Light Reading

Cisco to Open 3 More IoT Innovation Labs

Sarah Thomas
7/22/2014
50%
50%

CHICAGO -- Cisco will open the doors to three more innovation centers focused on the Internet of Everything (IoE) as it looks to take a chunk of the $19 trillion opportunity it sees in connecting, well, everything.

Cisco Systems Inc. (Nasdaq: CSCO) announced its newest Innovation Center, to be based in Barcelona, on Tuesday at an event in Chicago, but with some help from the Spanish city's CIO Manel Sanroma, who joined via a telepresence link. The center will focus on research and tech development around the IoE for smart cities.

IoE, by the way, is Cisco's term for connecting all manner of devices, as well as using the massive amounts of data they generate to create business value. Others call this concept the Internet of Things (IoT), a term first coined by Kevin Ashton way back in 1999. Whatever you want to call it, the idea has been enabled by the rise of machine-to-machine (M2M) communications.


Want to know more about IoT? Check out our dedicated IoT content channel here on Light Reading.


Cisco sees this IoE/IoT/M2M market being worth $19 trillion over the course of the coming decade. As such, it is building these innovation centers to tap into new opportunities, sell more of its equipment and consulting services, and accelerate growth in the industry, in general.

The networking giant has also committed to funding startups in the space. Kip Compton, Cisco's brand new VP of engineering and GM of the IoT business group, said it all comes back to connectivity, something in which Cisco has a major stake. (See Cisco's IoT Leader Finds Other Things to Do, Cisco Investments Gets $150M Boost, and Chambers Caught in 90s Deja Vu.)

"By funding companies, we hope to accelerate the market," Compton said. "We hope to bring together solutions for our customers with partners more quickly. All that feeds into the product and technology teams I lead to make sure were building the right core technologies to support all of this."

Barcelona's 1,720 square foot Innovation Center will open in the summer of 2016 (in time for Mobile World Congress 2017!). Cisco also has facilities in Rio de Janeiro, Brazil, and Songdo, South Korea, as well as two in development in Germany and Canada. The company also plans to invest close to $30 million in the facilities, with funds going towards IT equipment and the hire of engineering, app development, and research staff from 2015 to 2020.

In Barcelona, the center will serve two purposes: a lab at which partners can design new smart city services, such as location-based analytics, parking improvements, energy management, and safety; and a showcase for Cisco's own technology for smart cities, including its Smart+Connected Communities platform.

"When you look at how you want your city to be in the future, you apply technology in a way that will help it grow into that," Barcelona's Sanroma said. "We saw that IoT was the way ahead, and we decided to bet on it."

— Sarah Reedy, Senior Editor, Light Reading

(3)  | 
Comment  | 
Print  | 
Newest First  |  Oldest First  |  Threaded View        ADD A COMMENT
nasimson
50%
50%
nasimson,
User Rank: Light Sabre
8/5/2014 | 11:48:17 PM
Re: Barcelona
> points out that Barcelona used to be one of the most unprofitable
> cities in the world, but now is one of the most profitable.

@Sarah: Cities are not supposed to be profitable. These are not corporations. Cities  should be sustainable and efficient. We should not corporatize everything & run everything with a profit motive. Or am I missing something here?
danielcawrey
50%
50%
danielcawrey,
User Rank: Light Sabre
7/22/2014 | 5:20:53 PM
Re: Barcelona
I prefer the use of IoT, and I think that this is a great innovative for building smarter cities. 

Yes, I know that smarter cities sounds like something IBM would say. But it seems pretty obvious to me that most municipalities are pretty inefficient, at least less efficient than they cold be. 

That can change with IoT - but adoption up to this point. 
Flash Poll
From The Founder
Anshul Sadana answers questions from Steve Saunders, Light Reading's founder and CEO, about Arista's CloudVision, a global cloud network controller for workload orchestration and workflow automation delivering a turnkey solution for cloud networking.
Live Streaming Video
CLOUD / MANAGED SERVICES: Prepping Ethernet for the Cloud
Moderator: Ray LeMaistre Panelists: Jeremy Bye, Leonard Sheahan
LRTV Custom TV
End-User or Enterprise Benefits to the New IP

7|30|15   |   04:27   |   (1) comment


Andrew Coward discusses what the New IP means to end users or enterprise customers. He explains compelling reasons, including how every customer can get their own network, from the transformation to the New IP.
LRTV Custom TV
Network Visibility & the New IP

7|30|15   |   02:23   |   (0) comments


Mukund Srigopal provides an explanation of what network visibility is and how it is essential as service providers transition to the New IP. In addition, the importance of the network packet broker is discussed.
Between the CEOs
Video Exclusive With Basil Alwan, Alcatel-Lucent

