The best of the Internet revolution is still to come according to Cisco Systems senior VP Howard Chaney who opened the annual Cisco Networkers Conference on Tuesday.
In an upbeat presentation Charney said cited the “three Bs” of technology revolutions; boom, bust and build-out.
He drew similarities when comparing the troubles of the IT sector to the British and Australian railway and automobile industry boom, bust and build-outs that took place decades ago.
“The current slow-down of the IT industry doesn’t convey an accurate picture of what’s really going on. The Internet is becoming more essential to everyday life, with an estimated eight billion e-mails sent everyday worldwide," Charney said.
He pointed to developments in biometrics as showing great promise but warned many organisations suffer from business process frustration where data structures are foreign across departments.
Charney said organisation’s fear of change is due to a failure in leadership from the senior management or CEO level of an organisation. He said Cisco is dealing with many enterprises not spending money, and said that the “maturity of technology should give IT executives confidence to go ahead and invest in IP telephony- which will work, I guarantee”.
Charney said many Australian organisations have deployed IP telephony solutions, including Cellnet (Cellnet), and Curtin University of Technology which last year invested in an IP telephony project to cover its four campuses and 25,000 students.
Charney hypothesized that in the future, every person will be allocated an IP address at birth, similar to the style in which animals are now being micro-chipped, but said there will come a time when people will find it intrusive.
Lauren Thomsen-Moore traveled to Brisbane as a guest of Cisco Systems Australia.