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Everyone is fascinated by the Digital transformation and the incredible opportunities that it will bring.
Prof. Klaus Schwab - the Founder and Executive Chairman, of the World Economic Forum – calls it the Fourth Industrial revolution He believes that we stand on the brink of a technological revolution that will fundamentally change the way we live, work, and relate to one another. He believe that this transformation will be unlike anything humankind has experienced before
In what way is this relevant to you? Since not only do you need to ask yourself, what does it mean to your business – in terms of how you manage your business model, your customers, your employees. But it can open great new business opportunities for you. We are seeing an incredible interest by customers on digital transformation and how it can changes their business\ You needs to seize this opportunity.
We are all familiar with how Uber disrupted the Taxi industry, but they are not stopping there UberEats – Food delivery UberRush – package delivery UberCargo – moving services Digital is transforming business in every industry – requiring every company to be an IT company…. Even industries you wouldn’t expect to be impacted.
Ford – 113 year old company Research facility in Palo Alto focused on connectivity, mobility, autonomous vehicles, customer experience and big data Human to machine interaction group – delivering items like MyView = customizable screens Flexible Mfg initiative – by 2017 avg 4 different models at each plant – allow them to adjust to demand; 3D printing of prototypes Wearable technologies – alerts for construction, intelligent cruise control = larger distance when your biometrics indicate slower response times Invested in GetAround a car-sharing service New electric car Energi sonar, cameras, radar, accelerometers, temp, rain sensors recharge times, locations and recharge length to develop a “personalized recharge plan” 25 separate measures on braking system alone – braking, speed, how hard, weather GM Invested $500M in Lyft on-demand self-driving cars short-term car rental hubs for those that don’t own cars to drive for Lyft Invested in RelayRides a car sharing service John Ammann – President of GM “We think there’s going to be more change in the world of mobility in the next five years than there has been in the last 50”
Schindler – 141 yr old company #2 elevator company – move 1B people a day on elevators, escalators and moving walkways (1/6 world’s population) sensors built into their equipment and added retrofits to older equipment predict outages, place spare parts, dispatch technicians App w/ uptime, # outages, 4 World Trade Center turnstyles connected, badge identifies destination, gives them the elevator # MyPort app recognizes smartphone at entry Michael Nilles (CIO) "Digitalization is something that's impacting our top and our bottom line. At first it was bottom line, but it's becoming more and more important to growing our top line,“
John Deere – 180 years old Software, network connectivity and data collecting sensors build into their machines Predictive analytics to prevent breakdowns Soil measuring sensors, GPS, weather meters tractors, combines and sprinkler systems interact Optimize sprinkler systems for weather and soil conditions What crops to plant where and what fertilizer and pesticide levels to use Not selling to commodity traders
RBC Converged 5 networks – HVAC, Metering, Lighting, CCTV and access into one Lower CapEx 10% and OpEx $600k
Square now process $10.2B per quarter
Studies show, companies that master digital will not only drive more revenue, but will be 29% more profitable on average [Source: Leading Digital].
General Motors, Gazing at the Future, invests $500M in Lyft (NY Times, January 4, 2016) http://www.nytimes.com/2016/01/05/technology/gm-invests-in-lyft.html?_r=0 GM invests $500M in Lyft; sets out self-driving car partnership (Reuters, Jan 5, 2016) http://www.reuters.com/article/us-gm-lyft-investment-idUSKBN0UI1A820160105
Ford Innovation (Ford site): https://corporate.ford.com/innovation.html http://thenewswheel.com/ford-developing-new-wearable-technology-at-research-and-innovation-center/ http://www.cio.com/article/3020263/innovation/how-ford-s-approach-to-innovation-could-help-apple.html https://digit.hbs.org/submission/driving-in-the-direction-of-big-data-ford-motor-company/
John Deere: https://openforum.hbs.org/challenge/understand-digital-transformation-of-business/data/john-deere-growing-and-harvesting-value http://www.datasciencecentral.com/profiles/blogs/from-farming-to-big-data-the-amazing-story-of-john-deere
In the same way VoIP disrupted the way that Telephony services, Cisco’s Smart+Connected Lighting Platform for Indoor Environments will disrupt how lighting is deployed.
Previously, lighting – as well as every other building network – was its own siloed network. Nothing spoke to each other. And it required complex wiring and conduits configuration.
The Cisco Smart+Connected lighting solution for buildings, on the other hand, runs on Power over Ethernet, or PoE. So there’s no electrical conduit to install. You simply run Cat 5e, 6, or 6a cable to your IP network, using a Cisco PoE switch. You save big money on installation. And because there’s no electrical conduit, you have the flexibility to easily move lights if and when you need to. In fact, in many cases, you can reconfigure the lights using code – with just a software edit. You don’t need to make physical changes at all.
This solution can also help you break down your network and equipment siloes. Smart+Connected indoor lighting is capable of converging disparate networks (including HVAC, Metering, Lighting, CCTV, Physical Security) into one network that provides building intelligence. It uses a high-density light placement model that powered by a resilient, high-bandwidth, and secured wired switch network. This creates a new class of networked LED lighting fixtures capable of hosting a variety of advanced sensors, cameras, speakers, and non-traditional lighting devices. It also leverages advances in LED technology that introduces a variety of new lighting capabilities such as temperature tunable white (aka Kelvin-tuneable) and RGB color.
Cisco Smart+Connected Lighting platform for buildings allows you to deliver new and innovative experiences for building occupants while providing granular energy management, control, analytics, and integration capabilities for building owners and operators.
Hard Wired Siloed, Multiple Networks Intelligent, Breaks Silos, Enables Analytics New User Experiences and Lower Cost Light Fixture Becomes a Data Source
Slide 12: 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
IoT613: Re-imagining Real Estate with the Internet of Things
Digital Transformation of Real Estate
business value in
a digital world
VP, Digital Transformation and Innovation
Transformation in Real Estate
1857: elevators 1870: lighting 1902: air conditioning 1970: curtain wall 1990: mainstream BIM
Cost Energy Security Utilization Experience
Business drivers that call for more transformation…
A Perfect Storm
Separate Building System Networks
Single Converged IP Network for Building and IT Systems
Building Systems Convergence
Light Fixture, HVAC controllers, and
everything else become IT edge devices
Single, secure, scalable, open IP Network