7|24|15   |   26:44   |   (5) comments


Basil Alwan, President of IP Routing & Transport at Alcatel-Lucent, discusses virtualization, cultural challenges, the capex crunch and more with Light Reading founder and CEO Steve Saunders.
LRTV Custom TV
VDF: Enable the Financial With Mobile Money

7|20|15   |   06:53   |   (0) comments


Ian Ravenscroft discusses how operators can expand to occupy the entire digital services value chain through service innovation.
LRTV Custom TV
Telefónica on OSS Transformation

7|20|15   |   06:01   |   (0) comments


Jose Gonzales discusses the details of Telefónica's operation transformation program.
LRTV Custom TV
Judi Achmadi on Huawei's Cloud Storage Solution

7|20|15   |   03:33   |   (0) comments


Judi discusses the key business goals of TelekomSigma's public cloud service and how Huawei's solution helps them address challenges.
LRTV Custom TV
KPN Enlightening Digital Business & IT Transformation

7|20|15   |   06:19   |   (0) comments


Rob de Beer discusses the changes that operators need to make with service innovation now coming from the Internet world.
LRTV Custom TV
Stratus Telco-Grade Cloud Solutions & NFV

7|20|15   |   07:34   |   (0) comments


Ali Kafel from Stratus Technologies addresses high-availability concerns within the telco industry with a solution that enables telcos to provide high-availability and stateful fault-tolerance using a software-based approach.
LRTV Documentaries
The Six Million Dollar Business Man

7|20|15   |   01:52   |   (0) comments


Steve Saunders, publisher. A man barely alive after an acquisition malfunction imploded the company he founded. Gentlemen, we can rebuild Light Reading. Better, faster, stronger.
Between the CEOs
CEO Chat With Anukool Lakhina, Guavus

7|20|15   |   38:51   |   (1) comment


Guavus CEO Anukool Lakhina talks to Light Reading founder and CEO Steve Saunders about the role of operational analytics in the communications services and networking sectors, particularly in relation to IoT.
LRTV Custom TV
IBM's Flash Storage With Intel QuickAssist

7|20|15   |   03:18   |   (0) comments


Intel's Bev Crair and IBM's Eric Herzog discuss how IBM's V9000 Flash Storage System has helped customers around the world. Featuring real-time compression powered by Intel QuickAssist Technology, the V9000 is a next-gen flash storage solution.
LRTV Huawei Video Resource Center
Thailand's AIS: Transforming to an FMC Operator

7|17|15   |   4:53   |   (0) comments


Saran Phaloprakarn, Senior VP of Fixed Broadband Business Management of Thailand's AIS, was a keynote speaker at the first Asia-Pacific Ultra Broadband Summit in Bangkok. In this video, he talks to Heavy Reading about transforming into an FMC (FBB+MBB+Content) operator.
Upcoming Live Events
September 16-17, 2015, The Westin Galleria Dallas, Dallas, TX
September 16, 2015, The Westin Galleria Dallas, Dallas, TX
September 16, 2015, The Westin Galleria Dallas, Dallas, TX
September 29-30, 2015, The Westin Grand Müchen, Munich, Germany
October 14-15, 2015, New Orleans Ernest N. Morial Convention Center, New Orleans, LA
November 5, 2015, Hilton Santa Clara, Santa Clara, CA
November 17, 2015, Santa Clara, California
December 1, 2015, The Westin Times Square, New York City
All Upcoming Live Events
Infographics
Network operators start seeing savings from NFV in the first year, according to a study by Affirmed Networks and ACG.
Hot Topics
Robbins Succeeds Chambers as Cisco Changes CEOs
Mitch Wagner, West Coast Bureau Chief, Light Reading, 7/27/2015
Cable Feuds With Senate Dems Over STBs
Alan Breznick, Cable/Video Practice Leader, 7/31/2015
RJio to Launch Its Own 4G Devices Brand
Gagandeep Kaur, Contributing Editor, 7/27/2015
Easing the Tech Pains for the Homeless
Carol Wilson, Editor-at-large, 7/28/2015
Like Us on Facebook
Twitter Feed
September 22, 2015
Media Begins With “Me”
Webinar Archive
BETWEEN THE CEOs - Executive Interviews
Basil Alwan, President of IP Routing & Transport at Alcatel-Lucent, discusses virtualization, cultural challenges, the capex crunch and more with Light Reading founder and CEO Steve Saunders.
Guavus CEO Anukool Lakhina talks to Light Reading founder and CEO Steve Saunders about the role of operational analytics in the communications services and networking sectors, particularly in relation to IoT.
Cats with Phones
Comes With Free Phone Stand Click Here
Who says cats don't have any skills?