Things, it won’t be a bad thing if the sector tumbles into the abyss. The sooner it happens, the faster industry will figure out where the real value and benefits lie.

    The only damage might be to some of the more prominent boosters’ egos and the hip pockets of some of the more over eager investors.

    Similar posts:

    • No Related Posts
  • Microsoft and the Internet of Your Things

    Microsoft and the Internet of Your Things

    Microsoft has come late to the Internet of Things party, but it is has a good angle with it’s ‘Internet of Your Things’ tagline.

    General Manager of Microsoft’s embedded systems division, Barb Edson, spoke with Decoding The New Economy about the company’s strategy with the Internet of Things.

    For Microsoft, the emphasis is on the enterprise side of the business with Edson describing their strategy of “B2B2C” where the value in the IoT lies in managing the data for the businesses providing consumer services.

    Most notable is the company’s IoT tagline, as Edson says; “from Microsoft’s perspective we view the Internet of Things as ‘the internet of your things.”

    “Lots of companies out there talking about the Internet of Everything that there’s 212 billion devices, why do you care as business executive. You care about your things.”

    Microsoft’s strategy is based on leveraging their own assets such as Azure cloud services, SQL Server and Dynamics along their customers’ existing infrastructure.

    This retrofitting the internet of things to existing infrastructure is illustrated by Microsoft’s using the London Underground as its main reference site.

    Connecting all 270 stations of London’s 150 year old Tube network to the IoT is a massive undertaking and one that can only be done by retrofitting existing monitoring and SCADA systems.

    Interestingly the case study only look at Phase One of what appears to be pilot project in selected locations, the Microsoft spokespeople were a little unclear on this when asked.

    The London Underground is only one example of millions of organisations that will grapple with adding existing equipment to the internet of things in coming years; it’s an opportunity that Microsoft has been smart to identify.

    Edson however is clear on how Microsoft intends to help companies deal with the information overload facing managers, “I think the most exciting thing is we’re seeing real business problems being solved.”

    Similar posts:

  • Tomorrow Starts Here

    Tomorrow Starts Here

    Today was the main day of the Melbourne Cisco Live Conference; the company’s annual Australian event.

    Much of the talk was around the Internet of Everything — which will be the basis of subsequent  posts — with a constant theme around the explosion of data.

    A favourite statistic was that of Cisco’s Executive Vice President who pointed out that US Department store Walmart collects 2.5 Petabytes of customers data every hour.

    The reason for this was pointed out by GE’s Australia and New Zealand CIO, Mark Sheppard, who pointed out that twenty years ago jet engines had few sensors while today they have hundreds, a point also made by Team Lotus’ Engineering Director Nick Chester to Networked Globe.

    Chester observes that when he started in Formula One racing two decades ago, there were four or five sensors on a racing car; today Lotus’ vehicles have over two hundred.

    All of these sensors are creating massive amounts of data and the big challenge for businesses is to manage all of this information, something we’ll be exploring over the next few weeks.

    Similar posts:

    • No Related Posts