Cisco Augments and Diversifies IoT Platform by Catering to the Idea of 'Everything Connected'
FREMONT, CA: Stepping into the era of IoT explosions, Cisco is grabbing the headlines with its growing IoT portfolio. According to Cisco, the IoT market will grow from 15 billion connected devices in 2015 to 500 billion devices or more by 2030. Since the technology is being highly adaptable and cost effective, its hype is of no question a warm welcome to the golden age of digitization.
Cisco’s multi-layer architectural approach for aiding businesses to deploy an IoT infrastructure enables them to build the platform on existing systems allowing near real-time analysis and action with closer distributed computing of data. Cisco IOx, part of Cisco IoT platform brings together intelligent compute and open connectivity to the network edge. They are placed closer to where data is being collected in order to make real-time decisions. Thus, Cisco delivers an open, flexible, and manageable way for innovative, agile, and efficient operations among businesses accelerating IoT performances in the application architecture framework.
“Technology companies adding software to the things that surround us is a bit like the fire department dousing everything with gasoline -- it's a guarantee of continued employment. Getting our things to function together reliably and securely is an ongoing challenge for the technology industry. It also presents a significant growth opportunity,” says Chuck Robbins, CEO at Cisco's Global Editors Conference.
Robbins specifies that security is a major concern of Cisco’s customers and to substantiate the statement Thomas Claburn reporting for InformationWeek points out the company’s recent acquisition of Portcullis Computer Security. He also points out that Cisco is also concentrating on data analysis and management too as collection of data from IoT is of no use until it is made practical.
“CIOs say they're spending about 75percent of their time dealing with systems integration and operational work. They'd prefer to be spending that time figuring out how technology can drive strategic value for their companies.
In a reversal of historical trends, customers are now focused more on operational expenditures than on capital expenditures. Some 70 percent of the cost of IT systems today involves ongoing operational expenditures,” states Robbins.
Connected Machines, a new venture for Cisco’s digital manufacturing portfolio expansion for enabling partners of the company to transforms factory machines as a service. For mass transit providers, the company has designed Connected Mass Transit, a unified multi-service network which is a part of its digital transportation portfolio. Furthermore, Cisco has launched Substation Security for digital utilities line and Connected Pipelines for the oil and gas industry. ISA-3000 Industrial Security Appliance is yet another product launched under its IoT platform.
“Companies are coming to the conclusion that having 40 to 50 individual security vendors is no longer an option. Companies want a holistic solution, one that allows them to spend less time integrating IT systems. The trick is to be the one company providing that single solution. Cisco's strategy of pursuing partnerships with the likes of Apple, GE, and IBM suggests no one company can fill that role. The proliferation of connected things will only make it more important for companies to work together to make ubiquitous connectivity work. For Cisco and its peers collaboration isn't just a product line, it's also a business necessity,” notes Robbins.