Listening to the Voice of the Buyer: Cisco’s 2024 State of Industrial Networking Report

Nothing has been brisker in my profession than listening to clients. Listening to them describe their present challenges, envision new aggressive benefits, and measure their ROI are however a number of examples. These insights are invaluable not solely to strategic companions and market leaders like Cisco but in addition to trade friends who’re studying concerning the highest worth use circumstances rising from the fast modernization of commercial networks.

For sure, listening to from 1,000+ trade professionals without delay is a uncommon alternative, and that’s the reason I’m excited to share our 2024 State of Industrial Networking Report with you.

The commercial panorama is present process large transformations because the listing of use circumstances, enterprise outcomes, and aggressive benefits pushed by operational community investments continues to develop. Because of this, operational know-how (OT) networks are converging with their enterprise IT counterparts, creating a fancy and dynamic setting. To grasp the challenges and alternatives that lie forward, Cisco, in affiliation with Sapio Analysis, performed a complete survey gathering insights from over 1,000 trade professionals throughout 17 international locations and in 20 sectors, together with manufacturing, utilities and transportation.

The 2024 State of Industrial Networking Report sheds gentle on the evolving industrial networking panorama, revealing key traits that can form the longer term. Let’s take a look at a few of the report’s most important findings:

OT Safety Takes Heart Stage

The report highlights a rising concern for OT cybersecurity throughout all industries. Industrial networks, historically air-gapped from the skin world, at the moment are more and more linked, making them susceptible to cyberattacks. A backlog of legacy techniques and belongings, an increasing assault floor, and an overstretched workforce are exacerbating the issue. A good portion of respondents (89%) cited cybersecurity compliance as very or extraordinarily necessary. This displays the worldwide want for strong safety options particularly designed for the distinctive wants of commercial environments.

Collaboration is Key: Bridging the IT/OT Divide

With 41% of companies’ reporting IT and OT groups working independently, the report underscores the vital position of improved collaboration between these two groups. Operational effectivity and agility hinge on a lot better integration between these two historically unbiased departments. The advantages embrace simplified operations, enhancements in cybersecurity protection and remediation, and sooner, better-informed selections. The suggestions from the survey was clear. A single vendor answer designed and built-in for each sorts of networks is a significant catalyst for driving IT/OT collaboration.

Making ready for AI in Industrial Networking

48% of the respondents cited Synthetic intelligence (AI) because the rising know-how that can have essentially the most important impression on industrial networking over the following 5 years. AI is poised to play a transformative position in industrial networking, with the flexibility to automate duties, enhance community efficiency, and predict potential points earlier than they disrupt operations. Individuals additional acknowledged that AI in industrial networking could be a spending precedence in the identical time interval, which additional signifies the urgency to organize operational networks for the best worth AI use circumstances.

Past the Headlines: What Does it Imply for You?

The findings of the report paint a transparent image of the evolving industrial panorama. Listed here are some key takeaways for organizations as they plan the transformation of their industrial operations:

• Make investments at a aggressive stage: 63% of respondents have ramped up spending on industrial infrastructure over the previous 12 months. It’s vital that organizations spend money on their operational community as a aggressive differentiator.
• Set up robust cybersecurity practices: the necessity for strong cybersecurity to guard vital infrastructure has by no means been better. Addressing the rising world menace panorama requires embedding OT safety into the community material and robust distant entry capabilities. For the very newest on OT safety, please see “The Forrester Wave™: Operational Expertise Safety Options, Q2 2024”.
• Enhance IT/OT Collaboration: Elevated communication and collaboration between IT and OT is important for max operational effectivity, improved cybersecurity, simplified operations and lowered prices. It additionally enhances automation and helps tackle rising expert labor shortages.
• Put together for AI: AI is coming to automate duties, enhance operational efficiencies, and generate predictive insights. Guaranteeing your operational community is AI-ready is a excessive precedence for many organizations in the present day.
• Discover a companion who is aware of each IT and OT: Industrial organizations want a companion to deal with the broad vary of challenges being confronted in each IT and OT in the present day. Additional, strategic companions ought to present deep trade insights and community blueprints to make sure a technique that delivers operational simplicity, safety and scale.

Constructing a Safe and Environment friendly Industrial Future

As organizations globally look to construct a safe, environment friendly, and future-proof industrial networking basis, we’re hoping this report offers you context and perception out of your friends to assist your planning and techniques. Cisco is the market chief in each enterprise and industrial networking, and we look ahead to working with you that can assist you navigate in the present day’s complicated operational panorama.

Obtain the Full Report:

For a deeper dive into the findings of Cisco’s 2024 State of Industrial Networking Report, obtain the full report right here.

 

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