Cisco Demonstrates Commitment to Global Internet of Things Ecosystem, Announces New Investments at Internet of Things World

Cisco Demonstrates Commitment to Global Internet of Things Ecosystem, Announces 
New Investments at Internet of Things World Forum 
Newly Formed Internet of Things Group and Initiative Highlight New
Investments in the Internet of Things Ecosystem, Reflecting Cisco's
Goals of Helping Customers 'Connect the Unconnected' 
BARCELONA, SPAIN -- (Marketwired) -- 10/29/13 --  To demonstrate its
ongoing commitment to the rapidly accelerating Internet of Things
market, Cisco (NASDAQ: CSCO) today outlined new investments that
support Cisco's goals of developing innovation that contributes to
the growth of the Internet of Things ecosystem.  
At the Internet of Things World Forum, Cisco will announce its
Internet of Things initiative, intended to accelerate creation and
adoption of Internet of Things innovations in the market by helping
to grow the startup ecosystem, technology partnerships and university
research, with an initial focus on security, sensors, real-time
analytics and applications. 
Cisco will also unveil details of its Internet of Things Group, a
newly formed business unit that brings together existing internal
teams working in adjacent fields, tasked with evolving and developing
solutions for customers that provide connectivity for varied and
disparate sources of data, machines and people. 
This group will focus on developing vertical business solutions that
connect the previously unconnected influx of networked sensors,
devices and things that will enable the Internet of Things,
transforming today's business processes into dynamic, intelligent,
data driven and innovative business operations.  
Internet of Things Initiative  
Cisco will continue its active role in identifying market transitions
through a dedicated Internet of Things initiative comprised of a
cross-functional internal team led by Maciej Kranz, vice president of
the Corporate Technology Group within the office of the Chief
Technology and Strategy Officer. The team will bring together
company-wide efforts, including venture investments focused on the
IoT ecosystem and is intended to accelerate IoT innovation for
startups and entrepreneurs. Cisco has a unique opportunity to
accelerate external innovations that complement internal solutions to
help customers realize the potential of connectivity across disparate
Internet of Things Group 
The Internet of Things Group will focus on the continued development
of Cisco(R) networking solutions that combine plant switching, plant
routing, field networking, physical security and embedded networks
used across several vertical markets, including discrete
manufacturing, oil and gas, mining, defense, transportation, smart
cities, sports & entertainment, energy, and machine-to-machine
operations for service providers.  
The Internet of Things Group is a formal consolidation of several
existing initiatives within the company, including Cisco's Connected
Industries, Connected Energy and Physical Security businesses. The
first of these business groups was created in 2006 to serve
industries such as transportation, manufacturing, smart grid and
smart cities, with the goal of helping customers identify and pursue
unprecedented opportunities to realize dramatically greater value
from networked connections between people, processes, data and
This cross-platform group is headed by Rob Soderbery, senior vice
president and general manager of Cisco's Enterprise Networks
business, and Wim Elfrink, Cisco's chief globalization officer and
executive vice president of Industry Solutions. Cisco vice president,
Guido Jouret, has been appointed as the general manager of the
Internet of Things Group.  
Internet of Things World Forum 
These announcements were made today at the inaugural Internet of
Things World Forum in Barcelona, Spain. The Internet of Things World
Forum brings together global leaders, professionals and innovators
representing markets such as manufacturing, transportation, oil and
gas, utilities, healthcare, sports and entertainment, government,
education and retail. The event will also address topics that aim to
improve the lives of citizens in broad areas such as health,
education, innovation, transportation, job creation, the environment
and security. 
Supporting Quotes  
"The Internet of Things Group is an extension of Cisco's leadership
in connecting the previously unconnected -- and doing it in an
intelligent and comprehensive way," said Rob Soderbery, senior vice
president and general manager, Enterprise Networks Group, Cisco. "Our
premise is simple: instead of deploying lots of individual networks,
each for a single industrial application, we say, 'put it all on one
network.' Remember when data, voice and video all ran on different
networks? It was expensive and fragmented. We solved that problem and
we are solving this one." 
"Cisco is focused on bringing new perspectives, technologies and
solutions that anticipate and address customer needs around the world
and across a broad spectrum of public, private, and technology
sectors," said Wim Elfrink, Cisco's chief globalization officer and
executive vice president of Industry Solutions. "Using the
intelligence of the network as a way to connect what was previously
unconnected opens up tremendous business and services opportunities
that create new experiences and drive economic, social and
environmental sustainability." 
"The Internet of Things requires innovation in key technology
domains, including sensors, networks, data analytics and control
systems," said Guido Jouret, vice president and general manager,
Internet of Things Group, Cisco. "We are going to solve the unique
challenges of connecting things outside of the relatively tame
environments inside company walls. We are going to address the
control, resilience, security, analytics and application intelligence
of IoT connectivity."  
Supporting Resources 

--  Cisco's view of the Internet of Everything
--  Cisco's view of the Internet of Things
--  Cisco Unified Access Enables the Internet of Everything
--  Cisco white paper on the Internet of Everything "Value at Stake"
--  Cisco white paper: "The Internet of Everything; How More Relevant and
    Valuable Connections Will Change the World"

Tags/keywords: Cisco, Internet of Things, IoT, IoE, Internet of
Everything, Rob Soderbery, Wim Elfrink 
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